Avoid These 5 Common Tax Return Mistakes in Australia
Lodging tax returns each year is a requirement in Australia. However, it can be a daunting task, especially for those lodging their return for the first time. Failing to lodge…
Advantages of Getting a Tax Accountant for Your Business
If you own a business, there are numerous advantages to hiring a tax accountant to help manage your financial affairs. A tax accountant is an expert in the field of…
A Closer Look at the Instant Asset Write-Off Tax Benefits
The Australian government has introduced a higher instant asset write-off (IAWO) threshold as part of the COVID-19 relief package. It's essentially a cost-saving incentive for businesses that allows them to…
When Should You Get an Audit For Your Business?
An audit is an important step for any business, regardless of size. A financial statement audit verifies correctness and adherence to rules and regulations by examining the financial statements independently.…
5 Reasons Why Small Businesses Need an Accounting Firm
Running a small business can be overwhelming and time-consuming. With the help of an accounting firm, small business owners can simplify their finances and make sure that their company is…
9 Things You Can Refund From Your Work Travel Expenses
Regarding work travel expenses, it can be challenging to know precisely what you can and can’t get reimbursed for. Fortunately, a few standard fees can be refunded, depending on the…
5 Important Factors to Consider When Hiring a Tax Accountant
Tax season can be a stressful time for individuals and businesses alike. With the ever-changing tax laws, filing taxes can be a complicated and time-consuming process. That’s why it’s important…
ATO Audit Triggers to Be Aware Of
When people hear the words "ATO Audit," they usually either try to ignore it or take immediate steps to respond to the situation. What many do not know is that…
5 Reasons Why Your Business Needs a Financial Audit
Financial audits can provide your business with a variety of benefits. Not only do they help to ensure that your financial records are accurate and up-to-date, but they also allow…
Helpful Advice to Apply to Your Tax Return Preparation
It pays to put in a little time and effort to make sure you have every detail of your return correct and that you have avoided some of the more…
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