rawlito OP t1_iuhzfty wrote on October 31, 2022 at 2:06 PM

Reply to comment by finite_jest_ in Selling my half of a small startup and need advice on what to do with the cash? by rawlito

Thanks for this.

I’ll be on the hunt for an accountant :) and checking out MrMoneyMoustach… didn’t even know this existed 😬

finite_jest_ t1_iui83ev wrote on October 31, 2022 at 3:07 PM

Here's the link: Meet Mr Money Mustache

With accountants, it would be could to talk to 2 or 3. You want her to be competent, but you also want someone who you feel comfortable with.

I once had an accountant who was "too creative" for my comfort level, who pushed business and personal deductions for a home mortgage that added up to 110% of the actual cost. I found someone else by asking a friend who ran a small business. That relationship has lasted many years.

It may be good strategy to not lead with I just got a $800k windfall when you ask about fees. Perhaps say you need someone to do your business tax returns.

Also, start reading the /r/PersonalFinance Wiki. Getting that much money in a windfall you owe it to yourself to educate yourself on investing. Check out Windfall Wiki.

rawlito OP t1_iuk5bu4 wrote on October 31, 2022 at 11:06 PM

Thank you, for the advice and pointing me in the right direction, appreciate it.