I'm thankful to be in this situation and understand how money doesn't always make you happy.

Thank you, Tailor! It's definitely a new era for my firm!

Congratulations on starting your own firm!

Thank you so much. That means a lot! I'm glad you enjoyed them!

😊

So no need for CPA ? Bookeeping cert and enrolled agent is all thats needed ? How much can u make ?

@@onetime3137 That's a great base. You can make as much money as you want.

It was all paid for in 2022. The service that I used was seamless where I didn't have to do any of what you described. It was also pricey. About $200/return.

Thats super cool would love to know what service you used!@@taxtelegraf

Can you give me some suggestion about the syllabus why is it easy or very hard ?

😱 If I make $500k, it better be from KZfaq content lol

Honest question - you’re getting $250k of revenue from staffers?

That is big revenue per person. For staff accountant billing out at 150 an hour, they would need over 2,000 billable hours assuming a 80% collection rate. 250000÷150÷0.8 that's before factoring in admins that are not making any revenue.

That said, I do know firms that make those figures but it often comes with the partner working a lot of overtime

I'm ready to ride off into the sunset in my mustang

LFG can’t wait for the Accountant 2 .. ben affleck saving our reputation 😅

He was my first admin!

Thanks for sub'ing!

Good idea!

Thank you! It's for my og fans that have been following me over the last couple of years :)

Thank you. I didn't provide a link on purpose because 1. It drives more engagement when people ask or suggest for one. 2. I like people who can solve problems.

Thank you for watching! Step 1: Get tax experience :)

Thank you for watching and your question! I can't give any advice on CPA exam differences, sorry! I don't have experience with that.

It's all about pricing! No comps because I don't want to do peer reviews.

I'll do a tech stack video one of these days

@@taxtelegrafI’d love that. As a new firm owner as well I’m feeling a bit overwhelmed at all the options of tools.

Normal consent disclosure 7216. I'm not going to disclose the firm 😀

I don't use either so I'm not sure!

What's your situation?

@@taxtelegraf basically it would be come on and work as a manager at the firm, and then in 2 years start the buy in process into being a partner. What’s your experience been like being a partner? Is my situation, sounds like something based on what you have went through worth to explorer? I know comes a different schedule. Was hoping you could provide any insights! Thanks you!

@@JORDANBULLS10 I love running my own business but it's just me. If you're going to be co-owning you're going to want to make sure you work well with the other partner(s).

Where do you live and how many college credit hours do you have?

I believe the rule is still if you have 24 hours of Accounting Credits, 150 total credits, and two years working for a CPA you can get a CPA license after passing the exam.

Mostly tax software

UltraTax + SurePrep related software

Central Texas. I'm actually cheaper than a CPA firm down the road!

These are the same prices at the firm I remote work for down in So Cal. Excellent video man!

I’m in a small town in Ohio, and they’re pretty close to our prices. People are often afraid to value their work. And I think competing for low cost returns creates more churn for price-shoppers instead of loyal customers who have the ability and need to pay more and value the service.

The trick is to not offer in person meetings and require them to be virtual or over the phone.

My dad is retiring soon and I could take over his CPA practice if I wanted. But the main problems I have are I live in FL and all his clients live in IL and he thinks I can lose half the clients by going virtual. The other issue is I only have maybe 3 busy seasons of experience. I don’t think I could do some of the returns he does. Should I just get as much experience at a firm as I can until he retires and then go for it?

@@sswany_ I'd pass on that opportunity.

It's an email of "your minimum will be ___"

@@taxtelegraf nothing else? Just a one liner lol? I’m thinking of doing the same and curious if it was a conversation or just a one liner email

@1aberson sub here and follow me on Twitter, and LinkedIn, DM me and I will send you the template.

@@CoffeeKiing kzfaq.info/get/bejne/j7t6e5SLzLmvqYk.htmlsi=RZKK00l5hMQKOOB- 😉

@@taxtelegraf congratulations!! Time for me to work on my CPA now.

You don't know about the discord???

@@taxtelegraf nope!

@@jeremiahjasso8591 reach out to twitter.com/WTFoote for an invite.

All of them, it seems like

Can you make this comment shorter? I bailed after the first sentence. (I'm messing with you btw)

@@taxtelegraf Constructive feedback is helpful if you can be a bit humble. A channel I watch because of its macroeconomics secondary message grew from zero to 230,000 subscribers after he joined in August 2022. My intention was not to bring you down - just to suggest an alternative. His channel's main theme is the status of the used car market, of all things, but its macroecon message has some value. It's "Car Questions Answered". There are other channels. Hormozi has it right, "give, give, give, don't ask to receive, and when you're producing valuable content, you will know because the audience will ask to get involved" Good luck to you

Thanks, Greg. What's your experience with content creation?

Why's that?

@@taxtelegraf Based on my own journey-5 years deep in the accounting trenches, armed with a bachelor’s degree in accounting, and plugging away in the field-I’ve got to say, being just an accountant can be a total drag. Day in, day out, it’s the same old drill: punch in some numbers, shuffle a few debits and credits, and then get lumped with whatever admin work comes down the pipeline, like fielding calls and managing the calendar. There’s hardly anyone around to show me the ropes on the cool stuff-think big-picture strategic planning, deep-dive financial analysis, or the kind of consulting that really shakes things up. It feels like having a bachelor’s degree slaps an “assistant” label on your forehead, and you’re just there to make the big shots’ lives easier. And don’t even get me started on the paycheck-it’s not exactly what you’d call generous, especially when you factor in the crazy hours. Hence my reasoning for leveling up. I’m on my way to snagging those extra 30 credits so I can take a crack at the CPA exam. Because, honestly, this isn’t what I signed up for as a bright-eyed freshman. I’m chasing that sense of achievement and the kind of work that really lights a fire in your belly.

@@taxtelegraf Based on my own journey-5 years deep in the accounting trenches, armed with a bachelor’s degree in accounting, and plugging away in the field-I’ve got to say, being just an accountant can be a total drag. Day in, day out, it’s the same old drill: punch in some numbers, shuffle a few debits and credits, and then get lumped with whatever admin work comes down the pipeline, like fielding calls and managing the calendar. There’s hardly anyone around to show me the ropes on the cool stuff-think big-picture strategic planning, deep-dive financial analysis, or the kind of consulting that really shakes things up. It feels like having a bachelor’s degree slaps an “assistant” label on your forehead, and you’re just there to make the big shots’ lives easier. And don’t even get me started on the paycheck-it’s not exactly what you’d call generous, especially when you factor in the crazy hours. So, enough is enough-I’m leveling up. I’m on my way to snagging those extra 30 credits so I can take a crack at the CPA exam. Because, honestly, this isn’t what I signed up for as a bright-eyed freshman. I’m chasing that sense of achievement and the kind of work that really lights a fire in your belly.

Based on my own journey-5 years deep in the accounting trenches, armed with a bachelor’s degree in accounting, and plugging away in the field-I’ve got to say, being just an accountant can be a total drag. Day in, day out, it’s the same old drill: punch in some numbers, shuffle a few debits and credits, and then get lumped with whatever admin work comes down the pipeline, like fielding calls and managing the calendar. There’s hardly anyone around to show me the ropes on the cool stuff-think big-picture strategic planning, deep-dive financial analysis, or the kind of consulting that really shakes things up. It feels like having a bachelor’s degree slaps an “assistant” label on your forehead, and you’re just there to make the big shots’ lives easier. And don’t even get me started on the paycheck-it’s not exactly what you’d call generous, especially when you factor in the crazy hours. So, enough is enough-I’m leveling up. I’m on my way to snagging those extra 30 credits so I can take a crack at the CPA exam. Because, honestly, this isn’t what I signed up for as a bright-eyed freshman. I’m chasing that sense of achievement and the kind of work that really lights a fire in your belly.

@@taxtelegraf Based on my own journey-5 years deep in the accounting trenches, armed with a bachelor’s degree in accounting, and plugging away in the field-I’ve got to say, being just an accountant can be a total drag. Day in, day out, it’s the same old drill: punch in some numbers, shuffle a few debits and credits, and then get lumped with whatever admin work comes down the pipeline, like fielding calls and managing the calendar. There’s hardly anyone around to show me the ropes on the cool stuff-think big-picture strategic planning, deep-dive financial analysis, or the kind of consulting that really shakes things up. It feels like having a bachelor’s degree slaps an “assistant” label on your forehead, and you’re just there to make the big shots’ lives easier. And don’t even get me started on the paycheck-it’s not exactly what you’d call generous, especially when you factor in the crazy hours. I’m leveling up. I’m on my way to snagging those extra 30 credits so I can take a crack at the CPA exam. Because, honestly, this isn’t what I signed up for as a bright-eyed freshman. I’m chasing that sense of achievement and fulfillment!

I literally included all of my expenses in the video