Are we allowed to prepare taxes for friends/family for a small compensation? 🤔

like
Posting as :
works at
You are currently posting as works at

Yes just let them sign it, thug life 😎

like

Yes

like

There is the firm sponsored answer. The real answer is don't form an LLC or anything that suggests you intended this to be for profit. Help your family and friends. Remember everyone is your friend.

like

Wouldn't talk about it but isn't an issue. Request cash, gift cards, or goods.

Yup

It's against the firm's "extracurricular employment" policy. You cannot provide tax prep or accounting services to anyone for any form of compensation. You can help family/friends if you receive no compensation, but you have to disclose it to the firm and have each person you help sign off on a form. I researched this heavily about 2 months ago when I was going to form a PLLC to do tax prep on the side.

Hey, if you think it's worth the risk for a couple hundred/thousand bucks, then by all means do what you want. I'm just telling you what the official policy is. No need to be a prick about it, prick.

Don't sign off. Don't talk about. Cash only

Related Posts

Newly minted Creative directors: What's the going salary these days in a major US market? SF, NYC, Boston, Chicago, LA.

like

Hi everyone, if you have got an offer from Big4 in UK, can you please share your base salary, core skill, designation and YOE?

like

What base salary/ total comp to expect for a Sr PM in Toronto in today’s market?

I was looking at PM roles only that were around $110k, one company approached me with Sr PM (title bump) at $110k. I’m getting scheduled for final interview loop next week with this company and planning to negotiate if an offer is extended from them. I did tell them that I’m at final stage with other companies so they can expect multiple offer situation from me. Advice?

like

Any Amazon counsel or other FAANG attorneys willing to share how their comp review has worked? I’m really happy with my offer(lower base, really high signing bonus and decent RSUs) and was told their would be yearly comp reviews but wondering how that plays out the first few years...

like

37 year lpn salary

like

Hey y’all, wanted to get some insight into an offer.

Director level sales role
250k OTE 60/40 split uncapped
325k stock 4 year vest (options) - pre IPO unicorn
10k sign on bonus

I’ve got about 8-9 years in enterprise sales /mgt

like

Hey 👋 need help with Charlotte compensation for federal tax seniors in PA! Evaluating an offer and any advice is much appreciated. Thank you.

like

In case of TCS in how many days after salary negotiation call with the HR they will send the salary breakup acceptance email for my approval?

FYI the HR said I will be receiving the above mentioned email.

I got 3 offers. Compensation is pretty similar for an experienced audit role. Any tips on making a decision? RSM, CLA, and Moss Adams

like

💲For those who DON'T think a six figure salary is possible:

👉Just ask for it. Really, you would be surprised. Might be easier to switch to a new company and ask. I did that 3 years into my career.

And 🛑 wasting your time at a company that under-values you severely. Sometimes switching companies every 2 years or so will allow you to keep raising the bar for yourself.

like

I got two offers in analytics ( risk management) HSBC and EY india Salary difference is 60k yearly and EY offered 2 lacs joining bonus. Which one will be better to join.

Overall 9 years of experience. Relevant 4.5 years

like

So this all seems like mental illness pretending to be investing. Good luck on the gambling. I’m blown away by the people screaming “HODL” with no rationale. I’m 100% out

like

Does anyone have suggestions for what a salary should be for a Digital Marketing Analyst | Paid Social & Performance Media? I have 1 year of experience, the job asks for 0-1 year of experience. I feel I over meet the qualifications in some areas and just meet them in others. The recruiter said 50k is the salary the company is offer. I know I can negotiate. What are your thoughts on what the salary should be?

like
like

I have 5.5YOE, Got an offer for 25LPA CTC + RSU 10L vested over 5 years.

Domain is semiconductor software validation, can i do better ?

Not sure what salary to ask or expect since a lot of people get paid less than me and some get paid upto double for almost the same work.

Any tips for negotiating CTC and RSU ?

likesmart
like

Anyone sent email regarding salary revision to manager/HR & got expected salary ? Yes, Plz share email template :)

Can anyone say the hike percentage and bonus for TC at PwC AC for Associate 2 level?

like

More Posts

Can anybody help me find a 2bhk appartment near technopark Trivandrum for rent around 10k

like

Madison should win this whole thing.

like

Lol did not know how much “muhurthalu” can mess with your wedding plans... according to them I won’t be getting married until 2022.

Guys, I have like 1.3 years of experience in KGS and dropped my papers and got this screen when going to hgs portal.. What to enter here.. Do I need to enter my previous company details or just enter zero and continue.. KPMG KGS KPMG India KPMG KGS KPMG India

Post Photo
like

Since recent events, do you think PSAs are still worth the time & energy?

like

Guys, anyone knows when offices are opening again?

like

Free MBA at Yale/Stern vs. Full price tag at H/S. What would you choose and why?

like

Hi, offer coming through from AWS - is there scope for negotiation with them, or is the offer just the offer?

like

I do enjoy a Texas sized thunderstorm every now and then 🤠

like

Looking to move to San Antonio and we're looking at places in Alta Vista and El Dorado. Pros and cons? We have two kids under five, so looking for a nice family community with good schools.

like

Would you expense a speeding ticket on your way to an IR?

funnylike

Any Vietnamese fish got H1B stamp recently? Mine is only valid for 1 year which I'm wondering why. Not having to worry about renewing it every year when I travel abroad is nice :(

like

Hi I got selected in Nagarro i.e. I cleared all the tech rounds but now HR is saying there is no vacancy , they are saying as soon as there is a vacancy they will give me an offer and asked me to wait until then. My tech stack is. java backend . Yoe - 2years. What should i do ? I want to join Nagarro, I resigned based on my Nagarro interview result also I hated TCS, hoping HR would call me in week . Pls guide me ? Why do these companies keep interviews when they don’t have vacancy?

like

Hi All. Adidas VS EY as Scrum Master? EY Adidas CTC is more or less same. YOE 6. Offered CTC 20 LPA. CURRENT CTC 14f + 2v. Thanks

like

What are the best websites and youtube channels you can recommend for interview preparations ?
Tech : Java microservice developer
Yoe : 9

Thanks in advance

like

How to get released from current project in Wipro.

like

What are the things you like about Accenture?

P.S. I am excited to Join Accenture in 2 weeks. My first switch. ❤️

like

What types of rounds can i expect from Google, for AI/ML role in Google cloud team? I have a phone screening round scheduled for tomorrow. Thanks

like

What is the hierarchy at Pune. What does a VP do and what are these A,B,C grades? Can a salary of 75 lacs be offered at a VP level?

likefunny

Additional Posts in Accounting

I'm wondering what people in public accounting think about their co-workers who are on working visa...

like

Xmas party at client site today. Sitting here waiting for everyone to leave to I can full on raid the leftover snack bar without judgement.

like

Taking FAR soon. Does anyone know if the CPA exam takes recent FASB amendments into consideration for test questions? I.E. the two step goodwill method was eliminated on Thursday.

like

Anyone have insights or work with/in CMAAS austin? Wondering how many people are in the group

like

Keep seeing people posting how they hate their job. I feel for you. But can we get some positivity up in here for a minute. People who enjoy their job, please share what you do and why you enjoy it.

likeupliftingfunny

Is the CPA designation worth it? For me it would take me 1 year of PREP courses and 2 years of PEP until i can write the CFE. And I am 27 years old right now. Also wondering if it would be crazy to pursue the CPA while learning how to code to be a developer as well?

like

I left Deloitte audit after 4 years and have been at The Siegfried Group for the last 7. Both experiences have been great, and both have their pros/cons, but I don't regret the move even a little! Ask me anything, happy to share the good/bad/ugly!

likefunnyuplifting

I honestly am really tired of social situations at work, including group lunches, happy hours and game nights...do I have to like those things if I want to be successful ?!

like

Praise be to Harambe 🐵

like

Counselor told me yesterday that the firm is considering cutting me due to low utilization. Any recommendations?

like

Why did you pick accounting as a major? I picked it because it was a safe choice and I just wanted a decent job after college.

like

How much are you on, 8 years in audit (senior manager) in New York v San Fran? Base.

like

For those that lateraled to another firm for FDD work - was your 2 week period paid out? Were you worked? Should I expect to have a 2 week paid vacation when I put in notice?

Receiving approx 30% pay bump to move firms. Stay schemin boys

like

PwC fishes, I am new to the firm. Just heard from a colleague that people will be put on PIP if they get a rating of 4, and will be let go if they get a rating of 5. Is that true?

like

I don’t understand how people keep posting about the bench and being unassigned. I’m in advisory(not audit) and my entire LoS is trending 90%+ utilization

like

I feel that I am the only person on the team that gives a damn. Everybody else seems to don't care. Funny thing is, I am leaving next week. So good luck to you all! ✌🏻️

like

I feel so guilty for leaving my firm for industry

like

Anyone knows how I can get Becker access and materials again once mine expires?

like

Anyone used aura at pwc? What's the cool factor of it? Just curious how it's better than the "filing cabinet" type software we have.

like

Does being professional come off as fake sometimes and people see through it?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal