Is the Tax Profession Still PROFITABLE? How My Tax Season Went

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  • Опубліковано 5 лис 2024

КОМЕНТАРІ • 13

  • @NoelLorenzanaCPA
    @NoelLorenzanaCPA  5 місяців тому +7

    I should have also mentioned in the video is implementing 'extreme efficiency' procedures, many of which I learned from my friend and mentor, Joe Cass.
    BTW, check out TaxDome here: taxdome.com/?fpr=noel4

  • @ZenNLee-qd3gl
    @ZenNLee-qd3gl 5 місяців тому +3

    Great video as usual 🎉

  • @richbazebo8074
    @richbazebo8074 5 місяців тому +2

    Great to hear you did well. You deserve it!

  • @Baiyoubai
    @Baiyoubai 5 місяців тому +1

    This is a great reference video for my daughter as she is considering becoming tax professional. Would you mind sharing the current expected salary ranges for different types of tax professionals? I understand it depends a lot on where you are, your experience, etc., but some ballpark ranges would be fine. THANKS!

    • @NoelLorenzanaCPA
      @NoelLorenzanaCPA  5 місяців тому +2

      I'm glad you found the video helpful for your daughter! Salary ranges for tax professionals can vary a lot depending on location, experience, and specialization, but I can give you some general ballpark figures:
      - Entry-Level Tax Preparer: Around $30,000 - $50,000 per year.
      - Mid-Level Tax Professional (3-5 years exp): Typically $50,000 - $80,000 per year.
      - Senior Tax Advisor/Manager: Usually $80,000 - $120,000 per year.
      - Tax Directors/Executives: Often $120,000 - $200,000+ per year.
      These numbers are just approximations, but I hope they give you a better idea! Best of luck to your daughter as she explores the tax profession!

  • @ZiadAhmed-v3g
    @ZiadAhmed-v3g 5 місяців тому +1

    I look up to you sir and want to be like you one day

  • @ZiadAhmed-v3g
    @ZiadAhmed-v3g 5 місяців тому +1

    Can you deduct use of home office expense if you used it exclusively for tax prep?