Do you prefer filing tax on your own or working with a tax accountant? Filing taxes can be stressful, especially if it's your first year in business and you don't know how it's done. Due to this, it's always advisable to hire a tax accountant to handle the task on your behalf. The market today offers a wide range of tax accountants. Some work individually, while others are employed by accounting firms, and this makes it a bit challenging to find the right expert.
3 June 2020
Just a few months ago, barely anyone expected that the new coronavirus would expand into a global pandemic. This outbreak has changed the financial reality of many different people in numerous industries. As a result, workers have been laid off, lost income, or lost their ability to work. Many businesses have also been forced to shut down in an attempt to limit the spread of the virus. The good news is that governments throughout the world are initiating steps towards helping affected workers and their families.
5 May 2020
When you're growing a business, you need to keep your eye on your daily activities to make sure that you maintain your sales and control your expenditure. If you provide a product to a specific marketplace, then you need to be sure that you buy in the raw materials or components that you need in advance and that you continue to market to the right sector so that people will buy your stuff.
9 April 2020
The sudden onset of the coronavirus brought with it uncertain times for almost every small business in Australia. Almost overnight, business owners shifted their thought process from operations or expansion towards pure survival. In days like this, cash flow is critical, and it's more important than ever to keep on top of it. What could you do in this type of scenario to strengthen your cash flow position? Being Pragmatic
27 March 2020
If you are in charge of a growing business and are facing some cash flow issues in the near future, you'll be looking at all your options and trying to find the best solution. Certainly, these can be challenging days for every business, but if you have a solid number of customers on the books and they have a good track record of settling their accounts, this may present one option for you.
25 March 2020
Did you know that the Australian tax authorities have become very sophisticated in recent years and have some cutting-edge software solutions that help them to pinpoint anomalies? Their aim is, of course, to raise as much money as possible and to make sure that all small business owners are paying their fair share. This means that a tax audit may become increasingly likely if your organisation is unusual within your industry or triggers some of those digital "
25 March 2020
