Anyone transition from a technical tax guru to a rainmaker, later in their career?

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Did you really just use tax and rainmaker in the same sentence 🤣

I have not seen people transition late in their career (I suppose it's possible) But I have seen some incredible tax professionals who are also amazing at growing business.

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Let’s settle this once and for all. Is Des Moines considered HCOL?

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Annual review coming up. Looking for suggestions for asks…

8 YOE, Current 125 base, TC ~140.

Median base for my title/geo ~170 (mean ~166, 0.75 ~226).

Certs: CIPM, M365 Security Admin/Architect, AWS SOA, AN, & Security.

Vet, Inactive TS.

Highlights of the year: flew out on 12hr notice to evac E Europe-based employees & families, plugged 3 exposures before they became breaches, built TVM/privacy program from scratch, onboarded new CNAPP.

(-) Still a student (GIB: BA/MS expected ‘24)

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*1 week from rolloff date*

SM: I'm helping to close work elsewhere this week

*Analyst at status meeting*:

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Any MMM students / alums on here who would be willing to chat with me about their experience? :)

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Hi folks! Does EY/Deloitte offer holiday disconnect during Christmas/NYE?

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Yaar living alone in Gurgaon sucks man. Koi Milo yar, beer weer marte hain. Also paani Puri khaani h...shwarma bhi🥺🥺🥺🥗

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I really like my senior and pretty sure he likes me too, but we're on the same team. I don't think either one of us would want to jeopardize our careers. What should I do!?!?

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Does anyone use a Citi prestige card for hotels? Do you expense the whole bill and then pocket the fourth night free statement credit?

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Does anyone have advice for answering “what will your recruitment strategy be?” I’m interested in IB but am not sure what level of detail to provide.

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Is it possible to be “at capacity” billing ~8 hours per day?

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What are the annual salaries going for as a special education teacher (2 years experience) in the Bay Area?

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Moved to the HC stage at Google for a PM role. They asked me for salary expectations, but I’m unclear what level I’m being considered for, and therefore what $ I should be targeting? Anyone have any insights into PM levels at Google in terms of YOE?

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Would you take the first job that’s offered to you after being laid off even if it doesn’t excite you and it may not be the right fit? In this economy? Worried that it could be a while until something else comes along.

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Just saw a job posting for a creative team with a minimum of 6 years experience. Yo my CD has 6 years of experience. Let’s start being realistic ay?

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Does Deloitte keep you on your project after you give your 2 weeks? Looking for people who have resigned before and their experience.

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Can anyone tell me what an LPN fresh out of school should expect as a starting hourly bill wage in South East Michigan or Northern Ohio at a nursing home?

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Anyone taking CAIA 1 next mo?

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Additional Posts in Partners in Accounting

What does everyone think about the EY news?

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🎇What’s your biggest win from 2021?

Drop it below, let’s celebrate 🥳

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We have some at my firm leaving to be a direct entry partner at EY consulting. He was told he will benefit from the split the same way all other EY partners will. Anyone know if that is accurate?

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Expectation vs Reality: what did you think Partner was going to be like on your way there, and what would you say your experience is like now? What have you learned?

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We are essentially an outsourced controller for our largest client. The owner is taking MASSIVE amounts of distributions over and above income. He’s essentially financed $1M in distributions from his LOC. We have spoken to him multiple times about this and the behavior never stops. What would you do here? Fire your largest client? Do you feel your reputation would be affected when this behavior comes to light? Inevitably it will when he bankrupts the company one day.

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Where are all the accounting professionals going? Competitive pay and benefits aren’t enticing enough. People want work/life balance but how can firms provide that when the workforce supply is so low yet demand is at an all-time high. If technology is the answer are there firms that are successfully implementing solutions?

Does anyone know what the payout plan looks like for non-equity partners at EY in consulting/advisory if the split goes ahead? Please DM if not comfortable posting here.

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How does leaving a cpa firm partnership work? I have no next role set up but feel like it might be best to give notice and start the process now. Thanks for any advice.

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Any firms that use CCH make sure your invoices are being checked carefully. We just reviewed ours and were over-billed the last 2 years. We were supposed to have discounts and the math wasn’t even correct across for the amount times the discount to the amount billed. The worst part is our rep then gave a bullshit story of how the list price was incorrect on the invoice but the amount billed was correct.

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Have you noticed inflation and the general chaos we're moving through affecting your business and firm? Just asking for different perspectives here, not a political discussion.

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How is the current madness around Omicron affecting your firm? Are you implementing or changing policies to address it? Know this is a touchy subject, just taking a pulse.

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Will auditing eventually be conducted electronically using AI? What does the future hold?

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2nd year partner at a top 6 accounting firm. Have offer from big 4 for $200K more annually. Don’t really want to take it, but how can I not.? That’s approx a college education annually after tax. Should I try to negotiate or just take the money and jump ship. Feeling Seriously undervalued for what I’m bringing to the firm in terms of people building, sales, book of business. Hate to not be loyal, but $200K is $200K. Advice please

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I started a firm with three other colleagues about a year and a half ago. We all came from the same bigger firm and now obviously we are considered a very small. We want to make our first hire and hire someone for around $100,000 as a manager to manage around $200,000 of work. They came back at $120,000. After taxes and benefits that’s $150k to manage and prepare $200k of work. Anyone own a smaller firm who can share opinion? How much work should one manage for that kind of salary?

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I work a midsize regional firm and, no surprise, we are hemorrhaging staff. And it’s the good ones leaving. Some for family offices and industry positions, which I can understand. But others for smaller accounting firms as staff and seniors which just seems like a career killer to me. I’m convinced we need to do retention bonuses, raises, and recruit new talent by paying above market. Of course I’m a younger partner and don’t have the pull to actually make this happen. Thoughts?

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Vaccine mandates over finally. Except for the unconstitutional hypocritical NYC mandate.

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Any large firms include directors and non-equity principles in the pension plan?

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Work in tax, moved to a new state a number of years ago and didn't transfer my CPA license. Got a partner offer from a top six firm in my new state. Can I become a partner before I transfer my license to my new state?

likesmart

What's your best advice for someone who wants to make Partner and is early in their career?

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