Whats the easiest way to start your own tax return preparation practice (part time at first) then maybe full time if worth it? Which tax preparation software is best to use? Or is it better to start off at HR block or similar places to learn some of the ins and outs before going solo?

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Have you worked at a small firm at all?

Either way do not work at HR block.

Drake is prob the best bang for your buck. There are a lot of threads about this topic on Reddit taxpros

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I have. Caveat, my specialization is transfer pricing but its impossible to do that on the side independent of a major firm. Tax preparation seems to be easier to do on the side.

Guilt your friends and family into giving you money as your first set of “clients”

What if I screw up their tax returns. Do I get to charge them more for audit defense?

If you come from transfer pricing I would not recommend setting up shop in small client tax compliance. The data they send is a mess.

I’d recommend picking a Tax niche and diving deep into it. Be very honest with yourself about who your ideal clients are and let the book grow over time. You’ll be able to spend much less time keeping up with regulation changes and develop a brand that stands for something if you run a boutique firm.

There are all types. Check out the Thriveal podcast. Jason Blumer talks about niche firms quite a bit. They exist for dentist offices, content creators, hair salons, franchised restaurants, etc. Could be anything you want it to be. Key is to find a niche that you’d be interested in developing a deep knowledge of.

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Endless possibilities for number one....

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PI Advisory SAP Supply Chain practice TX non MBA got promoted to Mgr this year. New salary is 124k. Please comment if I am underpaid or fairly paid? Need this info so I can make an informed decision.

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Great first day of school!

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Hi guys.

I'm looking for a job in finance field I'm a fresher just graduated in 2021 and I currently work in customer operations as no one is hiring a fresher and everyone needs prior work experience in finance.

Would appreciate if anyone can refer or let me know if there are opening in Delhi gurgoan noida indore or Mumbai preferably.

I'm willing to relocate

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Ghostly Frenchie 👻

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