Are there any people out there that like numbers? I have to tell you the truth. I struggled with accounting classes in college. I’m usually very good with numbers, but for some reason, I had a tough time with it. According to salary.com, the median salary for accountants is $67,190. While that’s a decent amount
According to salary.com, the median salary for accountants is $67,190. While that’s a decent amount for a lot of people, it may not be enough for those people that have over $100,000 in debt. Today, I want to go over five ways an accountant could make extra money.
Today, I want to go over five ways an accountant could make extra money.
Bookkeeping is the first side hustle that accountants can do. You may be wondering what exactly a bookkeeper does. Their job is to document and record businesses transactions. Bookkeepers should be organized and know different procedures. A bookkeeper’s responsibilities will vary by business.
As an accountant, you can do some bookkeeping on the side for various clients. As long as you meet deadlines, you can do this side hustle whenever you have some free time. Craigslist is a place that you should start at when looking for opportunities.
Raise your hands if you like doing your taxes. I’m not sure if anyone of you reading raised yours. Taxes can be a pain in the you-know-what. There are a lot of things that can go wrong when filing. You could put the wrong number in the wrong box, or you could forget to write something off. This happens to a lot of people.
As an accountant, one of your responsibilities may be to make sure that your employer’s taxes are filed on time. You can prepare taxes on the side. Many people don’t want to take the time to do the taxes themselves. You could do pretty well with this side hustle during the first quarter of the year. There are millions of people who have to get their taxes done before the deadline each year. Start promoting your service in January to ensure that you get a lot of clients.
Accountants know a lot of stuff that most of the general public doesn’t when it comes to numbers. Another way to monetize that is to create a “how to” guide. One example of this could be with taxes. Even though many people don’t like doing their taxes, they do want to learn how to do them. Creating a how to file taxes guide could help them learn more about taxes. It will also put some more money into your pocket. There are other topics besides taxes that you can write about as well. With today’s technology, you can create a good how to guide within a couple of days.
Creating a how to file taxes guide could help them learn more about taxes. It will also put some more money into your pocket. There are other topics besides taxes that you can write about as well. With today’s technology, you can create a good how to guide within a couple of days.
Consulting is the fourth side hustle for accountants. The work could over a wide range of things including bookkeeping and taxes which were discussed earlier. You may end up just doing minor work for the client too. It depends on who needs your services and what they want you to do.
The final side hustle for accountants is auditing; clients need people to review the monetary resources. One thing that you will do when auditing your clients is checking for fraud. You will also confirm accounts receivables and other accounts with a third party.
As you’ve just read there are different side hustles for accountants. If you want to make some extra money, make sure that you try one of these ways out.