For many, tax season is the dreaded time of year filled with piles of receipts and confusing paperwork.
For Dylan Chesterman, who works for a small CPA firm just outside of New Orleans, itās an opportunity to serve the small businesses in his community.
āTaxes are a scary thing for a lot of people,ā says Chesterman. āWith business owners, they can really get complicated and stressful. I always tell them, āDo what you do best. Iāll take the stress off your hands.āā
Becoming a Certified Public Accountant wasnāt always Chestermanās goal. As an undergraduate accounting student, he had his sights set on auditing.
But when he realized his passion was in tax preparation, he began looking at graduate accounting programs so he could earn the credits necessary to sit for the CPA Exam.
UL Ā鶹“«Ć½appās M.S. in Accounting online program checked all the boxes: local, flexible, affordable, and reputable.
From Auditing to Tax Preparation
As an undergraduate student, Chesterman interned with a , finishing his degree a semester early in December 2020 with an auditing job there already lined up.
There was just one minor issue: his contract didnāt start until August 2021.
He knew he couldnāt wait nine months to start working, so at the start of tax season, he got a temporary job helping a CPA in his hometown.
āHe took me under his wing, mentored me, and showed me the ropes of taxes,ā Chesterman says. āI discovered that I really enjoyed doing taxes and helping all these small businesses we worked with.ā
After tax season ended, the two naturally parted ways, and Chesterman started his corporate auditing job.
However, a month later, Hurricane Ida made landfall south of New Orleans, forcing Chesterman to take a leave of absence to evacuate and rebuild.
āDuring that time, I did a little soul searching, and I realized that my corporate job just wasnāt for me,ā he says. āI was working remotely for about 55 to 60 hours a week in my home office, not seeing anybody, and I just didnāt want to do it anymore.ā
So, he approached the CPA he previously worked for and asked for a full-time job. And, luckily, he said yes.
The Path to CPA
With Chestermanās transition from auditing to tax preparation came the need to earn a CPA license. In Louisiana, that means completing 30 hours of college credit hours beyond the 120 required for a bachelorās degree.
Thus, Chestermanās search for a masterās in accounting program began.
While Chesterman considered a few different schools in Louisiana, he decided on UL Ā鶹“«Ć½appās online M.S. in Accounting because it was flexible, affordable, and reputable.
āUL Ā鶹“«Ć½app was the best value,ā he says. āTwo of my cousins earned finance degrees from UL Ā鶹“«Ć½app, and one of them earned his MBA online. They had nothing but good things to say about the Universityās business programs.ā
Once in the program, Chesterman found a mentor and role model in the M.S. in Accounting program coordinator, Dr. Cheryl Metrejean. Dr. Metrejean frequently publishes research on tax-related issues and has been cited by national news organizations as an expert in the field.
āI took every tax-related class offered and loved every one of them,ā he recalls. āI think I took around five of Dr. Metrejeanās classes. I just really enjoyed her teaching style.ā
Those classes, which included ACCT 527: Corporate Taxation, ACCT 528: Federal Tax Laws for Partnerships, and ACCT 529: Federal Income Taxation of Subchapter S Corporations, gave Chesterman an in-depth look at the issues he encounters in his job every day.
āThe classes were very informational,ā he says. āIād be able to pull up what I was doing with our clients at work and understand exactly what we were doing and why were doing it because of the classes I took.ā
The programās faculty werenāt the only people who passed on new knowledge to Chesterman. Chesterman quickly discovered that other students, too, had lots of insight to share.
āThere was a great variety of people fresh out of undergrad and people who were working parents and professionals,ā he says. āEverybody had some insight to give, whether they were a recent grad and just had internship experience or were in their 40s or 50s doing a complete career transition.ā
School During Tax Season
Working for a CPA firm meant that Chesterman needed to build his school schedule around tax season.
In the spring, Chesterman took one class each eight-week term, often waking up early with his wife, a teacher, at 4:30 a.m. to knock out an hour or two of schoolwork before heading into the office.
In the summer and fall semesters, after most clientsā taxes had been filed for the year, Chesterman would bump his schedule up to two classes each term, with permission from his firmās owner to complete coursework during the day as time permitted.
āLuckily, my boss built his practice almost purely around taxes,ā Chesterman says. āSo, during those slow times at work, he was fully supportive of me getting my schoolwork done. When I earn my CPA, it will ultimately benefit the both of us.ā
The Future Awaits
Last month, six months after completing his masterās degree, Chesterman sat for the fourth and final section of the CPA exam. Heāll find out soon if he passed.
āI feel pretty good about it,ā he says. āI already passed my first three.ā
After he obtains his CPA license, heāll start working toward his next goal: taking over the firm.
āMy boss is getting to retire in the next four or five years, probably,ā Chesterman says. āEvery year, Iāve taken on more responsibility, and heās giving me more to oversee and handle. Itās down the road, but the plan is for me to stay here and buy out the firm.ā
Chesterman encourages other accountants to go back to school to pursue their masterās degrees and/or CPA licenses.
With the right mindset, itās 100% doable, he says.
āItās not as scary as you think it is,ā Chesterman advises. āIt just takes a little bit of focus and determination. You donāt have to take two classes per quarter. You can go at your own pace, and with that, youāre more than capable of balancing both a full-time job and school.ā
Advance your accounting career and earn the credits you need to become a CPA in our 100% online masterās in accounting program.