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February 6, 2025 28 mins

In this insightful episode of Business & Beyond, I sit down with Steven Parker, Managing Partner of Tycoon House Accounting, to discuss his journey into entrepreneurship and the world of accounting. Steven shares what it takes to launch and grow an accounting practice, his specialization in construction and housing accounting, and the key differences between CPA (Chartered Professional Accountant) and CA (Chartered Accountant) credentials.

We dive into the process of becoming a CPA, the benefits and challenges of incorporating a business, and strategic tax planning to maximize financial success. Steven also provides expert insights into the housing market, debunking common tax myths and offering practical advice for both homeowners and business owners.

As Tycoon House continues to grow, Steven shares his vision for the future, his approach to pricing and client services, and how he builds lasting trust with his clients. Whether you’re an entrepreneur, real estate investor, or aspiring accountant, this episode is packed with valuable takeaways to help you navigate the world of finance, taxation, and business growth. 

Don’t miss this must-listen episode—hit play now and get expert insights from one of the best in the industry!

Chapters:

0:00 - Introduction

0:33 - Who is Steven Parker?

3:06 - The Journey to Starting an Accounting Practice

5:37 - Specialization in Construction and Housing Accounting

8:23 - Understanding CPA and CA Credentials 

10:54 - The Process of Becoming a CPA

13:34 - Incorporation: Benefits and Considerations

16:06 - Vision for Tycoon House and the Housing Market

18:52 - Tax Strategies and Common Myths

21:37 - Transitioning Clients and Building Trust

23:57 - Unique Services and Pricing Structure

26:46 - Advice for Aspiring Accountants and Business Owners

Do you know someone who would be a great fit on the podcast? Reach me at Bryan@thefinancialcollective.ca

Socials:

Instagram: @MortgageGuyBryan

TikTok: @MortgageGuyBry

Facebook: @MortgageGuyBry

LinkedIn: Bryan Braga

Steven Parker's Socials:

Instagram: @tycoonhousecpa

LinkedIn: Steven Parker

If you made it this far, why not leave a follow!

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