Not only is a good accountant a valuable resource for the accounting and tax side of your business, they are also great for general advice. As a result, it is important to find the right accountant and work closely with them. How can you increase the chances of getting the right accountant? And how do
Read More…
Many small business owners ask if they really need an accountant or if they can simply do it themselves. For small businesses it can seem like a big expense to pay someone to “do the books”. Others ask what a bookkeeper does, and if they are good value. Today we are going to explore small
Read More…
The Fringe Benefits Tax (FBT) year ends on the 31st of March. And, with ever increasing budget deficits, the Australian Tax Office is reviewing whether all employers, who should be paying FBT, are paying and are paying the right amount. In order to help you meet your FBT obligations, Siragusa has put together a list
Read More…
Do you know the difference between an accountant and a tax specialist accountant? The roles are different, with different specialities. Both have an important role to play in ensuring efficient personal or corporate financial management. And substituting an accountant for a tax specialist can have serious consequences. What is an Accountant? Accounting is a whole
Read More…
When starting a new business, you’ve probably heard people say “get a good accountant!” While you’re probably sick of hearing this, partnering with the right accountant can save you a lot of money and headaches in the long run. A great business accountant helps you keep track of how the company is doing, and if
Read More…
Are you a freelancer? Stressing about how to hire an accountant to help with your tax return? You are definitely not alone. Freelancers can find hiring an accountant one of their biggest challenges. The team at Siragusa have put together 5 important questions to ask yourself when looking for an accountant. 1: Do Freelancers Even
Read More…
When you ask people about bookkeeping and accounting, most are hard pressed to describe a difference between the two. However, while bookkeepers and accountants share common goals, they support your business in different ways. In fact, there are a number of important differences between an accountant and a bookkeeper. And you need to hire the
Read More…
One of the most important parts of running a business is keeping your finances in order. As a result, you need to hire a person – or a team of people – to work with you on your accounting, maintaining financial records, applying for loans, long term planning, and tax filing. But when it comes
Read More…
When it comes to small business, it is wise to hire an accountant as soon as you launch. They can help set up your accounting and payroll system, saving you time and money. They can also offer business advice, keep records and prepare your annual accounts, monitor cash flow, and provide tax advice. This makes
Read More…
When you first started your business, bookkeeping and accounting were probably straightforward and easy. There was little else necessary than logging your income and expenses into a software program. But as a business grows, the number of transactions to track will increase, making it harder and time consuming to track. Losing track of your finances
Read More…
