If you could start over, would you get your CPA all over again?

funny
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100%. I had to pass 4 exams to create a salary floor of $70k the rest of my life. In any city in the USA. No matter what is going on in the world, I will always be employed and be able to pay my expenses. I should top out at 150-180k with 45 hour work weeks in a high COL city.

likesmart

That is why a CPA plus IT/tech background is an explosive combination in terms of future earnings and job growth.

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I would be a nurse, in the ICU, working three 12 hour days a week and then done. Those patients are almost always sedated, and LPNs handle all the stuff I cringe at (wiping some else’s butt 🤮). That’s only about $60-80 depending on the market, on the low end, but I sooo value life outside of work and a job that stays at work when I leave, that I’d happily take the cut in pay. Plus, I could do nurses without borders and live abroad a bunch, and just generally get jobs abroad more readily than I can as a SALT manager (yeah, the desire to live abroad wasn’t present when I chose, or more accurately, fell into this area of practice.

likesmart

lol my sister is an ICU nurse and I do not recommend

likefunny
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Personally, I feel the investment would’ve been better spent on a comp. sci. profession... maybe before the internet being a CPA was worthwhile and lucrative.

likefunny

Hello no! Would have gone to health care or IT instead. This profession sucks in terms of hours and repetitive work.

likefunny

I would still do Accounting/CPA, but I would combine that with a Data Analytics/Comp Sci/Information Systems. It's never to late though, and I am doing that now.

likeuplifting

AM1, you can work in tax tech in PA or transition to industry. My tax dept (industry) has 3 guys in charge of tax tech and transformation.

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I would like to go into the skilled trades if I had a do over. Apprentice for a few years. Then I can set my own hours, work for myself, and feel like I’m making a useful contribution to society. There’s a tangible benefit to my work. Plus people will always need plumbers or electricians or elevator repair techs.

likeuplifting

I left KPMG to move to the Palm Springs, CA area with my wife. Naturally there’s no big 4 there. I worked for a top local firm. After doing hundreds of returns, there was far more electricians, plumbers, (trades people in general) that made 100K+ than CPA’s 😅. I do real estate sales now in the day, and intuit tax expert work in the evenings. Overall, I’m much happier and wish I left public accounting sooner.

likeuplifting

Not a chance

likefunny

Just be a teacher in NYC. Almost the same salary progression in my first 6 years, although at this point a teachers salary stagnates around $100k. That's okay - salary isn't everything and they get like 3-4x more time to themselves.

likefunny

EY1, it also depends on your differential based on your education. All teachers are required to have a masters but if you get like 30 more credits you qualify for the higher differential which boosts your pay by around $7k. For the record this is my 4th year and her 6th. I'm at $78 and she's at $77.5ish. But if she teaches any Sat prep, grades regents, or does summer school, the OT rate is like $50 per hour. So while I work Sats for nothing extra, she works them for less time and gets an extra $200-300 per week when she can. The pension and free Healthcare really do go a long way if you can look at the bigger picture. She'll retire earlier and probably with a bigger safety net than me haha

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Yes, but I would have gotten it right out of college instead of 12 years into my career.

likefunny

Probably not. Wish I had gone through the healthcare path

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Probably go for a law degree

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Can confirm KPMG2. My friend went to Brooklyn law school. Him and friends, all of whom passed the bar, are all making under 90k a year.

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I am not a CPA and I do not work in PA. If I could start all over, I would still not get a CPA or work in PA....

funny

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