Freelance CPA

  • Creator
    Topic
  • #188356
    mgnyc
    Participant

    Can I be a Freelance CPA without starting my own firm?

    Aud 73, 79
    Reg 70, 60, 67, 76
    Far 70, 66, 72, 87
    Bec 77

Viewing 6 replies - 1 through 6 (of 6 total)
  • Author
    Replies
  • #612176
    Anonymous
    Inactive

    That's probably a question for your state board of accountancy.

    #612177
    Gatorbates
    Participant

    I'd probably say yes, but it would be Schedule C, subjecting you to SE tax.

    Licensed Florida CPA:
    B: 71, 73, 79
    A: 83
    R: 78 (expired), 77
    F: 74, 74, 80

    It's finally freaking over.

    #612178
    mhueycpa
    Participant

    What is a freelance CPA without a firm? The firm is John Doe, CPA. As Gator stated, any income/expenses would then be reported on Schedule C. Even if you started a single member LLC, if would still go on Schedule C.

    THE 300 CLUB WILL DO JUST FINE!

    #612179
    mgnyc
    Participant

    @mhueycpa Does the single member LLC have to be formed in the state you are licensed?

    ie John Doe CPA licensed in PA, LLC in DE?

    Aud 73, 79
    Reg 70, 60, 67, 76
    Far 70, 66, 72, 87
    Bec 77

    #612180
    mhueycpa
    Participant

    Not an expert in business formation. But, no doesn't have to be the same. Remember certain activities performed by CPAs are protected by the corporate veil, so forming an LLC serves only limited purposes in our profession.

    THE 300 CLUB WILL DO JUST FINE!

    #612181
    taxwave8, EA, CPA
    Participant

    Yes. I work for several CPA/CGA/CA firms and they pay my LLC

Viewing 6 replies - 1 through 6 (of 6 total)
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