Accounting and the Lump: The Trials and Tribulations of an Accountant in Sin City.
A little about myself.
I love math. I love numbers. I always envisioned myself running my own business. So I set goals and knocked down each one.
I worked for a few CPA firms to gain experience in a variety of areas from business and individual taxes, auditing, and bookkeeping for all types of businesses including Sole-Proprietorships (LLCs), Partnerships, S-Corporations, C-Corporations, Non-Profits, and Associations.
I worked with a variety of businesses ranging from Rental Real Estate/AirBnb, Cannabis, restaurants, ice cream shops, donut shops, doctors, lawyers, healthcare providers, and investors from all 50 states, Canada, Mexico, Brazil, the United Kingdom, Uzbekistan, and Monaco.
Built for the future.
I did not like the service model at the CPA firms I worked. I felt they needed to move to the 21st century - paperless, more app integration, advisory. The old model needed to be thrown out - manual data entry, wasting time tracking time, no work life balance. In contrast, I wanted to be more client-focused and slow the process down instead of rushing to complete a quota of clients a day.
Is a budget needed? Forecasting? Is more than one product or service being sold? Let's examine which one is profitable. Let's automate workflows. Let's set a timetable for goal achievement.
My goal for this blog is to share my experiences in the accounting field, some humorous, some sad and to enlighten people about accounting concepts that will be useful in business and life.
June 14, 2021at3:30 PM
Clarification of frequently misunderstood tax topics. Also, guidance to develop tax strategies and planning.
Many employees realized the old work model was untenable and began looking for new ways of earning income. Employees want flexibility, work-life balance, higher pay, and benefits. People just want to enjoy their lives with minimal stress.
The pandemic lockdown gave us time to flow into our natural patterns of sleep, thought, exercise, and rest. Many have lauded the return to "normal", back to being a cog in the machine. Now is the time to break the chains and forge ahead to the future.