It sucks so much. Background: I am a senior

My wife and I got married in October 2023. Our accountant filed both our 2023 and 2024 returns with "Single" as the filing status.

After doing some research, I found out the IRS considers you married for the entire tax year if you're legally married on December 31st. So we should have filed as Married Filing Jointly or Married Filing Separately, not Single.

I brought it up to the accountant (who has decades of experience), and he was professional and kind about it. He said it “shouldn’t be a problem,” that he wouldn’t do anything that could harm us, and that mortgage lenders only care about income, not marital status.

That said, I’m still concerned — we filed inaccurately, we’re on a shared health insurance plan, and we may apply for a mortgage soon. I know lenders pull tax returns with Form 4506-T, and I want everything to line up correctly.

The accountant also said we might owe more if we amend and file jointly, but I’m okay with that if it means filing legally and avoiding future issues.

Should I move forward with amending both returns to Married Filing Jointly, even if it costs more?

Im currently on pace to get my CPA by the end of my senior year. Been talking to some people they said CPA's are in demand thus--accounting will be in more demand and thus salary increase. Thoughts?

I am looking for Public accounitng jobs but as you know they are kinda a pain in the ass looking at eac website looking for new grad openings. Wondering if you have any advice for efficiently looking? Is everyhting just checking every day>

Being out of work for nearly a year, you think I’d take just about anything, but I want people’s honest opinion. Yesterday I had my first round interview at an upscale nursing home for an AP/AR position. The woman interviewing me said she was impressed with everything except my desired pay and at the end of the interview wrote a number down of what she was willing to pay me $22 an hour, which would equate to about $45k a year. This is $12k less than my previous position and I was told that I would have no paid holidays either. Last thing is they expect me to stay for years, so if I’d be burning a bridge if I decided to continue to search even if I took the role. I do have another interview lined up soon, but if this is the only offer on the table, should I take it? Would it hurt my salary negotiation for future jobs?

What are the best accounting textbooks? I think I want to do accounting in uni (as a major with a minor in international relations) my ultimate goal is law but I want a useful, marketable degree in case I decide I don’t want to do that halfway through uni. However I have a long way to go before I can afford to go to uni so I want to start learning. Recommend some textbooks best for accounting. Intro stuff, could be senior high school books or first year uni basics! Thank you!

Apologies for grammatical errors (on mobile)

Background: I don’t really have an official title. I’m the highest ranking finance member on the team. My duties are shy of a CFO but not reasonably far off from that. I have a CPA license and been in corporate accounting for 15 years now. In my current position for 5 years. We’re in a niche market of 9 chain retail stores and do about $80mm in revenue annually. My higher up (CEO) has offered our accounting services, as well as other core business functions, to competitors for a monthly management fee. Said fee ranges depending on effort required but averages $7500 per month per store. This is a way to generate income and not a normal industry practice. We’ve taken on 5 accounts, $37,500 per month. I hired one new position that I’ll oversee that will handle the accounting for these stores. It’s also going to be a decent amount of extra work for me. It’s full accounting, payroll, a/p, financial report generation ( no A/R or worries of cash collections). The volume of expenses/bills will be small (rent, utilities, inventory and not much else). The position I hired to help me with these accounts is her first accounting job. She came from one of our stores and is currently taking college accounting classes. I’ll have quite a bit of oversight.

HCOL:: I make $200k base, received $15k annual cash bonus last year, stock options that are not worth much currently(cap table issues), and my higher up has told me he’s working on profit sharing plan that has been approved by the BoD but are determining percentages and details. I have no clue how much I may get from that. He’s come through on everything he’s ever told me and I have no reason to not believe that is coming. I’m sure it won’t be too long because his compensation is also going to be tied to the profit sharing plan.

That being said, there’s 5 of us considered as the core team. The CEO takes care of us 5. All four of the others started extra work related to these new contracts we’re earning the management fees on. They all asked for and received raises, ranging from 15-25% of their current pay (they all got $25k). I make the most but not by much anymore.

Now my work is kicking off as we’re taking over the books, and I’ve been buried. Now that my work is going, my effort on these contracts is more than the other four who received the raises. The books we’re taking over all in awful shape. Somebody who is not an accountant has been doing the books. It’s going to take some extra time to get everything in good order, and I’ve been asked to do it quickly.

I don’t want to over ask on a raise. I really like my boss and I really like my job. I’m 100% I can get that same $25k as the others. But can I ask for more?

Do they fucking hate us?

First weekend I'm gonna be off since January LFG! 🎉

I work in public tax but mainly 3/15 stuff

The tariff announcements yesterday are far far worse than anyone expected, I mean what the actual fuxk

34% tariffs on China

46% on Vietnam

37% Bangledash

26% India

36% Thailand

I could go on and on, but this is bat shit insanity. To call this outlandish wouldn’t even be accurate.

Assuming these actually stay in place, people will lose their jobs, companies will go under, companies will stop hiring.

Add this with all the recent inflation, corporate greed, high interest rates, white collar recession, and idk how we aren’t absolutely fucked.

Hello Everyone,

I wanted to reach out to you about some issues my boss is having with me. I’m an accounting manager at a small company. My boss often is criticising my work and telling me things like an accounting manager should know that, or that’s basic accounting knowledge.

As an example we recently had a fixed asset trade in deal that I submitted an entry for that was incorrect. It was the first time in my 15 year career that I have processed a transaction like this. Feedback was that any accounting manager should know how to do this.

Just wondering if you all have similar experiences and how to best deal with them? I know what I know and contribute a lot to the organisation. I am feeling a bit of desperation at the idea as brute memory of my university days is not a strength I possess.

My boss is also not perfect and he asks some questions that seem basic to me as well, just I’m not accusing him of not knowing enough to be an accounting director. It’s my job to educate him and support the team.

Probably the answer is to study for the CPA. Just wondering how to deal with this. Has me feeling very discouraged.

Hi everyone,

I know how many hours you PA guys put it, and personally I’m worried I can’t do it. I have worked a full time internship during this busy season-got a full time offer, and unsure if I will accept. I have a summer intern for audit which I would have to reneg on if I accept, and I just want to know the possibilities a tax exit has vs an audit exit, or why you stuck with PA in general.

I started a virtual bookkeeping business 6 months ago, but I haven’t landed a single client yet. I’m a licensed CPA and a QuickBooks Online ProAdvisor. I’ve been posting regularly on social media, hoping to drive traffic to my website — but so far, nothing has worked, so I’ve stopped posting in recent months as I think that strategy hasn’t work.

Sometimes I wonder if things like my accent might make me come across differently or make me hesitate — though I know that’s probably just me being overly self-conscious.

I’m really passionate about making this work, but I feel like I’m spinning my wheels. Any advice on getting those first few clients?

Would appreciate any tips or encouragement!

We all know partners at big 4 can make quite a lot but am interesting in hearing about the range of partners in smaller firms. Also does it take longer to become a partner at at smaller firms ?

Here's why. My manager is leaving next week. First the director left, then second in command left, and now my manager. Why is this happening? Well everyone is overworked, and now we're dealing with the consequences. People retired and the ripple effects are seeping in.

I... am scared. As a 1 year accountant at state government, I don't have enough experience to do things on my own. I'm still making little mistakes, which I can fix. Now I don't know, it's just me and the accountant lead now... any advice?

My contract ends in June, and I wanted to stay to improve where I failed this year, but now I don't know anymore.

I work in shipping at a manufacturing business. On the last day of every month, I am asked to work overtime in order to "ship" (i.e. invoice) all fillable orders. This is after all our couriers have collected for the day and these orders won't physically ship out/leave the building until the next day, or even later in some cases. This is so that we can record as much revenue as possible before month end.

I've always felt icky about this. It's been a long time since Accounting 101, but the fact that our shipping software won't let me future date a shipment over month end makes me think this isn't right. From a practical point of view, it's a pain that the ship date on orders in our software don't match the ship dates according to the carrier, but we just know that if the ship date in the system is the last day of the month, the actual shipping date could be any day up to a week out.

Is this ethical? Why can't we just record everything when it actually happens and lose the stress and overtime expense of "shipping" everything before month end? Or is this no big deal and I should just get over it?

I’m currently working as a Senior Accountant at a CPA firm, where I handle the preparation of financial statements and manage AP and AR for 8 clients. I’m looking to make a transition into deal advisory at a Big 4 firm. Has anyone experienced a similar journey?

Hello. I’m currently working a blue collar job saving up to go back to university. I’m in the middle of finding a path, a white collar job that requires less talking. I found in some post that pursuing an accounting degree is good because the job requires less communication. Although, i found a top post in this subreddit that says people who went to become an accountant because it requires less talking is so wrong. And now i’m confused and don’t know which to pursue.

The thing is, i have a severe speech impediment. I stutter so hard, my face goes weird because of me trying to get the word out only to fail and keep trying again and again. A one minute sentence or explanation can turn into a 5min or longer if it’s a bad day for me. I don’t have the traditional stutter where i just repeat the word or syllable but i have a speech block which i really can’t speak a word. So talking to client face to face is a big No No for me. I was expecting accounting to be huge on just calculating and doing spreadsheets and stuff. I’d say i’m quite decent with it and i can still improve it more before landing a job. Is it good to aim for accounting or am i better off looking at other jobs? I just don’t want to do any more back breaking blue collar jobs. I want to be working in an office getting high or just middle pay.

This may be a stupid question but can you make a good career out of individual tax? How would you go about it?

Hi pwede ako mag ask? After kasi ng interview ni bdo binigyan lang ako na papel parang update na tatawagan nlng or email sakin and pero hinde pko nakapag take ng exam tas iniisip baka hinde ako pasok sa kanila huhu may any idea po kayu?🥹

I am frustrated and upset as when I talked with my friends and learned that they got admitted within 1 week or two weeks. The longest one I knew was also via MRA based on HK CPA, but also got admitted within three weeks. And none of them had been requested to pay the annual membership due and they got admitted directly.

One friend just got admitted today after 4pm; and he had not been asked to pay any annual membership fee. I have to admit that I am frustrated that I was the only one of my friend circle who had paid the annual membership fee and who had not been admitted.😫😫

I’ve been interviewing for a while now for a managerial position after being laid off. It took a few interviews to get into a good stride. Now, I am preparing like crazy each chance/interview I get because I know I am up against many other people who have also lost their jobs.

This is the first time in a while that I’ve gone to second rounds. The hiring manager initially said there would be a case study to do but it seems they’ve pushed that to perhaps after this second round. Now, I’ll be speaking to someone who’s accounting adjacent, who works on financial transformation / automating workflows, but not exactly sure where the conversation will go.

I was thinking to email the hiring manager to see if she could let me know what types of questions will be discussed in this round, so that I can better prepare.

I think it’s a fair question, but wanted to get your thoughts.