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  1. CareCPA

    Billionaire pays off graduates' student loans

    OFF-TOPIC 
    I've seen a lot of bitter reactions to this. A whole lot of "but I paid my loans, so they should too" and "what about the families that sacrificed and worked 10 jobs to put their kid through college with no loans." And yet, I only hear those complaints from outsiders. I haven't seen any parent...
  2. CareCPA

    Free Accounting Software: If you need software, use these guys

    NOTABLE! 
    Hmm, for some reason that tag didn't show up in my notifications - odd. I use QBO and Xero. I actually prefer Xero, although QBO is good for recurring charges without having to add another processor (i.e. Stripe or Paypal). The recommendation would change depending on what you're trying to...
  3. CareCPA

    Starting (and Fastlaning) a lawn care service business

    GOLD! HOT! 
    Awesome. You seem like the kind of person who would automate/optimize where possible, so I would have been surprised if you were manually doing it. Also, just saw this: Definitely makes you think about what's possible. I keep thinking it's too difficult to teach my employees what I know (and...
  4. CareCPA

    Starting (and Fastlaning) a lawn care service business

    GOLD! HOT! 
    Just curious if you have a software for this, or if you manually optimize the routes/procedures.
  5. CareCPA

    Beginner's Guide on Who to Follow! (2019)

    HOT! 
    Honored to make the list. Also, very helpful. I always intend to follow people, and then never click the button for some reason. I'll need to start fixing that.
  6. CareCPA

    Do you think freelancing in SEO, SEM, Facebook Ads or Bookkeeping would be a better option?

    SIDE HUSTLE 
    Yes. Going to take this to PM if you don't mind. I feel like I'm hijacking this thread. We can bring it back here if it becomes relevant and helpful, I just don't want to clutter it up with my stuff.
  7. CareCPA

    Do you think freelancing in SEO, SEM, Facebook Ads or Bookkeeping would be a better option?

    SIDE HUSTLE 
    Cool, so we're headed in the right direction. Working on SOPs and consistency now. Resource hub is on the list for later this year. It's tough to get these really rolling during tax season. Our biggest time-suck is the pure volume of communication with clients. So having the resource hub and...
  8. CareCPA

    Do you think freelancing in SEO, SEM, Facebook Ads or Bookkeeping would be a better option?

    SIDE HUSTLE 
    I'd like the secret. You seem to have a knack for service businesses, and I do way more work for way less money.
  9. CareCPA

    Do you think freelancing in SEO, SEM, Facebook Ads or Bookkeeping would be a better option?

    SIDE HUSTLE 
    Could be both. For example, we focus in Xero, but can also do QBO. However, what I meant was an industry. Take us for example: we specialize in e-commerce. So we've built processes where we break down all the Amazon fees (and can even do it by product). Most bookkeepers would record the amount...
  10. CareCPA

    Do you think freelancing in SEO, SEM, Facebook Ads or Bookkeeping would be a better option?

    SIDE HUSTLE 
    True. Make sure you work towards a specialty. Generic bookkeepers are (literally) a dime a dozen.
  11. CareCPA

    Significant Change to Upwork coming in May 2019... “Pay to Bid”

    HOT! SIDE HUSTLE 
    "and almost a Bachelor's degree in Psychology" :rofl::rofl::rofl:
  12. CareCPA

    Eric from Erics Cheesecakes

    NOTABLE! 
    Both? I won't finance the company, but I will track financial performance and do the accounting.
  13. CareCPA

    Eric from Erics Cheesecakes

    NOTABLE! 
    I got your finances covered.
  14. CareCPA

    So I learned how to ride a bike this weekend

    HOT! MINDSET 
    This is on our list for this year - identify targets for acquisition. In our industry, the multiple is generally 1x annual gross receipts. This is going to be one of the fastest ways for us to grow.
  15. CareCPA

    So I learned how to ride a bike this weekend

    HOT! MINDSET 
    Tried this last week. Saw a tax prep business for sale online. Sad story - the guy had passed away at the end of last year, and the wife keeps getting calls and emails, even though she told everyone he passed away. So we talked for a while, and she said she would send the people my way since...
  16. CareCPA

    Training Manual / Procedures

    How's this coming? We're starting on procedures, and if you've found a great solution I'd love to steal it.
  17. CareCPA

    So I learned how to ride a bike this weekend

    HOT! MINDSET 
    We haven't tracked our queue time (it's on the list for next year). Some are getting antsy, some don't really care (especially if they owe money). But it's not all tax returns. There are things that have been on the "when I have time" list for months, but they should have been done by now.
  18. CareCPA

    So I learned how to ride a bike this weekend

    HOT! MINDSET 
    We're getting the to-do list done this week. By the end of the week, no client will be waiting on information from us. We will have everything as far as we can take it, with questions out to our clients. **side note - I think as a service business we worry about finishing our to-do list. What...
  19. CareCPA

    Training Manual / Procedures

    SharePoint?
  20. CareCPA

    Should I be paying this much in taxes?!?

    RANT TAXES | REGS 
    In the US, if you're just a W-2 employee, then there isn't much tax planning. Not worth the cost of a CPA unless you're $300k plus (then you get into conservation easements and other fun things). Own a business. Otherwise, you're SOL.

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