j3cpa wrote:swgordon: than you for your suggestion. I do plan on contacting other CPA offices once things start rolling. Other than a referral $, I don't really think I can provide any real benefit to them. I would be leeching clients while having no clients to refer back. What do you think?
ItDepends: exempt organizations are all over the place. Most CPA knows very little about non profit because they have very little volume compare to 1120s or 1040s. But there is very good money here, basic returns could go from $850 to $5000 where I'm from (MA). If anyone reading this in the area and feel like my estimate is off, please chime in.
j3cpa wrote:I have a 100K job. Work from home whenever I want. Great benefit. No stress whatsoever. Basically can take leave whenever I want.
For non competing and conflict of interest reason, I can’t moonlight on the side for extra income. It’s been hard deciding if I should leave this gig to start something of my own.
How long did it take you to get 100K NI?
j3cpa wrote:swgordon, cornerstone: thank you for pointing out my shallow thinking and the positive comments.
southparkcpa: $200 would be a little high for what I'm thinking of charging as I'm starting out. But I understand your thinking. Also, thank you for the positive reinforcement that you were able to bill $100K first year like that! congrats. Why do you say that there is a shortage of CPA nationwide?
swgordon wrote:Don't charge too little. Starting out, everyone has the tenancy to charge too little thinking that you have to in order to get clients. But you don't. If you do, you will have a hard time getting those clients up to the level that you should be billing at when your fees do rise to what they should be after a couple of years. Set your fee where you want it to be from the get go and raise it each year to compensate for inflation/cola. I guarantee that clients will not question it. .
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