Has anyone gone out on their own from a senior tax manager position and started their own bookkeeping practice? I feel like it's work I could do in my sleep and charge enough to make a decent living and take a break from this stressful life. Source of clients wouldn't be an issue, I have a great network built up. Interested in any advice/thoughts.

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

There’s ppl as low as seniors that do this lool

Great to hear! I'm not a big fan of change and posting here hoping to hear about anyone's personal experience and hopefully successes in doing so. In my current position it would be a tremendous deviation from the complicated tax work I've been handling my entire career, so not a decision I will be making without doing some research first.

Please feel free to share anything helpful!

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Be prepared to become the clients only resource. When people get too deep into complicated tax they don't realize how many skills deteriorate. Like payroll- if you're their sole outsourced bookkeeper they're going to want you to handle payroll or at the very least hold their hand through it.

That and sales tax compliance woth the varying laws are where a lot of the "seniors go out and do this" people hit a wall and either struggle or can't keep up and it either heavily limits their client base or they get in over their head.

You said you have a network so I'm imagining you have contacts you could reach out to for support I'm those kinds of areas, but be ready for it.

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