2017

How to Minimize Your Risk of Being Audited

26 December 2017
 Categories: , Blog

For small and large business owners in Australia, the Australian tax office tends to keep a closer eye on their financial activities and reporting practices. Businesses work with more complex tax laws and they also tend to have more loopholes available to exploit. As a result, any anomalies that are suspected by the Australian Tax Office may lead to an audit of your business and personal finances. Tax preparation services can enable you to prepare all your financial documents and reduce the risk of an audit. Read More …

Strategies for Reducing Your Tax Burden

25 October 2017
 Categories: , Blog

Australian tax laws can be complicated to understand. You can therefore find yourself paying hefty taxes and getting a minimal return during tax season. However, if you implement the right tax planning strategies, you can navigate the tax code and minimise your burden. This can enable you to have a little more money in your pocket and enjoy a larger return during tax season. There are several strategies you can implement to reduce your tax burden. Read More …

Considerations for Hiring a Virtual Xero Bookkeeping Consultant

25 October 2017
 Categories: , Blog

Hiring a virtual bookkeeping assistant may be something you have considered for awhile. The issue is finding someone that has the credentials you need to handle all of your accounting needs. One way to ensure you are doing this is to hire someone who is listed as a Xero software bookkeeping consultant. Here are a few of the considerations about this to take into account. Business Category The first thing to consider when you are looking at virtual Xero software bookkeeping consultants is the business category of their experience. Read More …

Need Help with Tax Planning? Get A Tax Accountant

25 October 2017
 Categories: , Blog

A common misconception around taxes is that regular pay-as-you-earn workers can claim very little tax deductions. This perception often drives many tax-paying Australians away from seeking the services of a tax accountant. In fact, many people view tax accountant services as only necessary for large corporations that have to file complex tax returns. It is important to realize that accounting services can help you significantly increase the size of your tax refund. Read More …

When It Comes to Your Superannuation, Should You Self Manage?

20 October 2017
 Categories: , Blog

Are you the type of person who likes to be in control all the time? If so, you may not be happy with your current financial situation and want to take more control over its future. If you're in this situation, you should think about setting up a self-managed superannuation fund, so you can plan well for your retirement. However, this is not quite as straightforward as it may seem, so what do you need to be thinking about before you go ahead? Read More …