You can check with community colleges or other colleges and universities in your area to get started. Or, you may be able to find a job teaching an online course that would allow you to work from home. Podcasting is another option for those who want to start their own side hustle. And like starting a blog or YouTube channel, it can be done on just about any topic, although it would make sense to use your accounting expertise.
How many hours should I expect to commit to a tax preparer side gig?
That said, your hours are flexible as long as you get things done on time. Long-term contractors will take on additional journal entry tasks, provide client support, and work on process improvement for each client served. Backyard Bookkeeper is a cloud-based bookkeeping firm serving a variety of industries, although it places an emphasis on law firms.
FAQs about doing bookkeeping as a side hustle
Your career has equipped you with a set of valuable skills, and there are lots of part-time work opportunities that will take advantage of them. We’ve listed the highlights here—check them out to see if any of them interests you. You can sign up on food delivery apps like Uber Eats and Postmates, or package delivery services like GoShare to start earning right away. Acting as a Notary Public is one of the many services that you can add as a side hustle to help you bring in extra income. There’s huge potential to earn more money in this side hustle during tax season, especially if you are a CPA or CGA who can deal with complicated tax issues.
Use your bookkeeping expertise to help people
Most likely you’ll be using your regular cell phone as your business phone, so it’s used half the time for business, and half the time for personal matters. The most expensive thing I could think of that bookkeepers need to spend is on QuickBooks software, which is a cornerstone of your bookkeeping business. You can charge your client for their subscription, but I personally like to add it into their bookkeeping plan with me. For this bookkeeper, I have her working half time, or about 20 hours a week.
- Supporting Strategies offers part-time employment to candidates with fairly flexible hours.
- I’m estimating this bookkeeper spends $600 on a computer every two years, which breaks down to about $25 a month.
- Some accountants’ responsibilities include bookkeeping, which consists of recording day-to-day financial transactions, invoicing, and payroll processing.
- Accountants must be detail-oriented and have strong analytical skills.
- As an accountant, you can create strategies to help different types of people manage their money better and organize workshops to help them make a positive change in their finances.
- You can then find ways to create simplified tutorials to answer some of the most common questions people have when using the software.
Beyond the PTIN, be aware that some states also regulate paid tax preparers with additional licensing or education requirements. The IRS also offers a voluntary Annual Filing Season Program (AFSP) for noncredentialed tax preparers. Completing it each year provides continuing education, reinforces your tax knowledge, and earns you a spot in the IRS public directory. It’s a simple way to boost credibility and stand out in a competitive market. Starting a tax preparer side hustle can be a great entry point AI in Accounting into finance for beginners or a smart way for experienced pros to earn extra income. You don’t need a formal degree to start, and the skills you gain can translate into other career opportunities.
- As an accountant, you have a lot of knowledge and experience in math and finance.
- Discover the average hourly and yearly pay for accountants and auditors across the U.S., and what you can do to earn more in the field of accounting.
- If you’re ready to begin, explore Intuit tax preparer roles and see how you can start working with the tools and support of an expert team.
- Our ranking methodologies use data from the National Center for Education Statistics, education providers, and reputable educational and professional organizations.
- Employers will often test your typing skills during the application process and may require you to be proficient in using Microsoft Excel and Access or a similar software suite.
- Candidates with master’s degrees in accounting or related fields typically earn 10-15% more than those with bachelor’s degrees alone.
- With your accounting background, a bookkeeping side hustle is worth a look.
Accountant Duties
If you’re ready to begin, explore Intuit tax preparer roles and see how you can start working with the tools and support of an expert team. Apply now to take the first step toward building your tax preparation career. Entry-level accountants can expect fixed assets competitive starting salaries that vary significantly based on education, location, and industry. Recent graduates with bachelor’s degrees in accounting typically begin their careers in positions such as staff accountant, junior auditor, or accounting clerk roles. While larger enterprises can afford to pay professionals for their accounting, paying an accountant might be out of your budget.
Getting started in tax prep is more approachable than you might think, but it does take a few deliberate steps. Each one helps you build the knowledge and confidence you’ll need to support clients successfully. These industries generally provide specialized services to clients that do not employ bookkeepers internally. In 2020, they combined to account for more than 11.5% of all bookkeeping, accounting, and auditing clerks working in the United States. However, master’s degrees in accounting are usually designed for professionals in more advanced or technical positions. You’ll be able to work from home and fewer hours at times you choose while earning enough to put more food on the table.
Another excellent accounting side hustle is to offer bookkeeping services. This can be a great way to make money while helping small businesses manage their finances. Whether you’re just starting your accounting career or an experienced Certified Public Accountant, you can do some excellent side jobs for extra money.
Unfortunately, only Utah residents will be considered for openings at the time of writing. Firms like Belay that offer remote work in various fields can also connect you to remote bookkeeping opportunities. Belay, in particular, offers both freelancing and corporate openings for its clients. part time accounting The company prefers but doesn’t require bachelor’s degrees, but they ask for some past experience.
