An accountant advisor is an incredible assets to your business. They help you file taxes, and help you tame your cash flow. But that’s just skimming the surface of what an accountant can do for you. Accountants hold an incredible amount of knowledge, gathered from education and experience over their careers. And a good accountant
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When you run a business, it is always a good idea to outsource your accounting. It is cost-effective and allows you to take advantage of specialist expertise. But when choosing an accountant for your business, you need to decide between a freelance accountant or an accounting firm. While each choice has its own reasons and
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It is always a smart move to hire an accountant to look after your business finances. Whether your business is just starting out, or if you’re up and running but looking to expand, today we are going to discuss why every business needs a good accountant. 1. Save Money Hiring an accountant isn’t as expensive
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Is your business ready for the financial year-end? The end of the financial year is just around the corner. As a result, you need to make sure all your bases are correctly covered. But this doesn’t have to be a stressful time as long as you plan ahead and get your business ready. Today we’ve
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Those who launch a non-profit want to change the world. Whether you’ve run a non-profit in the past or not, it is important to know that they have a different financial framework than for-profit businesses. As a result, they have a wide range of accounting differences. Failure to maintain your books according to non-profit laws
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While you might submit honest and detailed declarations, taxpayers can still be selected for a tax audit or review from the ATO. Even a quick audit can take around 28 days. In the worst-case scenario it can take 3-4 years to complete a complex audit. The audit process can involve face to face meetings as
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In recent years, cloud technology and apps have revolutionised our lives. As a result, it is important to find out how they can work for your business. If you find yourself labouring over your business’ financial information until late into the night, cloud accounting might help you get a better handle on your finances. Cloud-based
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When you do your own taxes, as a small business, you can often fall into old habits when it comes to doing your taxes. Which means you aren’t taking advantage of some of the most recent, or less obvious, ATO tax deductions. These can help minimise your take at the end of the financial year.
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Choosing to pursue freelance work is a huge step and involves a great deal of risk. You are setting up your own business, pursuing customers and making money from your skills and services. But if you’re successful, freelancing can change your life. Today we are going to discuss freelancing, how to make it your career,
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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
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