Hi everyone, i think of starting part time side tax prep practice. Will you form a c corp? I am working in public now

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

OP, Ithink you should spend a little more time researching entity pros/cons before you go giving tax advice to the public.

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You should not be preparing tax returns or giving tax advice.

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The irony of this is unreal…..

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Tell me you over-rely on tax prep software without telling me you over-rely on software…

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If you don’t mind getting fired, create a single member LLC. Otherwise, just do it as a sole proprietor (which you are technically already doing).

First, plan ahead for your upcoming PTIN dilemma situation.

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What’s the ptin dilemma you speak of @D1?

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Someone’s PTIN is registered to them, not the firm. For example I left EY and still have my same PTIN. The ERO is entirely different than the PTIN

If you have to ask this question, you're not ready darling.

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Related Posts

Hi guys ,

Any one willing to provide referral in UHG UnitedHealth Group
Pls ping me !

Any other opening for ETL/database testing would be appreciated in any other MNC's as well!

Thanks in advance !

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Hi - Looking to connect with people from Boston Consulting Group to find out more about the work and potentially a referral for the Senior Associate role. I have a Life Sciences PhD and 1 YOE in consulting. Please let me know if you’d be interested in connecting, thanks!

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I've noticed that my coworkers tend to work more on their own than with others, even when they're all in the office. Is this normal? I feel like it would be helpful for everyone to talk about their projects more often—I mean, what if someone else has solved the same problem you're trying to solve already?

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Nagarro OR Deloitte which firm is good for interesting big data products? And which firm has better work life balance?

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Hi guys, i have been working as a Data Engineer from past 7 years. I have mostly worked on MSBI stack and also have fair experience in PBI. Now that most of the companies are moving towards cloud based technologies, could you help me with the right pathway going forward for better opportunities.

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Hello Fishes, I needed a suggestion on below:
I have been working on AWS cloud services from ~2 years. Recently joined new org. where the work is on Azure Cloud and more into Azure Databricks, Synapse Analytics, CosmosDb etc.
I'm not exactly sure at this point If this is a good move to switch technologies.

Can you fishes pls guide or help me if this Azure Cloud related services stated above are good in terms of current tech stack in market demand or did i made a wrong move? Pls help.. 🙏

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Anyone else frustrated with how people conflate introversion with social anxiety? I’m introverted but not socially anxious. And I know plenty of socially anxious extroverts.

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Re-read House of God recently. Medicine is absurd as it ever was!

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What are some sourcing avenues you will use to hire niche positions?

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Hi everyone,

I wanted to leverage the hive mind in finding out how best to negotiate a verbal offer for a 100%-remote Product Manager role in NYC, with a IT infrastructure/digital services firm (MNC but non-American):

Base salary: 120k

Sign-on bonus:10k

Bonus: 15%

No stock options

How competitive is this, and what should I negotiate for please? The written offer comes after verbal agreement.

I've 10 YOE in tech project management; 7 in product management.

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Love to see Duke lose

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Anyone interested for the flat near kadubeesanahalli (Bangalore)?? If yes, Dm me

Hi 🐟,
My team is growing (Human Capital M&A space)...
- senior director level M&A lead role, responsible for people related M&A considerations from due diligence through integration
- Sr. Mgr level People and Culture team member focused on leadership, org readiness, and EE experience for acquired entities
- Analyst for our HC M&A team supporting a variety of activities across the M&A life cycle.
DM me if interested. Great oppty to join a growing team in a highly acquisitive organization.

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I am serving notice period
My last working day is 8th March
I have just received my bonus Letter
Will I be eligible to receive this bonus before o leave the organisation

How valuable or important are scrum skills in the current market?

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I am currently finishing off my bachelors degree in Finance whilst working. I have decided to go back to study during covid. I do have 12 years experience in banking roles/credit assessment and more. Am really interested in investment banking and portfolio management. Will also be starting my CFA exams soon. Can anyone provide some background on how easy would it be to get into let say investment banking roles or similar given my experience but the burden of finishing my degree late?

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Young solo here w/ a question about fees: 1. A local solo criminal defense attorney has offered to pay me to go and make appearances before the Court on some of her cases to make announcements. (For example, “ready when reached”). I’m open to doing this and this attorney is asking what my fee would be? Does anyone have thoughts or opinions on what a reasonable fee would be to do something like this? Hourly? Flat Fee? 2. I want to ensure this is ethical. I don’t see an issue with this. Thoughts?

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So today my transition is complete. I went from voting mostly republican and for McCain to voting straight down Democrat this year. Its wild how the world changes.

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Joining via acquisition as an L7. Do the bonuses typically pay out most years? At what average percentage amount?

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Who all attended tc University today in kolkata?

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Additional Posts in Tax Bowl

Looking to move to London. What’s the salary range for a manager in Transfer Pricing in the Big 4 / mid tier firms?

Newly promoted manager last year if that helps.
Please can you include your gender, YOE as manager, and firm? Thanks!

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In 2015 different governments in the US collected $5,175,829,952,000 to service 321,230,000 people. That’s over $16,000 per person. Anyone else find this shocking?

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Crufts is going on, so there goes my productivity for the next two days

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If anyone with experience is interested in applying to KPMG, I can refer you! Send me a direct message.

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Can someone remind me what it's like to be in public and not in busy season? My brain can't go back 9 months

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Manager salary in NYC for general tax

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Anyone work or has worked at MGO?

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I have more than 12 years of tax attorney experience at biglaw and big4. Are there any big4 positions that pay more than 200k? National Tax? Anything else?

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First-year tax staff that started end of Q3, and just had my first year-end performance evaluation meeting. Still a blank slate in terms of tax experience, but I honestly do have a slight interest in international tax. Brought it up and I was given some names to find some work opportunities in that area. Besides SALT, any other specialized areas I should try to get some experience in? Also open to any tips and tricks to help tailor my workflow and experiences for the months to come.

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For those managers and senior managers who are directly working with new staff and interns - how are you maintaining the quality? I am at a breaking point now as I have no seniors on 3 of my clients. How am I supposed to concentrate on complex allocations if I have to do all the updates on basic M-1s. All the experienced S2 and S3s I trained got pulled into other engagements as acting managers. I am about to smash my laptop into pieces 😫

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On H1-B with approved I-140, currently looking out for State & Local Tax Senior/New Manager opportunity. Kindly share the leads, thank you.

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Interested in Joining PWC.
Senior at mid range firm
Just passed the CPA Exams. Going through the last portion of the process, I.E waiting for everything to process and NASBA to send documents to the state board.
Live in Houston
Should I apply on the site or would an internal referral be better.

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In Intl tax, receiving recruiting offers for all remote work at the manager level. However, I am about to get promoted. Only concern is if I don’t jump soon, I’ll be stuck at the big 4. Any thoughts? Should I entertain?

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Am I understanding utilization rate correctly? It’s chargeable time over total time? Charged 40 hours and had 10 hours non-charge so my utilization is 80%? If so, wouldn’t it benefit me to understate non-charge hours so my utilization is higher since they only really care about chargeable time anyways? Charge 40 hours still but only put 5 hours non-charge for utilization to be 89% instead of 80%? Or am I misunderstanding how utilization works?

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At any level above Senior, how do u manage the relationship between utilization and realization, which is an inverse relationship. Seems to be either blow the budget (and write it off), or eat a lot of time.

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How bad is it to leave an understaffed team right before fall busy for a job in a new city? Part of me doesn’t care at all b/c it’s a business decision, part feels like I’m totally screwing the team.

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Small Firm Question:
Working PA for the first time this year. Doing a lot of returns right now.

History of my firm: small (7 employees, two interns), was a single CPA show for 20 years. Cont.

Laying on the couch and watching TV all day sounds so much better than doing these tax returns. That is all , thanks for listening to my Ted Talk

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International tax senior associate- Deloitte

I have an interview with Deloitte next week for senior associate Internacional tax in California. How much salary I should expect? I am sure this question will come up and I don't want to underbelly myself. Currently I am a senior at other Big4.

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