> > 29 Best Side Hustles For Accountants In 2024

29 Best Side Hustles For Accountants In 2024

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Even if you slept through American history class, you’ve probably heard Ben Franklin’s famous quote that, “In this world, nothing is certain except death and taxes.” By this logic, morticians and accountants have the “safest” professions on earth. So, it may seem odd for tax collectors to seek out extra sources of income

Although research suggests the average annual salary for accountants is around $62,000 to $65,000, many accountants go into debt to obtain their licenses. For instance, the Education Data Initiative suggests the average debt for a BA in accounting is $24,000. Therefore, accountants could probably use some extra money to help with daily expenses, pay down debt, or make investments. 

Luckily, since accounting is such an in-demand skill, there are many ways for people in this profession to make side cash. Check out the most popular side hustles in accounting to maximize your earnings potential. 

Side Hustles To Keep You In Accounting

Most individuals and businesses sleep better at night knowing a professional accountant took care of their taxes, so accountants have plenty of opportunities to use their knowledge for extra money. If you have the all-clear from your primary employer, consider using your accounting skills for side income. 

1. Do Accounting Work On The Side 

The most straightforward way to earn side money as an accountant is to offer professional expertise to individuals or businesses. As long as there’s no conflict of interest with your primary employer, you can take on accounting side hustles to earn side cash from clients.

If you don’t mind adding more financial files to your workload, consider putting your accounting accreditations to good use by helping entrepreneurs, organizations, or families. 

Pay: There’s no set amount for how much accountants make from side hustles, but the US Bureau of Labor Statistics suggests the average hourly rate for accountants is $37.50. While this average rate could fluctuate depending on your state, your client’s requirements, and your experience, expect an average rate in this $35 – $40 range.   

How to Get Started: You can find many accounting side gigs on sites like Fiverr or Upwork, but a few platforms are more tailored for this profession.

For instance, you could sign up for Accountingfly or Kolabtree to connect with clients and offer your services. It’s also helpful to connect on LinkedIn or with local clients who help with accounting.

Source: Accountingfly

2. Tutoring Accounting Students  

Accounting often ranks as one of the more challenging finance-related majors, so it’s common for students to seek extra guidance from tutors to master concepts in this field. Once you feel comfortable with core concepts in accounting (plus some real-world practice), consider offering tutoring services to help the next class of CPAs.

Whether you’re most interested in accounting fundamentals or have specific areas of expertise, working as a tutor is a great way to break into the educational field and make some side cash. 

Pay: According to ZipRecruiter, the national average for accounting tutors is $14 per hour, but data for the median rate for private tutors is $27 per hour. Generally, the more experience and accreditations you have, the more likely you can charge higher rates for your tutoring services. 

How to Get Started: If you want to get going immediately, you could offer accountant tutoring on freelancer sites like Fiverr and Upwork. However, it’s also possible to set up a private tutoring business and connect with potential students online or in person.

There are also a few online tutoring platforms like Tutor.com and TutorMe for more teaching opportunities. 

3. Freelance Accounting Writing 

Some estimates suggest writing takes up about one-third of an accountant’s work time. Since accounting demands so much attention to the written word, you’re bound to gain a wealth of experience preparing documents, composing memos, and filling out templates.

Consider combining your writing chops and accounting expertise to earn cash on freelance websites like Upwork or Fiverr. Whether you enjoy writing educational articles, financial blog posts, or business-friendly memos, you can make good money with these skills. 

Pay: It’s tricky to calculate the hourly rate for freelance writers — especially in specialized fields like accounting — but ZipRecruiter suggests most freelance writers make $29 per hour. Data from Indeed, however, suggests the median wage for this job is slightly lower at $22.77 per hour

How to Get Started: The simplest way to start with writing is to join a freelancer website like Fiverr, Upwork, or Freelancer and search for interested clients. Be sure to spend time building your professional profile and include your specialties, accreditations, and previous writing samples to attract people interested in your services.

Also, consider taking a freelance writing course for pro tips on getting into this side gig. 

4. Become An Accounting Expert 

If you fancy yourself an “accountant guru,” why not make a side hustle out of your financial smarts? Start dropping words of wisdom on social media, release videos on CPA-related topics, and answer the most challenging accounting queries online to build your reputation as an expert accountant.

The more credibility you gain for your responses, the more positive word-of-mouth and visibility you’ll get online. Consider using this “expert persona” strategy to boost your online earnings potential with other techniques like tutoring, eBooks, or e-courses.

Pay: There’s no established salary for becoming an online “accounting expert,” but Salary.com suggests the average wage for entry-level accountant specialists is $27 per hour. However, keep in mind this side hustle idea doesn’t typically bring in money directly; instead, it helps build your online visibility and credibility to make more from other side ventures. 

How to Get Started: You could start testing the waters as an online accounting expert by posting helpful infographics or financial-related posts on sites like LinkedIn or releasing videos on YouTube related to accounting topics.

You could also scan sites like JustAnswer and Quora for accounting questions and respond to each one you feel comfortable explaining. The key to this strategy is consistency, so set a schedule to release informational content and answer questions every week to build a following over time. 

Source: JustAnswer

5. Accounting Consultant 

As an accounting consultant, you’ll guide individuals or organizations on the latest tax policies and suggest the optimal financial strategies for success. With your assistance, business leaders will be in a better position to understand the tax implications of every decision and plan their capital reserves accordingly.

While this is a potentially lucrative side opportunity for accountants, you’ll need professional experience before working in this field. Also, remember to double-check with your employer that offering these services is OK.

Pay: Accounting consultants have high median annual salaries in the $90,000 – $100,000 range, according to ZipRecruiter and Salary.com

How to Get Started: If you don’t already have clients in mind who could use consulting work, check out sites like Indeed or ZipRecruiter to get started looking for opportunities. It’s also helpful to network at local events, create a professional website, and search for leads on LinkedIn for more opportunities to grow in this side hustle. 

6. Become a Bookkeeper 

Bookkeeping and accounting are very similar, but bookkeepers focus on monitoring and recording a company’s day-to-day budget activities like transactions versus filing taxes or planning an overarching financial strategy.

The good news for accountants is you typically don’t need a separate degree to practice bookkeeping on the side. In fact, your experience as an accountant makes you well-prepared to offer bookkeeping services. As long as you’re familiar with software like QuickBooks or Xero, working as a bookkeeper is a great way to earn some side bucks.  

Pay: Salary.com estimates the average annual salary for bookkeepers is $41,195, and ZipRecruiter data shows bookkeepers often earn $24 per hour

How to Get Started: As long as you’re familiar with bookkeeping practices and software, you could offer services on a professional website or network on sites like LinkedIn. There may also be bookkeeping opportunities on freelancer sites like Fiverr or job boards like Indeed.

If you’re just getting into bookkeeping, you might also want to sign up for a professional course like the one on Bookkeepers for up-to-date info on strategies and trends in the market. 

7. Tax Preparation 

Preparing taxes is part of an accountant’s job description, so offering this service on the side makes sense for extra cash. The only caveat with this side gig is it’s very time-sensitive — and you’ll probably be super busy with your main job during tax season anyway.

It’s important to have a “game plan” to scale up your tax prep offerings and avoid burnout as the IRS deadline draws near. 

Pay: ZipRecruiter suggests tax preparers typically make $19 per hour, but your rate will depend on the client you’re working for, the complexity of their taxes, and your professional experience. 

How to Get Started: If you have no idea where to begin, start offering tax prep to friends, family, and acquaintances. You could then branch out to local organizations and businesses you feel could benefit from your tax prep help. To make it easier for clients to find you, publicize your offerings on sites like LinkedIn, create a professional website, and print out business cards with your contact info. 

Tax preparator on Fiverr
Source: Fiverr

Freelance Side Hustles For Accountants

Searching for freelance opportunities as an accountant is a great way to squeeze side gigs into your schedule. Because freelancing work doesn’t follow a standard 9-to-5 workflow, you’re free to set the hours you feel comfortable working and only take on projects you’re comfortable with. 

8. Proofreading 

Accountants already have a sharp eye for spotting inconsistencies and errors, which makes proofreading a natural fit for a side hustle. As a proofreader, you’ll read through a client’s texts and revise for consistent formatting and error-free prose. While accountants don’t need to proofread financial documents, you may have a competitive advantage (and a higher earnings potential) in this niche. 

Pay: On average, ZipRecruiter suggests proofreaders get around $22 per hour

How to Get Started: There are usually a lot of proofreading side gigs on freelancer sites like Fiverr and Upwork, as well as job boards like Indeed. However, newcomers should sign up for a professional proofreading course to understand the intricacies of this industry. 

9. Virtual Assistant 

There’s no need to drive in your car and report to an office to earn some side money as an assistant. Thanks to PCs and tablets, you can take care of plenty of tasks for clients without leaving your home. As a virtual assistant, you’ll handle clerical work such as setting schedules, receiving phone calls, and bookkeeping from your computer.

Like proofreading, you don’t need to find a virtual assistant role in accounting, but something closer to your profession may give you an edge in the market. 

Pay: Indeed’s data shows virtual assistants now make an average of $24.55 per hour, but ZipRecruiter suggests this average hourly pay is slightly higher at $34

How to Get Started: Most people search for virtual assistant opportunities on freelancer sites like Fiverr and Upwork or job boards like Indeed and ZipRecruiter. Although you could go straight out of the gate and apply for these opportunities, it helps to take a professional course like Fully Booked VA for guidance on getting into the virtual assistant game. 

10. Social Media Management 

If you’re already “fluent” in navigating sites like TikTok and Instagram, why not try to market your skills as a professional social media manager? In this role, you’ll get paid to monitor a client’s social media presence and suggest strategies to boost likes, followers, and subscribers.

Social media managers are also at the front lines to help with “damage control” if someone goes viral for all the wrong reasons. As long as you know your way around multiple social media platforms, you could bring in some side cash in this role. 

Pay: Social media management is a relatively new field, but ZipRecruiter estimates the average salary is $31 per hour. Data from Glassdoor also suggests this position brings in about $58,185 per year.  

How to Get Started: While there’s no specific school for social media management, it’s best to brush up on marketing, communications, and public relations to have an edge in this role. Consider applying for social media management roles you run across on Fiverr, Upwork, or Indeed for the websites you’re most familiar with.

You could also reach out to brands or online personalities to see if they could use a hand with social media management. 

Indeed social media manager
Source: Indeed

11. Graphic Design 

Accounting isn’t known as a “creative” field, but many accountants have an artistic side. If you’re familiar with formatting, color schemes, and brand imagery, consider using these skills on the side as a graphic designer. Designing imagery for logos, websites, and promotional materials can be a fun way to take a break from the facts and figures of accounting and use your creativity for some side cash. 

Pay: Indeed estimates the average pay for graphic designers is $21.23 per hour, but the US Bureau of Labor Statistics puts this hourly rate slightly higher at $27.88.

How to Get Started: First, you’ll need to familiarize yourself with core concepts from graphic design and tools like Adobe Illustrator, Photoshop, and Canva.

If you need help getting started in this field, consider signing up for a graphic design course at a local university or online. Once you feel comfortable marketing your graphic design skills, look for paid opportunities on freelancer sites like Fiverr or Upwork. 

12. Online Tutoring 

Although it makes sense for accountants to tutor students in their field, spending all of your time engrossed in accounting may get boring. If you’d like to break into education but want a “break” from accounting, consider tutoring students in other subjects you feel confident teaching.

Whether you’re most passionate about English, science, or math, there are plenty of online tutoring platforms to share your knowledge for side cash. 

Pay: Data from ZipRecruiter suggests general online tutors make about $18 per hour.  

How to Get Started: To start tutoring, consider setting up a professional website offering your services and promoting yourself on social media, freelancer sites, and LinkedIn. You could also sign up for platforms like TutorMe or Tutor.com for help finding students and earning cash from this side hustle. 

13. Forensic Accountant 

Working in forensic accounting may not be as sensational as an episode of Law & Order, but it’s a legitimate way for accountants to put their skills to use in the legal sector.

A forensic accountant combs through business transactions for any relevant inconsistencies to use in a case. Often, you’ll play a central role as a third-party expert when reviewing accusations made against companies like fraud or embezzlement. So, if you want to use your accounting skills to clear up legal drama, consider forensic accounting as a side hustle. 

Pay: Typically, forensic accountants make more than standard accountants, with the median annual salary at $76,000 on Salary.com. ZipRecruiter also estimates forensic accountants make an average of $37 per hour

How to Get Started: To serve as a forensic accountant, you often need years of professional experience as an accountant as well as extra accreditations from organizations like the Association of Certified Fraud Examiners (ACFE) and the American Board of Forensic Accounting (ABFA).

Be sure to review the credential requirements on job positions for this role to get a sense of the training and certifications you need for a competitive advantage. If you need leads on where to apply to become a forensic accountant, you could search LinkedIn, Indeed, or ZipRecruiter for leads. 

Online Side Hustles For Accountants 

Working from home is no longer a “remote” possibility. In fact, “remote work” has become increasingly common in today’s economy, and there are e-gigs a-plenty for accountants. So, if you want to earn some side revenue while staying at home, check out a few online job ideas

14. Create an Accounting Course and Sell It 

Although tutoring groups or solo students is rewarding, it’s not the most time-efficient side hustle for accountants. However, with a pre-recorded online accounting course, you can bring in passive income for years after you upload your lessons.

All you have to do is create your syllabus, record your courses, and market them to interested students. The more good news spreads about your classes, the more you can expect in passive income payments. 

Pay: There are many variables that go into how much you could make with an online course, including how big your audience is, your experience, and how often you create new lessons in your catalog. The more effort you put into the quality of your courses and marketing strategies, the greater the odds you could earn a few extra thousand bucks monthly — especially as you build a strong reputation.  

How to Get Started: Platforms like Podia, Teachable, or Kajabi make it easy for online educators to set up courses. However, if you don’t already have a large following online, it’s a good idea to gain visibility by answering questions on forums or releasing YouTube videos on accounting. After you gain traction for your free content, it’s easier to direct fans to paid course content. 

Kajabi create a course
Source: Kajabi

15. Start An Accounting Blog 

One great way to boost your online presence and build a reputation is to create a blog dedicated to accounting topics. Get in the habit of writing and publishing posts every week on highly searchable topics related to accounting.

A great way to get an edge in the blogging sphere is to use search engine optimization (SEO) tools to monitor Web traffic trends and relevant keywords to tailor content for your audience.  

Pay: It’s difficult to gauge the average salary for blogging since writers attract revenue from multiple sources. Also, the amount you’ll earn depends on your reputation and how often you’re posting. That being said, ZipRecruiter estimates the average pay for a professional blogger is around $35 per hour.  

How to Get Started: You can use no-code or low-code website builders like Wix, Bubble.io, or Webflow to help you quickly get started with your accounting blog.

People who already have skills with HTML and WordPress also have the tools to start blogging on day one. While publishing a blog is easy, attracting consistent Web traffic takes time and effort. It’s ideal to take a course on professional blogging for expert techniques to generate the most income from this side hustle. 

16. Start A YouTube Channel 

Despite the proliferation of video-sharing websites, YouTube is by far the dominant domain in this field. So, if you enjoy making video content and want to grow your visibility online, consider creating a YouTube channel and uploading videos.

While you could use your YouTube channel to focus on issues like accounting, bookkeeping, and finances, don’t feel restricted to these fields if you have other hobbies or interests. Just keep in mind you won’t earn from YouTube ads until you qualify for the Partner Program (i.e., you need 1,000 subscribers and either 4,000 public watch hours or 10 million shorts views)

Pay: There are many secondary ways to profit from an accounting YouTube channel (e.g., affiliate marketing, online courses, or Patreon pages), but most people measure their channel’s primary revenue via YouTube ads. On average, YouTubers make $0.018 per view, meaning you’ll need to consistently get 10K views to make $180 each time you drop a video. 

How to Get Started: If you have a Google account and a camera, you can upload videos on YouTube. However, since YouTube is huge, the competition for views is fierce. For the highest odds of making money on YouTube, it’s a good idea to take a course from a successful YouTuber like Erika Kullberg for insider tips.

Also, consider reviewing the basics of online marketing, video editing, and SEO to make your videos successful.  

17. Write An eBook and Sell It 

Tablets and the Internet have made it easier for authors to self-publish works and market them online, but the “self-publishing revolution” also means there’s an overwhelming quantity of eBooks.

The good news is accountants have a large addressable market for their eBooks since everyone deals with taxes and finances. If you release high-quality content that gets good reviews — and you already have an established reputation online — there’s a chance you could pull in some side money from your eBook sales.

Just remember that you won’t have the benefit of a publishing company to help you advertise and market your eBooks, which will significantly cut your time and expenses. 

Pay: To be honest, it’s challenging to make a ton of money off of eBooks if you don’t already have a large fan base. Some authors suggest most eBooks don’t make their authors more than $200 over their entire lifecycle, but it’s possible to earn more if you have a high-quality product with high demand and a strong marketing strategy.  

How to Get Started: First, search current eBook markets like Kindle Direct, Apple Books, or Gumroad and see what kinds of titles are selling in the accounting and finance niche. Also, look for any gaps in knowledge you could fill to address a need in the marketplace.

After writing, proofing, and formatting your eBook, put it up for sale on the market if you feel it will attract the most attention. You should also look into online marketing techniques to spread the word on your eBook for maximum visibility. 

18. Video Editor 

You don’t have to upload online courses or YouTube Shorts to make some side cash in the video-streaming world. If you’re familiar with software like iMovie or Adobe Premiere Pro, you could help businesses and individuals refine their videos before release.

The experience you have as a freelance video editor makes you well-equipped to start a channel or online course catalog whenever you feel like it. 

Pay: Professional video editors often earn $22.20 per hour — or about $60,000 per year — according to ZipRecruiter and Salary.com.

How to Get Started: If you’re new to video editing, it may be best to take an online course on sites like Coursera or Skillshare to learn the latest techniques and technologies in this industry. You should also shoot your own videos and show them off on a website to attract potential clients.

Sites like Indeed, Fiverr, and Upwork often have video editing opportunities, so check them out if you need a client. 

How To Become A Freelance Video Editor in 2023

19. Start A Podcast 

Podcasts have become exceptionally popular, with hundreds of millions of listeners worldwide. While succeeding in the podcasting game isn’t as simple as recording a few episodes and uploading them on Spotify, accountants could consider bringing their financial wisdom to a wider audience.

If you can grow your listeners and attract advertisers, you may start to make passive income from your accounting podcasts. Be forewarned: Podcasting is a painstaking craft that takes a lot of time and energy to plan, record, and edit, and you won’t see a big return early on. However, if you’re passionate about podcasting as a hobby, this is a viable side hustle to consider. 

Pay: Typically, people measure the revenue from their podcasts using a metric called “cost per mile” (CPM), which tracks the amount hosts make per 1,000 downloads. HubSpot estimates CPM rates for 30-second ads are about $18, and ZipRecruiter shows that most professional podcasters make about $16 per hour.

While these numbers vary wildly depending on your popularity and other revenue streams, they give you a basic idea of what to expect in passive income. 

How To Get Started: Don’t rush into your recording studio until you have a coherent vision for your target audience and the topics you want to cover on your podcast. Once you’ve figured out your podcast’s niche, you’ll need to shop for equipment like microphones and audio editing tools to give your podcasts a professional sound quality.

You’ll also need to set up an RSS feed to submit your complete podcasts to stores like Spotify and Apple Podcasts for maximum exposure.

If you’re new to podcasting, it’s a good idea to go over the basics with an online course like those offered on Udemy to understand and appreciate the work that goes into this field. 

20. Sell Your Skills 

There’s no skill that’s “too obscure” in today’s freelancer market. Just take a peek at the wild offerings on sites like Fiverr and Upwork, and you’ll soon recognize there are plenty of weird ways to make legit cash.

While you could offer your accounting services on these sites, feel free to market any other talents you’re willing to provide. For example, if you play an instrument, maybe there’s a way to write jingles or intro music for interested clients. Alternatively, artists could find ways to design printables or digital artworks for side cash.

The opportunities to sell your skills nowadays are endless, so brainstorm creative ideas and see whether there’s a market for them on freelancer sites. 

Pay: Since this field is so vast, you’ll need to get specific with the skills you want to offer to determine an average price. Type the skills you want to provide on freelancer portals like Fiverr and Upwork to get a ballpark figure for your expected returns. 

How to Get Started: Upwork and Fiverr are two of the most popular freelancer sites where you can offer a wide range of skills, but you could also check out Freelancer or Guru for more opportunities to connect with clients. 

21. Sell Accounting Templates Online 

Chances are you already use a few templates for superior organization while combing through a client’s finances. Well, did you know there are plenty of people willing to buy your preferred Excel or Google Doc accounting templates as downloadable or printable content?

Sites like Etsy make selling your favorite accounting template designs easy. If you already have some templates that could help people with their finances, consider adding this side hustle to your repertoire. 

Pay: You might read viral posts of people making almost $10K monthly selling printables, but that’s not likely for most people. There’s no easy way to calculate how much you could make from accounting templates, but people will likely earn a few extra hundred dollars per month with successful spreadsheets. 

How to Get Started: Etsy is the dominant market for templates, printables, and spreadsheets, but you might be able to offer these services on freelancer sites like Fiverr or Upwork. 

22. Become a Virtual CFO 

The Chief Financial Officer (CFO) is responsible for watching a company’s cash flows and making significant decisions for capital allocation. While you can’t become a CFO as a newly-minted CPA, this could be a side hustle to aspire toward as you gain more experience with financial forms and tax documents.

If you’re ready for the stress that often comes with this job, you can expect some attractive returns for your knowledge. Plus, since we’re now in the remote work era, it’s easier to find virtual CFO offerings for maximum convenience. 

Pay: Information compiled on ZipRecruiter suggests the average hourly salary for virtual CFOs is $34 per hour. However, Glassdoor puts this average rate higher at $189,402 per year. As with all the other side hustles on this list, your earnings potential depends on a combination of your skills and how much time you put into this gig. 

How to Get Started: Since CFO positions are high profile, you usually need to build a reputation and network with companies you’re interested in working with to get a chance to enter the C-suite. However, a few sites like Virtual CFO Solutions help accountants break into this field without as much hassle.    

23. Start An Accounting Newsletter 

If you’re always plugged into the financial world, consider sharing your take on the day’s hottest topics with an accounting-focused newsletter. Plenty of platforms like Substack help you send newsletters to an email list and collect subscription fees from your community members.

Like writing a blog, it may take a few months to build a following, but you could start bringing in monthly income if you release consistent, high-quality content.  

Pay: While some professional newsletters bring in over $100,000 per year, you’ll likely make a few extra hundred thousand dollars per month, depending on the demand for your information and how consistent you are with new content.

To determine how much you could earn from your accounting newsletter, estimate how many people you think would be willing to subscribe and at what price, then multiply the two numbers to get an estimate. 

How to Get Started: Substack is one of the biggest names in the subscription-based newsletter space. However, you could also use tools like Beehiiv and MailerLite to create an effective email newsletter campaign with your followers.

For the highest success rate, consider building a following on other sites like YouTube or a private blog and then marketing your newsletter to your existing fan base.

How To Grow A Newsletter Business

24. Offer Accounting Software Training 

Modern-day accountants don’t have time to waste doing all of their bookkeeping in literal books. To be successful in this field, you need to master software tools like QuickBooks and NetSuite to organize your work, avoid errors, and keep digital records for your clients.

If you’re fluent in multiple software systems, consider training interested students with a pre-paid course or live tutoring to bring in some side cash. In addition to bringing in extra money, this side hustle could help you evaluate whether you’re interested in entering the education field. 

Pay: On average, software trainers earn $27 per hour, according to ZipRecruiter. Interestingly, this site also estimates accounting software trainers make this same hourly rate, but the amount people pay may fluctuate depending on your level of competency. 

How to Get Started: You could offer tutoring courses on any software you’re familiar with on freelancer sites like Fiverr, Upwork, or Freelancer. You could also create a class dedicated to these software solutions on tutoring platforms like Teachable or release free videos on your YouTube channel to boost your views. 

Offline Side Hustles For Accountants 

Although it’s easy to find side hustles online, not everyone jives with the remote work lifestyle. If you’re someone who prefers to be in person, consider a few offline accounting side hustles to feel connected and earn extra income. 

25. Become A Public Speaker 

Unlike teaching or acting, accounting isn’t a profession where you need to be “in the limelight.” For some accountants, the “behind the scenes” nature of their craft is a blessing. In fact, since most people fear public speaking more than death, it’s likely most accountants aren’t interested in making side cash from lecturing to a packed house.

However, if you can build the stomach to speak to a live audience, you could make attractive side cash from these opportunities. As a bonus, public speaking opportunities seriously boost your reputation, visibility, and credibility as an accountant. 

Pay: Salary.com estimates professional public speakers make an average of $95,860 per year, and ZipRecruiter suggests the hourly wage for a public speaker is about $49 per hour

How to Get Started: Typically, you’ll need to network in your local community or on professional sites like LinkedIn to find public speaking opportunities. Keep an eye out for potential interest in public speaking topics at local organizations like universities or companies, and have your script pre-set so you won’t feel flustered when the big moment arises.

Before heading to the “big time,” consider speaking at smaller and informal venues, such as with friends or a faith-based group, to see whether this is the right side hustle for you.  

26. Business Or Career Coach

After establishing your accounting career, consider helping people get started in their professional life as a coach. In this position, you’ll help guide people through the steps they need to take to land their dream job, such as formatting their resume, writing a cover letter, and interview strategies.

You can also help people going through a job transition advance on their career path with a high success rate. 

Pay: Data on Salary.com suggests career coaches make an average of $49,000 per year, and Indeed shows the average hourly rate is about $18.65.

How to Get Started: To become a career coach, you’ll need to advertise your services online and in person for the highest rate of attracting clients. Since many people are usually concerned about their professional lives at colleges, career-focused events, and job fairs, consider networking in these areas.

You could also build a professional website and print business cards to make it easy for people to contact you. As you gain success from your clients, be sure to ask for their testimonials to boost your reputation and further build this side hustle. 

27. Invest In Real Estate 

Aside from stocks and bonds, real estate is a staple investment category with a long history of rewarding long-term investors. You don’t even have to wait decades for your property to appreciate to generate consistent returns with real estate.

Whether you’re curious about commercial or residential properties, you could collect monthly payments from tenants. Even if you don’t own your property, there are alternative ways to invest in a portion of real estate (e.g., shares of REITs or crowdfunding platforms) and receive dividends.

So, no matter your current financial situation, there are many ways to invest in the real estate sector and enjoy passive income. 

Pay: Your expected returns from real estate depend on how you’re getting involved with this field. For instance, if you buy a house and sit on it for capital appreciation, trends suggest you’ll make about 18.8% each year.

To figure out average rents for long-term and short-term properties, check out the average rates in your area with a Google or Airbnb search to figure out expected returns. 

How to Get Started: If you want to buy a property either as a personal residence or to rent out, you’ll need to research available units in your target area on sites like Zillow and schedule an appointment with a realtor.

For those who can’t take out a mortgage right now, you could sign up for a brokerage platform and buy REITs or set up an account on real estate crowdfunding sites like Arrived, Fundrise, or Roofstock to pick up “shares” of managed properties.

28. Financial Planning 

Whether it’s saving for college, paying off debt, or preparing for retirement, there are a lot of financial issues you could help smooth out as a part-time financial planner. After assessing each client’s current situation, you’ll develop an actionable strategy to achieve solid finances and meet long-term goals.

Since you already have skills in tax preparation and bookkeeping, you’re in a great position to provide planning and organization services to help clients get a handle on their financial lives. 

Pay: Indeed’s information shows professional financial planners make $82,741 per year, and ZipRecruiter estimates you could make $42 per hour in this profession. 

How to Get Started: Typically, professional financial advisors hold degrees in finance and have experience working at financial institutions like banks, insurance companies, or investment firms.

While this doesn’t mean you can’t enter this field as a CPA, consider advanced training or getting a document like the Certified Financial Planner (CFP) for greater success. You could start advertising your services on a professional website, LinkedIn, and at networking events to build a client roster.  

29. Offer Notary Services 

Some people in the side hustle community consider becoming a notary the optimal opportunity for quick cash. Typically, all you have to do as a notary is organize legal documents and get all relevant parties to sign them. Yes, it’s that simple!

However, since you serve as an unbiased third party in these cases, your role is vital to prevent fraud in many instances, such as property deeds, last wills and testaments, and business contracts. While you’ll need to compete to snag notary opportunities, they’re typically very lucrative for your time and effort.

Pay: Notaries can make substantial money for relatively little time. In fact, ZipRecruiter estimates notaries often make $62 per hour. Of course, since notaries only make money per gig, you won’t make this much unless you consistently hustle to snag opportunities.

How to Get Started: Every state has different requirements for notaries, so the best place to start is by searching for more information on your state’s official government portal. It’s also a good idea to visit the National Notary Association’s website for more details on applying for this side gig.

If you need help getting started as a notary, consider signing up for a course like the Loan Signing System for tips to get involved in this market. You could also sign up for FindaNotary.com to stay updated on opportunities in your area. 

FAQ Side Hustles For Accountants 

We’ve found some of the most frequently asked questions regarding side hustles for accountants; here are our answers.

Are Accountants Allowed To Have A Side Hustle? 

Accountants are allowed to have side hustles, but you have to double-check with your full-time employer if you’re going to offer a financial-related service.

Sometimes, there are conflicts of interest between businesses and side venture activities, so get the all-clear if you’re afraid your side hustle violates some aspect of your contractual agreement. 

What Is The Best Side Hustle For Accountants? 

Since everyone’s situation is different, there’s no single “best” side hustle for accountants.

While it makes sense to focus on financial services like tax preparation, some accountant may feel the “best” side hustle is something outside of their professional life to express their creativity (e.g., blogging about hobbies or creating a travel YouTube channel).

Figure out how much you want to put into your side hustle and how much you expect to make beforehand to help decide which opportunity makes the most sense.  

How Do I Become a Freelance Accountant? 

To succeed as a freelance accountant, you’ll need to establish a strong reputation online to attract attention from prospective clients. Take advantage of local networking opportunities, and promote your business and accreditations on social media and sites like LinkedIn.

You could also build a professional website to help people easily find your services and request quotes. There may also be opportunities for accounting work on freelancer sites like Upwork or Fiverr to get you started. 

Is Tax Preparation A Good Side Hustle For Accountants? 

Because accounting deals with the intricacies of tax law, offering tax prep services on the side as a CPA is a logical option. This side hustle is particularly lucrative as the IRS deadline gets closer and more people rush to complete their tax forms.  

How Much Do Tax Preparers Make? 

ZipRecruiter and Indeed show the average pay for a tax preparer is around $19 – $20 per hour, but this will fluctuate depending on the state you’re in, who you’re filing for, and how experienced you are with tax prep. 

Final Thoughts

Side hustles are a great way for accountants to boost their yearly cash flow, but please be careful not to take on too much stress. Some surveys suggest that 99% of accountants report “burnout” from this profession, so please evaluate your stress levels before taking on side projects. If you feel your side hustles are interfering with your daily work, take a few moments to step back and re-evaluate your strategy with your work-life balance in mind.

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