The Home Services & Construction Bookkeeping Guy • Former Window Cleaning Biz Owner (2x) & CFO • We Do Job Costing
Joined August 2019
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Ok Tax Twitter, here are answers to how our tax service will work and what we are looking for in more detail
Here's the rundown:
Our firm will
- Only work with clients we do the bookkeeping for
- Only do S-Corp and Single Member LLC business filings. Assume Busines+ Personal for these
- Own all client communication
Sign clients for tax services (probably 20-40)
- Chase down intake forms and set up documents (Standford Tax)
- Own the tax software (Drake)
- Prepare all documentation for the clients in Drake
- Quality Control a first draft of the tax filings in Drake (members of our team have previously been tax managers at other firms, so we can get it to the QC stage) to tee it up for the Tax Filer
We are looking for
- Someone to help trial this out and build our Version 1 System.
Aka, consulting fee for setup help. (2 hours of validating our plan)
- A Tax Manager to review the final information in Drake after our team has tee'd up the QC'd return
- A Tax Manager to e-file with their tax filer ID once the client has paid and signed their agreement (Paid per return)
Rates
This is the big part I do not know right now. We are planning to charge our clients somehting like:
S-Corp + Personal - $2,000
Single Member LLC + Personal - $1,250
Clients are all over the United States
….if this is appealing to you, please DM me! We’re gonna have 20 folks signed up a week after we launch in November so we’re hoping to have a partner join us in the next 3-4 weeks
Ben - Home Services Financial Support retweeted
Fucking incredible
Through the VOICE trial, Terry is using his Neuralink implant to help fine-tune a brain-to-voice interface for himself and others who can’t speak. He trained the algorithm first by miming speech as best he could, then by simply thinking the words and hearing them come out in his own natural voice.
Powered by Grok Voice from @spacexai
Tax twitter - we have an opening!
Need someone who wants to help us launch our tax division. This year it’s as many as we can do, next year will be the real deal.
What you’ll do - help us take clients from post bookkeeping to tax filing.
What you won’t do - follow up with clients a bajillion times, fill out easy forms, do annoying little stuff.
We are going to tee you up with a 90% complete return, and it should take about 75% less time than a return you’d do without help.
If interested in talking lmk!
Daily routine as a 500k/year founder with 3 kids under 5
6am - wake up, pray I get 10 minutes alone
6:09 - oldest wakes up
6:10-6:50 - practice biking with oldest who just woke up, two laps around the block
6:50: walk back in house, assign oldest with waking up everyone else, pound first coffee
6:50-7:30 - cook breakfast for 5 and make lunch for preschoolers
7:30-8 - maybe shower. Maybe
8-8:30 - commute to preschool
8:30-8:45 - commute to office
8:45-9 - coffee 2
9-2:30 - hammer time
2:30-3: back to preschool
3-9: keep kids alive, cook dinner or/and activities with kiddos / hang with kids / bed time /
9+ - god willing asleep
Between 9p-6a - wake up 3 times to assuage kids back to sleep
Repeat M-Fri, insert mighty pups movie Saturday + donut store bike adventure Sunday morning.
Living the dream.
My daily routine as a $65M/Year CEO.
6:45 AM / Wake up + Shower + Coffee
7:10 AM / Drag the first kid out of bed
7:40 AM / Walk kid to school
7:55 AM / Drag second kid out of bed
8:00 AM / Go to work
8:20 AM / Coffee 2 at coffee shop.
8:40 AM / Work.
5:00 PM / go home, keep children alive.
To be super clear no shade on @andywalkerhq or @MediaKing at all! Both guys are beasts. Was just fun to write it out and contribute to the theme when thinking about today
Stair step pricing - we do it to help new owner operators get what they need without breaking the bank
Making content thus far, has essentially just been talking to the camera about thoughts I’d have anyway about our business, clients, cool stuff.
I’ll do some planned educational stuff later on YouTube, but short form social has been not that bad!
@AlexLathery saw your post about winter, I was having the same thought yesterday. Thought you might find this interesting
Here’s the link to that interview with Tommy and the mfm team
youtu.be/oEXoY3B1-Hw?si=hlnZ…
Starting Send it September, getting our content going, any feedback or things you’d want us to cover lmk!
Thanks and shout out to @landforce for the cut30 bootcamp. I’m not even in the current one I signed up in January but now I have some time to do it.
Helpful content to come back to - thanks to you guys!