You are viewing a single comment's thread from:

RE: Crypto nutbag

in LeoFinance2 years ago

It's interesting that you need a personal accountant in the part of the world where you live. It's something here, but you need to have a lot of money to need one, so, it's not so common to find people making do of them here. Accountants are simply expected to find banking jobs over here.

However, you've stressed the importance of financial intelligence and at least having residual knowledge (or even deeper) in all things. If you hadn't understood what was involved and built performance expectations/yardstick around it, it would have been hard to figure out when a change was needed.

It's good you're trying someone new, however, crypto seems too hard for most people, and trying to get someone who understands the in-and-outs of crypto-related accounting would be a blessing.

Sort:  

Oh really? I didn't know that it wasn't common practice there.

For me there's some complication, Trusts, a Company, my own personal income and various other elements and getting something wrong will go badly for me; it's safer to have a professional to act as a buffer between me and the ATO.

I think it was my best option to get a new accounting firm and moving forward it should pay dividends. I'm not one to gamble with my financial position, I've been poor and don't want to be again, so I work hard and have professionals around me and make better decisions because of it.

That's a nice one. You're doing good for yourself and I heartily commend your efforts.