4 Tips to Help You Discover and Hire the Right Accountant
Many companies believe that they are alright without hiring an accountant by their side, that they can manage their finances without the help of a professional. While this is possible…
4 Important Tax Deductions That You Have to Know About
While we often take it for granted, taxes are incredibly important. This is why you’ll want to invest an ample amount of time to make sure that you get everything…
Audited Financial Reports: When Does Your Company Need It?
All business owners can agree that their company's finances are one of the most important operations that help keep their business running. With that being said, dealing with finances can…
Taxing Wisely: 5 Tips to Use Your Tax Refund
Paying taxes is an activity that any law-abiding citizen must do. By paying taxes, there are times when you get a tax refund. As the name suggests, a tax refund…
Your Guide to Claiming Home Office Expenses in 2021
Even if the room is not set aside purely for work-related purposes, you may be able to claim a tax deduction for the costs of running your home office, provided…
8 Factors to Consider When Choosing Accounting Software
When running a small business, you’re typically working with a small budget, which means you’re always looking for the most cost-efficient way of doing things. You don’t have the time…
Financial Statement Basics Business Owners Should Know
Financial statements are an integral part of any business, as they explain the company’s performance in terms of finances and profitability. Some of the basic financial statements business owners need…
3 Things to Consider Before Auditing Your Trust Account
Trust accounts are a unique way to keep your assets and earnings safe. Basically, an agent will handle and manage them for you until such time that you will need…
Finances Saving Economy concept. Male accountant or banker use calculator.
What Are the Requirements for SMSF Auditing and Reporting?
A self-managed super fund (SMSF) is a private super fund that allows for more control over a person’s retirement savings. It is different from retail or industry super funds; this…
3 Simple Tips to Keep Your Business in Line with the ATO
Businesses of all sizes must guarantee compliance with Australian Tax Office rules. ATO maintains a close eye on all commercial operations. Failure to comply with their guidelines—whether intentional or unintentional—will…
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