How to Price Tax Plans
14:12
8 ай бұрын
Пікірлер
@DreamFirms
@DreamFirms 12 сағат бұрын
For the other 6 most common mistakes accounting firm owners make, check out our video here: kzbin.info/www/bejne/qabKXnqOj6p7idE
@rbandhoneyberry
@rbandhoneyberry 4 күн бұрын
The firm I work for has migrated so many times! It's a headache. I'm trying to set up my own firm so that I never have to migrate. What do you have against Tax Dome? That's what my employer currently uses. It's not my favorite but seems fine. Thanks.
@DreamFirms
@DreamFirms 4 күн бұрын
Watch this video to find out what to do instead: kzbin.info/www/bejne/goaxoXiKlLN0d8U
@Mer-t9j
@Mer-t9j 6 күн бұрын
Keep posting Moré videos
@Mer-t9j
@Mer-t9j 6 күн бұрын
thanks bro
@DreamFirms
@DreamFirms 6 күн бұрын
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@DreamFirms
@DreamFirms 14 күн бұрын
To join our community, book your discovery call with the link below: Create Your Dream Firm: dreamfirms.co/cydf-application-youtube
@marshmellowlover89
@marshmellowlover89 19 күн бұрын
whats weong about the 15th and why didnt you explain that at the start
@DreamFirms
@DreamFirms 19 күн бұрын
Use this link to join Herve and build your dream accounting firm: dreamfirms.co/cydf-application-youtube
@DreamFirms
@DreamFirms 21 күн бұрын
Try this instead: kzbin.info/www/bejne/iGLWpJxmZ6emgrc
@same_name_guy3490
@same_name_guy3490 24 күн бұрын
Looks scripted
@DreamFirms
@DreamFirms 15 күн бұрын
a comliment to the speaker, i'll pass it along to her!
@kevindevargascpa7790
@kevindevargascpa7790 25 күн бұрын
I really like the thank you message! how can I do the same? l also Zofia great person!
@rbandhoneyberry
@rbandhoneyberry 26 күн бұрын
It never occurred to me that a firm *wouldn't* cover a penalty that was their fault. That just seems like basic ethics and business common sense to me.
@dmzwolle
@dmzwolle 27 күн бұрын
Former Big 4 tax partner here. Great stuff. Opening my own one person firm soon. I like extremes. Ha.
@DreamFirms
@DreamFirms 27 күн бұрын
oh man congrats on making partner and an even bigger congratulations when you start your own firm!!! You'll have one heck of a personal brand builder as 'former partner' and an amazing network for a jump start!
@DreamFirms
@DreamFirms 27 күн бұрын
Watch our video "The Best Way to Get Accounting Advisory Clients." kzbin.info/www/bejne/jmbYpHWbfdGlkLc
@DreamFirms
@DreamFirms 28 күн бұрын
Join Dolores and build your dream accounting firm inside the Create Your Dream Firm Program: dreamfirms.co/cydf-application-youtube
@DreamFirms
@DreamFirms 29 күн бұрын
Find the other 4 ways to rapidly grow your profits (yes, collecting the money you're owed is one of them) here: kzbin.info/www/bejne/Z4HOc3-tdtmZa5osi=5rdO5zl7a8RfBB1z
@rbandhoneyberry
@rbandhoneyberry Ай бұрын
I'm working on starting my own firm on the side right now. You only need a PTIN to do returns but if you want to help clients with tax problems to need a license. The Enrolled Agent license is enough and is a lot easier to get than a CPA. Oh, and PTIN stands for Paid Taxpreparer Identification Number.
@DreamFirms
@DreamFirms 27 күн бұрын
great points! Good luck on the new firm!
@jonathanmuntz433
@jonathanmuntz433 Ай бұрын
Great job Ty, keep crushing it man!!!!! So proud of you
@DreamFirms
@DreamFirms 27 күн бұрын
oh snap! the hawk will never die!!! DM me on LinkedIn dude!
@DreamFirms
@DreamFirms Ай бұрын
Find the other 4 ways to rapidly grow your profits here: kzbin.info/www/bejne/Z4HOc3-tdtmZa5osi=5rdO5zl7a8RfBB1z
@DreamFirms
@DreamFirms Ай бұрын
Use this link to join him in the Create Your Dream Firm Program Create Your Dream Firm: dreamfirms.co/cydf-application-youtube
@notarussianbot8157
@notarussianbot8157 Ай бұрын
Yeah let's here from them
@DreamFirms
@DreamFirms Ай бұрын
Absolutely! We'll book an interview with them ASAP!
@anthonyleo2869
@anthonyleo2869 Ай бұрын
Is “advisorary” a word? 🧐
@DreamFirms
@DreamFirms Ай бұрын
mouth works faster than brain at times 😂
@ChristianDykstra
@ChristianDykstra Ай бұрын
Subject interesting. Guy Lacklustre. Trainwreck. If I ever had to hang out with this guy in an elevator I would feel like once the platform arrived at my floor, I would walk out and feel like today was the day I escaped the end.
@DreamFirms
@DreamFirms Ай бұрын
Thanks for the oddest comment of my career 🫶
@DreamFirms
@DreamFirms Ай бұрын
Ready to join her and run your dream accounting firm? Use the link below to book your discovery call Create Your Dream Firm: dreamfirms.co/cydf-application-youtube
@smallbusinessmoneycoach
@smallbusinessmoneycoach Ай бұрын
See you next year in France…I love the sound of that!
@randyjoseph8145
@randyjoseph8145 Ай бұрын
I was in the Dreamfirms program with Enae. She's the smartest and the best and the hardest working person. I know the Dreamfirm program was incredible for both of our businesses. What we paid was a small fraction of our increased earnings even at first year and certainly overtime. just do it… You won't regret it.
@bruceclark8333
@bruceclark8333 Ай бұрын
100k in growth for a small CPA firm is astronomical under any circumstances . As someone who has helped over 4000 CPA’s grow their firms I know a thing or to about practice growth. Congratulations to both Alan and Tyler.
@DreamFirms
@DreamFirms Ай бұрын
Find out what we can do for you with a no-obligation discovery call: dreamfirms.co/cydf-application-youtube
@ahouse4630
@ahouse4630 Ай бұрын
I know this "value pricing" idea is trendy right now among some tax accountants. But clients often find the idea of taking a portion of their tax savings for your profit to be distasteful, and as a tax professional I agree. What if you go to the auto mechanic for an inspection and they find that your timing belt is frayed and about to break, and they say, it'll take me a an hour to replace the timing belt, but I'm saving you from having to spend $4k for a new engine if I hadn't caught that, so I'm going to charge you $2k to for an hour of work on it. Or even worse, like what some accountants say you should do, if he said when I was changing your oil I found an issue that will destroy your engine and cost you $4k, but I won't tell you what it is or how to fix it unless you pay me $2k, then I'll tell you what I saw. There's nothing unique about accounting that makes this type of pricing appropriate for accountants any more than it is for any other type of service. But I know there are some people who say they're getting rich off of charging clients this way and some clients are willing to put up with it out of fear, ignorance, or lack of better options. So if this is what you want to do, you do you.
@Jontellis
@Jontellis Ай бұрын
Very informative great energy!
@DreamFirms
@DreamFirms 2 ай бұрын
Click the link & get the formula to add $100K to your firm dreamfirms.co/cydf-application-youtube
@DreamFirms
@DreamFirms 2 ай бұрын
Q4 is a special time of year, and one of the best times to boost your profits. Watch the full video here to learn how to leverage Q4 and see a major profit boost... kzbin.info/www/bejne/rWPPe3WMfrechZY
@DreamFirms
@DreamFirms 2 ай бұрын
Watch the full video here for 6 other ways to add $10K here: kzbin.info/www/bejne/kGeXcqahntmdfqc
@Mer-t9j
@Mer-t9j 2 ай бұрын
Very helpful video
@NoeliaVelasquez-u3p
@NoeliaVelasquez-u3p 2 ай бұрын
Very helpful video
@DreamFirms
@DreamFirms 2 ай бұрын
Put the call that will change your life on your calendar: dreamfirms.co/cydf-application-youtube
@bruceclark8333
@bruceclark8333 2 ай бұрын
Great video and advice. This guy knows his stuff. I know he’s my son!!
@DemelashTadele
@DemelashTadele 2 ай бұрын
How we built
@DreamFirms
@DreamFirms 2 ай бұрын
There's a better (and less stressful) way to make more money... Watch the full video here to find out how to package this traditional service with what your clients actually need: kzbin.info/www/bejne/iGLWpJxmZ6emgrc
@DreamFirms
@DreamFirms 2 ай бұрын
The Best Way to get Accounting Advisory Clients: kzbin.info/www/bejne/jmbYpHWbfdGlkLc Create Your Dream Firm program: Create Your Dream Firm: dreamfirms.co/cydf-application-youtube Practice Ignitor Challenge: dreamfirms.co/coaching-ignitor The Proactive Accountants FB Group: facebook.com/groups/TheProactiveAccountants/v
@newagain9964
@newagain9964 2 ай бұрын
Ur all over the place with ur analysis (trying to cope). AICPA data is very clear. Less ppl are becoming CPAs. It’s pretty easy to see why if u look at about 5 metrics.
@techtexan2816
@techtexan2816 2 ай бұрын
Question. I am a data analyst. 28 considering a masters in accounting (bridge program) since my work is flexible. All this in order to eventually purchase a firm. My question is 2 fold. 1) how many years of experience should I have as a CPA before purchasing a firm. 2) is this beneficial financially? (Work pays for school so I’d only pay 7K out of pocket)
@Greg_Chase
@Greg_Chase 2 ай бұрын
Good stuff! One thing that became ESSENTIAL in our business: 1) have a 'working capital' account with enough money to pay all bills for 6 months to 1 year 2) if you have this working capital account, it is EASY to be selective about taking on clients. The first two years, we had this mindset "we're new, we gotta take everybody" After enough 'unexpected outcomes' occurred, the only way to not get a feeling of desperation in the pit of the stomach about our recurring monthly bills was - to build up the working capital account. My goodness, it was a blessing after that. Sustaining the working capital account has been vital over time and allows us to say 'no, we can't take that client' .
@DreamFirms
@DreamFirms 27 күн бұрын
No idea how I missed thi comment but spot on. I personally keep 90 days of OPEX on hand, but I can totally see 6 months being a good marker for a lot of firm owners given the cash fluctuations around tax deadlines. love all the points you made, especially the 'were new, we gotta take everyone' worry about making money first, worry about scaling and client selection first because you can keep your doors open.
@jimcolitsas2720
@jimcolitsas2720 3 ай бұрын
Would love that guide
@jellyrcw12
@jellyrcw12 3 ай бұрын
Great list! I'm excited to start my cpa firm. Already got my first client :)
@DreamFirms
@DreamFirms 27 күн бұрын
BOOOOOOM LET'S GO!!! First one is the hardest! How has it been since?!
@jellyrcw12
@jellyrcw12 3 ай бұрын
I'm a CPA with 5 years of experience, looking to break out on my own as a side hustle now that I'm working a government job. Still trying to find my niche but I'd really love to help people just starting out with their own small businesses to help them figure out pricing, how to market themselves, etc
@DreamFirms
@DreamFirms 27 күн бұрын
Don't worry too much about a niche in the beginning, just stay focused on what you said, helping people and the niche will become clear over a short period of time! You got this!!!
@jellyrcw12
@jellyrcw12 3 ай бұрын
I'm starting my own cpa firm. Just got my PTIN, waiting on EFIN. I'm going to start a super chill government job that will give me time to focus on my side practice.
@DreamFirms
@DreamFirms 27 күн бұрын
Nice!!! I'm a big fan of the side hustle utnil it makes economic sense. No need to take the plunge unless your situation demands it.
@Adventure-CPA
@Adventure-CPA 3 ай бұрын
I'm only 2 minutes in but have to throw in an early comment. II have wanted to be a motivational speaker since childhood. I can't believe that I found another CPA that also wants to do motivational speaking. That's incredible!
@Adventure-CPA
@Adventure-CPA 3 ай бұрын
I'm watching this 4 years later and my first thought was, "Why is Tyler in a T-shirt? He never wears just a T-shirt." Point proven.
@Essays4College
@Essays4College 3 ай бұрын
28:38 Big, BIG respect to you for that. Too many CPAs throw other accountants under the bus to make themselves look good.