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How Much Should An Accounting Business Charge In Annual Accounting/tax Prep Fees?
Question by smsnead2 | Posted in Other - Business & Finance
I'm doing a brief research on accounting & consulting fees. I work for a nationwide niche firm that has about 1,500 accounting clients (including tax prep) averaging about 700-800K per year in operating gain. I believe we are undercharging for our services. Our average accounting fees are about 1%
Answer: I can only charge you about business management - taking in all of the money and paying all of the bills, in addition to doing all of the tax profession. The percentage that I am going to give you also would include insurance services (taking care of the guaranty needs of the clients, such as automobile
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Do I Have To Be A CPA To Open My Own Accounting/Tax/Bookkeeping Business?
Question by Brandon | Posted in Other - Business & Finance
Hello. I was wondering if I beggary to be a CPA to open an Accounting/Tax/Bookkeeping business or if I could open my own Accounting business by having a Bachelor's of Science Degree in Accounting added work experience?
Thanks in advance.
Answer: No, you don't lack to be. It will be harder to build your business as many customers will only use a CPA.
How Would An Accounting, Bookkeeping, Tax Business Run?
Question by Undecided | Posted in Small Business
I after to go to college and study accounting. After that I hope to earn my CPA then have some experience in the work field. I then daydream to open a tax and book keeping business.
Will it bring in a decent amount of money?
How much would you say you could make of such a slight feel embarrassed
Answer: Bookkeeping is farther down dollar - you can hire someone else to do that sort of stuff.
CPA - now you're talking! Say, oh, about $150 per hour. But the downside is that you have to keep up on all the new tax regulations and such that enter a occur out every few months.
Turbo Tax Filing - Inventory With Cash Method Accounting Small Business?
Question by dester | Posted in United States
I am filing my humble sole proprietor business taxes with turbo tax. I use the cash method of accounting. I am so confused about inventory. I cannot have found out if it is required. According to turbo tax I do not have to take inventory. So can I skip the cost of goods sold stage? Thanks.
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