*Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..*
Knowing what to do and when to do it is very important. You don't just venture into the nft and crypto market without having a solid understanding of how the market operates.
Always spot on 💎. I can’t wait to watch these videos I wait and then binge watch them. Currently doing my own taxes for small business but when future I went them 😤 and only them ☕️
What about asking how familiar they are with your industry? Some people are in specific industries that some people might not understand all the common business practices. For me, this might also be good information if everything else checks out.
I am skeptical about telling clients about on average how much I have saved money on my clients. Each situation is different, so I wouldn’t want to raise their hopes high if they have a whole different situation.
We have a small business (S-Corp) & I am desperately needing advise. I was told to change to a C corp. However, I want to understand so I can make a wise choice.
How come they give you a answer like I'll save you 15k in taxex with out knowing how much is the business revenue ? I would agree with you if the number was in percentage. If a CPA tells me I'll save you X amont of dollars in taxes this will be a huge red flag.
I filed my W2 and small business taxes with Turbotax, printed them but I haven't mailed them out yet. I never efile. I needed to remove a business expense and my only option was to amend it because it was completed. Being that I haven't mailed anything out yet, can I mail the first return and the amended return all together? I owe a little over $300 more than my original amount owed, so should I use a separate check for the difference?
@@LYFEAccounting hey, just a heads up that the discovery application has a loading icon where the submit button is that doesn't go away. Tried to do it on my phone, and two browsers on my computer. I hope I can use your services!
@@LYFEAccounting nope, I'm trying to book but it says unable to book appointment when I hit schedule. I'd like to book an appointment on Fri, Feb 3, 2023 [ 09:30 AM - 10:00 AM ]. Do you have an email I can send to?
@@LYFEAccounting I bet they were decent enough and not sketchy like that guy who picked up and left like you described in the video. As a CPA myself I hold it in high regard. I've been in public accounting four years, with the first two helping prepare individual returns at a medium sized firm. I'm at EY now and only work on investment partnerships. I guess a lot depends on the market the CPA works in and experience they've had.
@@knightyabut I'm with you on this. I'm also a practicing CPA (Texas). It's also important to note that a CPA has strict guidelines on what can be said & advertized; telling someone that you save them on average 20k in taxes probobally wouldn't fly and could be considered a deceptive advertisement. Specifically, Texas' Admin Code §501.82(b)(1)(C) considers a false, fraudulent, misleading or deceptive statement or claim as something that is intended or is likely to create a false or unjustified expectation of favorable results. Also, what is LYFE Accounting's CPA to Non-CPA ratio regarding it's employees/ partners (if applicable)?
I disagree. CPA is not an indicator of a decent accountant. I think at the end of the day it comes down to the individuals intergrity. We have CPA’s who have been in trouble for doing shady work & got their licenses revoked. Just as lyfe accounting said, there are good doctors and not so good doctors.
@@Joe_Can Having strict guidelines doesn’t mean anything to a CPA who won’t follow those guide lines. At the end of the day it boils down to the individual personal. Are they ethical?
