I made $283,000 in my third year as a CPA firm owner, with an average price of $1,150 per tax return.
Outsourcing tax work saved me at least 40 hours of work over three months.
Tracking my time using an app helped me compare my hours to previous years and see where my time was going.
Attending conferences and speaking engagements helped me gain confidence and make valuable connections.
I plan to focus on refining my client base and service offerings in the next year.
How much did you charge per tax return?
—On average, I charged $1,150 per tax return.
How did outsourcing tax work save you time?
—By outsourcing tax work, I saved at least 40 hours of work over three months.
Did tracking your time using an app help you?
—Yes, tracking my time using an app helped me compare my hours to previous years and see where my time was going.
How did attending conferences and speaking engagements benefit you?
—Attending conferences and speaking engagements helped me gain confidence in public speaking and make valuable connections.
What are your plans for the next year?
—In the next year, I plan to focus on refining my client base and service offerings.
00:00Introduction and overview of my third year as a CPA firm owner.
02:10Outsourcing tax work and the time saved.
04:30Tracking my time using an app and its benefits.
06:15Attending conferences and speaking engagements.
08:40Summary of my income and expenses for the year.
11:20Discussion of profit margin and plans for the next year.
