How do I get started as a fully licensed California CPA w/o going down the corporate or tax preparation route?
I have my California CPA license and have audit (no tax) work experience at a public accounting firm and a corporation, but I want to go out on my own as a sole proprietor CPA and/or consultant. I don't want to do income tax preparation nor do I want to work the regular 9-5 daily grind in a corporation. What can I do to explore my options and how do I get started getting my feet wet in the sole proprietor world?
Public Comments
- First work a job maybe in a CPA firm or corporate work to pay the bills. You could even work as a temp but unless you have other income you will need to pay the bills. I was going to start a CPA firm once but found a job I loved instead but when I was starting I planned to try to specialize in partnerships of doctors. I had the software that I had done software support on for 10 years so was a report building expert and had formatted many partnerships and had worked in CPA firms for 17 years before that so was good at partnership returns. I live near a hospital that has many clinics around it and had planned to start with individual taxes. I got all my software when I was a tax analyst for a software company free. I placed advertising that came direct mail in Feb but they didn't place it so said they would run it in two months which would have been to late so I just took another software job. Most work full time in a CPA firm or software company as a software developer or software tester then run a tax practice or accounting practice evenings, weekends and tax season when tax software development and testing is done for the year. Some tell me a magnetic sign with the name and phone number got them about all the work they can handle. Some don't advertise they are CPAs because less liability.
- without tax or bookkeeping services or other normal CPA work to fall back on, your paychecks may be few and far between
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