Hey there fellow ESQs,
I am creating a professional corporation PC but don’t know whether to incorporate as an S corporation or C corporation. Anybody create a corporation who can lay out the benefits for an S or C corporation tax wise? My accountant isn’t being that helpful

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Having a lot of trouble deciding whether to take new job. Offer- 78k, between 3-4 weeks PTO, 7% 401k up to 12% bonus, senior accountant hybrid 40 min commute. I have 4 years exp. But no cpa. Currently make 70 w unlimited PTO 3% 401k, remote and am fairly miserable but I do like the people I work with.. but also not the happiest at home as I don’t get out much.

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Hello! I am graduating in the fall of next year with my B.S. in Accounting. I was offered a staff accountant position to start immediately at a small firm in Central Florida. The salary is $52k per year with decent additional benefits. Is this a good entry level salary?

Thanks!

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Anyone have a solo 401k for your LLC? Any insights/watch outs? Do I ask my accountant about setting one up, or do I need to find some kind of investment pro — or can I do it myself thru fidelity or something?

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I’ve been looking for a senior accountant (industry role) for a few months now, with not much luck. Most of the applications we receive are for candidates with much more experience than what is required. I was expecting to see a lot of Big4 or mid-tier seniors or associates that are looking to move to industry, especially since the news lately is that PA firms are experiencing attrition at those levels. We’re offering competitive pay and great benefits. What gives?

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Is $75K not enough for a staff tax accountant?

I have difficulties finding one. No CPA required, 100% remote, decent health insurance; and no one is biting. Two main requirements: understanding of income/franchise tax and good Excel (ideally - Power BI and or Alteryx). Does our recruiter suck or do we have unrealistic expectations?

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For those of you that started your own business, do you work with an accountant / tax advisor or do you do it yourself? What prices / benefits have you seen?

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Can you apply for a per diem tax job besides your full time tax accountant job? Both are public

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Can someone explain the tax benefits of an HSA to me like I’m five? Everyone seems to be on the same page with these and as a accountant I’m embarrassed I don’t get it

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Currently an A3 in assurance. I have two job offers: senior financial analyst (FP&A role) and senior accountant. Similar pay (a little over 40% raise), similar benefits. Will taking one of the offers limit me to just those types of roles going forward or would there still be an opportunity to do the other later on?

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Should post-tax 401k contributions show up on my W2? (I only did post-tax contributions, and got pre-tax gains)

My accountant says yes, but my company’s payroll team says no.

Any advice much appreciated.

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So I’m excited I have three pretty solid options 1. Being a trust tax manager at a bank ( I’ve done banking/trust world before)
2. Contract to hire at a private equity firm 3. Staff accountant role at a healthcare company. Thoughts on these options?

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Have an offer to leave for industry for a Sr. Accountant role for an F500 that, despite the economy, is growing rapidly. Currently an A3 in the greater Michigan market. CPA. 20% pay bump plus 8% on average bonus thereafter, excluding any future pay increases from promotions. Solid benefits/ retirement match. ESPP. Do I abandon ship?

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My programmer wife and I are about to reach 250k/y household income. How do we find a good personal accountant to help us save some money in taxes? We already have a 401k and IRA accounts and no home or children. I feel TurboTax might not be our best option anymore. Advice?

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Applied for a government job as an accountant today. Base pay is 40% higher than what I’m making now as an A3, assurance, LCOL. As a matter of fact, base pay is higher than my total comp at PwC (that’s base plus bonus and the value of all benefits). Are government jobs competitive to get into?

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Advice needed: looking to leave public accounting and tax for good. I have two offers between a financial analyst and an accountant role. Based on your experience, which of the two has the best/better exit opportunities (should I decide to pursue the finance realm or something else) and better work life balance? The bigger pay as an analyst is tempting, but the company benefits are meh.

likehelpful

Anyone familiar with salary in orange county (SoCal) and LA/El Segundo area? Interviewed for a senior accountant role in a public health care industry in Irvine, but their maximum pay is 85K. I thought Irvine should have pretty good pay too but this surprises me. Even a private Healthcare company in El Segundo pays more than that for the same role but with even lesser experience and easier job duties...

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Is this salary too low? I'm @ final interview for senior accountant and job posting said $60-65k. Before you say it's too low right away, my experience is on a low end of this of this role. Just 1 year auditer @ national top 10, 6 months intern at same firm, 1 year accounting intern at local private firm, and 2 years doing AP clerk. I'm a licensed CPA and in MCOL. I really want this title for growth but don't want to get stiffed. It's a large corp w/ great benefits.

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Considering 2 industry job offers - #1 is a mid-size software company, $70k + $5k signing bonus. #2 is a mid-size fintech company, $83k. I've been wanting to work for #1 and I like the industry and people better, but am having trouble looking past the pay. For context, I'm a senior 1 making $73k base. Both roles are standard GL accountant roles, and benefits are similar. Would you take a pay cut for a company you wanted to work for?

likehelpful

Hi! Relatively new here. Current employer doesn’t provide a 401K, and former employer is about to shut down their 401K, so I need to transfer that money elsewhere. Any advice as to - where to transfer it, and how best to keep max saving for retirement? My tax accountant suggested doing a 401K via an LLC since a typical IRA has too low a limit. Any advice or suggestions?

likehelpful

When’s a good time to leave PA? An opportunity to join as a senior accountant for one of the top publicly traded companies just came my way and I’m a first year senior. Debating on whether or not to take it. Pay is close to six figures in the pacific north west - close to a 30% pay bump for me and great benefits.

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Hi Accountant 🐠!

My friend just received settlement. She is trying to figure out what to do with it. Someone told to open a trust to avoid taxes and impact on her potential benefits <contd>

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Im a government accountant, earn about 100k/yr not including retirement and benefits. How much would a company have to offer to consider leaving a gov job?

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What else can I do with an accounting degree? I want to get out of audit and have no desire to be a staff accountant or financial analyst. 1.5 years of experience. I was thinking benefits consulting?

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Related Posts

How much are you contributing to your 401k?

Fintech or Bank - both Data Analyst in Internal Audit and same compensation/benefits

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I recently received a VP offer at AlixPartners, can someone at AP help me understand this new profit sharing/ longevity bonus they have? The HR rep was not very clear given how new it is. I presume it is additive to any annual bonus or 401k match, correct? How does it work? How long is the vesting period? Etc.

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I have a new prospect. Small business owner that wants to start a 401k for himself and his employees. Who would be the top 2-3 organizations I contact, and what questions should I ask the providers?

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Roth vs Traditional 401k, thoughts?

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Can anyone share any examples of outstanding direct to consumer healthcare ads?

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Here a European from one of those communist countries who use taxes to have free ish healthcare and that.

I'm about to move to the US and just realised that paid holidays are not a thing there. What's the deal? Some agencies better than others? Can I get days even if I don't get paid? So much to do outside of work, I need dayzzzz

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How do you know when the next move is right? I don’t like my current position at all, I have an offer from a smaller healthcare focused consulting firm doing ERP implementation. I have no idea what I want my next job to be, it sounds interesting enough but I’m unsure if I’m just hopping from one bad positon to another I won’t like.

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I read this super interesting article about how big companies like Toyota are investing in social-emotional training for their employees and seeing massive benefits. I actually think this could be a whole separate class for students of all ages. Learning about conflict resolution, growing your own self-regulation skills...it's really important.

likeupliftingsmart

Are per diems the same amongst firms? What is your per diem in a city such as Chicago?

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I left an omnicom agency for a Publicis one. My new benefits cost me 250 a paycheck (medical, dental, vision) for my spouse and kids. At omnicom it was 630 per check. That’s fuckin robbery right there.

likehelpful

Can any healthcare bankers with experience in dealing with Canadian Healthcare system shed some light on why the system is inefficient and why it takes so long to see a specialist?

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what’s the ratio of equity/stocks to bond/fixed income in your Merrill lynch 401k plan?Do you make any modifications or just use recommended distribution? First job with 401k and not sure what to do!

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Can you get MBA tuition reimbursement if you’re a Digital Strategy Analyst? Or, do you need to be baptized as a pure Strategy Analyst?

smart

Hi EY fish, what would total comp look like in excess of base salary? My understanding it would be bonus and the pension? What is the targeted bonus % for senior?

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What is the general ranking for A-SC firm benefits across commercial management consulting?

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What are you doing for a retirement plan as an independent consultant? Solo 401K, SEP IRA, etc.? Any recommendations on where to open an account?

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Desperately want to get into healthcare strategy consulting. 13 years of healthcare clinical experience including project work. MBA. But keep getting told by recruiters that I don't have enough experience to be a Consultant or Manager but that I have too much experience to enter in every level such as a Senior Associate. Just one rejection after another, even when applying with internal referrals from Director or Partner levels. What am I doing wrong?

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Between two offers, "Associate Principal" for m&a consulting in the Healthcare industry vs a Director at a F300 company doing M&A and Partnerships. Consulting pays about 50k more. What does the future look like in consulting? I am a bit nervous jumping from from "industry side" to the "consulting side".

How bad is reneging a week before I start? Have an offer with FAANG but the role is sales. Got a dream job with Disney in Analytics & Strategy with comparable salary. Should I stick with FAANG?

Better manager & culture & benefits at FAANG, better role & opp at Disney

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Additional Posts

Thoughts??
Also, what do you prefer WFH or WFO?

Post Photo
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My passport expired at the end of January. Can I still travel to india if I plan to return by early Jan (before passport expires)? Or does india require 6 months validity on the passport. It’s a US passport FWIW. I don’t have time to renew since it’ll take 3 months!Thanks!

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Does anyone know about Bevel PR? What have you heard? I am interviewing with them. Thank you.

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I thought the answer is yes but now double checking. Can we write off the interest we pay on our primary residence mortgage?

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Are new recruits eligible for mobile phone reimbursement within one month of joining? I understand that it needs to be configured first.

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Hi all! I’m new! I started the year off planning to save for a home for myself, then rates skyrocketed. So we’re holding off. Fast forward to the final quarter of the year and we were presented with the idea of a residential assisted living facility. The problem there is we’d still need to acquire property in order to run one. The only difference is the RAL would be a business and is already registered as such. Does anyone have any experience here?

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Please suggest popular areas for 2BHK affordable rent in Toronto. Both my husband and I work from home and have recently moved here. Have stayed in basement accommodation for over 6months. Would like to have a slightly bigger place.
Any recommendations please. Thank you!

I just applied for a Delta flight attendant role and my page glitched right in the middle of my application and now it says I’ve applied even though I didn’t finish answering questions. Has anyone else had this happen? So scared it has completely ruined my chances.

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Is there any band at each level? If yes what is the starting band for Manager level and min salary package?

What salary could I expect in industry in a People Analytics role? With a PhD from top b-school? Some prior consulting-like experience. tyvm!

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VC community - a recruiter (from an external agency) reached out to me in regards to a strategy position in the VC firm’s local office but I feel tremendously under-qualified as someone with less than a year of consulting experience. Do I have a chance to interview? How might I best demonstrate interest and competency?

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How is KGS interns of wlb and job security

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Are there any restaurants offering a take-home Christmas dinner? Like they make the food and you just heat it up when you bring it home?

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Does anyone here work fully remotely? If so, how did you find your position, and did you have to sacrifice or compromise on anything - including salary?

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Is there an online or college course which concentrates on the craft of Art Direction? Like the developer bootcamp, but covering visual story telling, photo art direction, animation, video, etc

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Anyone seeing big declines in FB/Insta performance? Across several clients we’re seeing CTRs or other ad engagements dip starting in July.

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How often does your firm give out branded swag? Anything good lately?

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Best hotel in Phoenix? Prefer Marriott but open to others if it’s a great spot.

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Do we get charged if we order a replacement for office peripheral through official tech support?@

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