Making the Most of Your Accounting Services

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What qualities should you look for in a small business accountant?

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If you run a small business, it is highly recommended that you hire an accountant. Not only can they help you keep your books and prepare your taxes, but they can also help you make business finance decisions. Here are some things to look for when you start interviewing candidates to be your new accountant. Education and Certification The first thing to look at is what type of education the candidate has received. Read More»

What's Scarier Than Halloween? Not Lodging Your Tax Return By October 31!

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It is doubtful the Australian Taxation Office had Halloween in mind when they originally set October 31 as the income tax return lodgement deadline. However, the fact remains that the clock is ticking for you to get your return in on time. As someone who is not ready to file before the deadline, this can be a very stressful time for you. So when you’re wondering what to do, here are two paths that you can follow in the days ahead. Read More»

The advantages of hiring an accountant for your small business

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As a small business owner, you have a lot of things to think about to make your business successful. With marketing, filing the right licenses, and doing the work your business is supposed to do, it’s easy to forget about your finances. If you’re new to being a small business owner, it’s possible you don’t know what to do to handle your finances properly. A solution to this might be to hire an accountant for your business. Read More»

Quick Advice for Financial Planning In Your 40s

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It’s typically a good idea for a person to think about saving for retirement and how to make their money work for them when they’re young and first start to work, but the real truth is that many people don’t think about financial planning until many years later, often not until they’re in their 40s. This may be because they are now closer to retirement than when they were in their 20s, or they may be becoming more responsible about their spending overall. Read More»

Why You Need a BAS Agent and an Accountant

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New business owners may be wondering whether they should hire a BAS agent or an accountant for their businesses. This article discusses why you need the services of both professionals. Cost Implications A BAS agent refers to a licensed professional who performs bookkeeping duties for a business. BAS stands for Business Activity Statement. An accountant performs broader roles such as filing your tax returns and advising you on matters affecting the financial health of your business. Read More»

What Every Freelancer Should Know about Amended Returns

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As a freelancer, it is up to you to pay your taxes and handle all of your tax information. One instance you may come across is needing to amend a return. This could be due to a client that sends you tax information late, or it may be a client you forgot about until after you had already turned in your taxes. If you face having to amend your taxes through your local tax accountant, there are some things you should know. Read More»