Anyone know the implications of having a side tax business while at a big 4? I have done returns in the past but setup an entity for liability protection. If I report it will there be an issue?

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Do not set up an entity. Against all big four policies.

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The implications are you will be fired if caught

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Agree no way this is in policy. You should consult with independence. Not sure your side gig is worth getting fired.

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You technically need approval to even have a second job. This is also something that you should report under other matters when you do your independence. Doesn't matter if you don't think that you are competing with your firm or not, it's still something that you agreed no to do

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I don’t know about the other firms but absolutely against policy at EY. You would get fired.

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I really don’t get the issue with it tho. No one I’m doing work for could remotely afford 1 hour of a big 4 partners bill rate....

Why did you set up an entity?

You should just do it and not tell anyone. Who’s gonna find out?

How much do you charge?

One time I mentioned ubering on the weekends and a partner told me I️ was in violation of my EY contract

How do you have time?

Weekends as in like some sundays for a few hours. Couple extra bucks never hurt anyone

Tell that partner to go F himself

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