The Amazing Benefits of Becoming a Freelance Accountant

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As of 2020, over 59 million people just in America are freelancers. After the pandemic hit, even more people hung up their 9-5 hats in favor of freelancing.

What’s great about going freelance is there’s a wide variety of opportunities out there. In fact, you can even become a freelance accountant!

If you’re interested in becoming a freelance CPA, then read on. Here are the benefits you can get from this career path.

There’s More Flexibility

One of the most obvious benefits of being a freelance accountant is you have a lot more flexibility. Instead of commuting to work and being there for 8+ hours a day, you get to work from home.

Not only that, but you don’t have to work 8 straight hours in a row either. You can work 4 hours in 2-hour chunks on one day, while you work 8 hours in 4-hour chunks on another. Or you can choose not to work on certain days, or you can work on weekends if that’s what you prefer.

This makes it ideal for those who have a busy home life. If you’ve got a fussy toddler, you can schedule work around their needs so you still make a healthy income.

Freelancing is also more flexible because you can work from anywhere with an internet connection. So you can travel the world while still making money!

Also read: How to open an American business bank account?

You’re Your Own Boss

On that note, you have no one to answer to but yourself. You still might have to work with fussy clients, but it’s up to you if you want to continue with them or not.

Because you get to make the decisions on keeping or cutting clients, this can decrease a lot of stress.

The Pay’s Higher

It’s true that freelancing won’t give you a stable paycheck like regular accountant jobs do. But to make up for it, your pay will be a lot higher.

Once you’ve built up a good client base through platforms like https://www.taxfyle.com/freelance-cpa-jobs, you’ll have steady income at a much higher rate. You’ll get to set your own rates, instead of depending on an employer and asking for raises that aren’t always granted.

There’s a Huge Demand

Many larger businesses will hire firms for their accounting needs. But considering that the overwhelming majority of businesses in America are small ones, they just can’t afford to hire these big firms.

SMEs will look to freelance accountants since their prices are better suited for their small budgets. As a result, there are plenty of freelance CPA jobs out there. You won’t have to worry about a lack of opportunities.

Also read: Best sites for students

Become a Freelance Accountant Today

As you can see, being a freelance accountant comes with many perks. You’re your own boss, the hours (and where you do work) are flexible, there are plenty of jobs, and the pay’s higher.

While it can be daunting to set out on your own, a freelance accountant career might be just what you need to improve your quality of life!

To get more freelancing tips, check out our other blog posts.

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