Is Your Tax Agent Putting You at Unnecessary Risk?
Not all tax agents are created equal. Just like in every industry there are the good ones and the not so good ones and you as the taxpayer could be placed at an unnecessary risk because of the risk rating of your Tax Agent. With the rise of technology, the ATO is capitalising and spending […]
Cryptocurrency and Tax
One of the things investors like best about cryptocurrency is that it is anonymous. You are not required to reveal any information whatsoever about your personal identity in order to hold a crypto address. However, many people make the mistake of assuming that the currency’s anonymity makes it impossible for their account to be tracked […]
Small Business Accounting – Keep the Accounting Cycle Running
We cannot overstate the importance of accounting in today’s competitive business environment. If you own or operate a small business, you are probably aware of the need to keep track of every single cent you make or spend. How Business Accounting Can Help Keeping track of your small business finances is crucial to the health […]
5 Tips for How to Prepare Taxes for Small Business
Taxes can be a complicated mess, but if you spend some time and prepare yourself to do your taxes as a small business owner, it will not seem so difficult. If you are looking for how to prepare taxes for small businesses, we have five tips that will help get this process started. Tip One: […]
Business Expense: Your Ultimate Guide
Business expense accounting is one of the most important aspects of running a business. In fact, it can be called the foundation stone of any type of enterprise. Broadly speaking, business-expense accounting is simply the cost that your business incurs in order to make sales. By properly classifying these many different costs into different business […]
What Is Wealth Protection? It’s More Than Just Financial Planning!
Wealth Protection Wealth protection is an important concept for those who want complete financial freedom. It involves taking steps to protect your assets and investments from potential risks such as creditors, lawsuits, taxes, and other liabilities. One of the most common methods of wealth protection is insurance products (there are a variety of insurance products […]
Trusts Structures – The Ultimate Guide
The Ultimate Guide to Trust Structures Trust structures are increasingly popular for those looking for secure ways to protect and grow their wealth from one generation to the next. Whether you’re looking to protect your investments, manage estate planning, or just have more control over your money, a trust structure may be the best way […]