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Updated over 10 years ago on . Most recent reply presented by

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174
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Jim Workman
  • Investor
  • La Crescenta, CA
50
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174
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Should I confront my CPA?

Jim Workman
  • Investor
  • La Crescenta, CA
Posted

Last year, I switched to a very real-estate-savvy CPA in old (as in old money) Pasadena. I sent him my 11 HUD statements for this year, and I asked if someone in his office could help me enter one of them into my new Quick Books program. Then I could do the others and send in the QB file. He said "No, just let his people set it up." Now I got a bunch of Excel analyses which were imported into Quick Books and a bill for $2400. So I didn't save on my CPA bill, I didn't learn how to use QB, and I still have to complete all of my other expenses. (So there will be follow-up bill.)

Does this seem like an excessive bill or am I being too cheapskate?

Most Popular Reply

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80
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74
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Nathaniel Busch
  • Certified Public Accountant
  • Columbus, OH
74
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80
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Nathaniel Busch
  • Certified Public Accountant
  • Columbus, OH
Replied

This is pocket lining, in my opinion. 

Find a CPA that is willing to empower his clients. Nothing wrong with having his staff do the first one for $100 and leaving you a template to do the rest. 

A CPA that helps his clients grow on the front end, in exchange for billing less, is rewarded with a larger (and happier) client down the road. 

Loyalty to your clients is everything.

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