The Information and Documents You Will Need to Maximize Your 2020 Income Tax Return and Avoid Common Tax Pitfalls With all the confusion and uncertainty in the world, you’ll be forgiven if you’ve forgotten that tax day is on 31 October. Knowing where to begin with gathering the information and documents that you will need...
Taxes may be one of the most confusing concepts to understand. What can be deducted? What can’t? Sometimes there does not seem to be any sort of pattern at all. So how can you be sure of what is tax deductible and what isn’t? Follow a few of these guidelines and you can start saving...
You’re Supplying the Home Office, Now Get the Government Pay for It During ordinary times, the Australian government imposes strict requirements on whether and when a person can claim deductions for a home office. But we are not living in ordinary times, and the Australian Taxation Office (ATO) has recently announced changes to the tax...
What are CFD’s? Simply stated for a general audience, a CFD stands for contract for difference, which can be generally described as an agreement between a CFD provider and a buyer in which the buyer and provider disagree about the future of a security (shares of a stock for example. Basically, the two parties are...
We’ve all heard the industry is on the move and there is fear in the air of an accounting automation apocalypse coming for your job. Yeah, not any time soon. There is however a range of more immediate changes that likely will affect you. The rise of more and more intelligent software is undoubtedly having an affect...
Choosing a good accounting software to start a small business is one of the first decision that every small business owner needs to make. What does an accounting software do for a small business owner? Basic Accounting Software Features: Track income & expenses: Creating professional invoice and quote or secure connection to POS is the...
