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Things You Should Know Before Hiring a Tax Accountant

Things You Should Know Before Hiring a Tax Accountant

Successful businesses are backed by efficient employees. Bookkeeper and tax accountant are amongst these employees. The accounting firm can assist you with tax minimization and staying aware of the recent taxation laws. They may help you to fill compliance documents,...

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Top 10 Questions to ask when Hiring an Accountant

Top 10 Questions to ask when Hiring an Accountant

For small businesses, Hiring an accountant is a significant and daunting task. If you are a new business startup, Hiring an accountant could be a vexing process for you; however, if you ask the right questions, it is a much simpler task. So to assist you to find the...

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Gain a Better Insight into an Adjusted Taxable Income

Gain a Better Insight into an Adjusted Taxable Income

Whether you are applying for tax offsets, government benefits, or concession, but the eligibility can be determined with your adjusted taxable income (ATI). To get detailed information about adjusted taxable income, keep reading on: What is Adjusted Taxable Income?...

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Services provided by Accounting Firm

Services provided by Accounting Firm

We all understand that none of the business can survive without bookkeeping and accounting. No doubt, accounting, and bookkeeping are the crucial parts of the businesses. The companies rely on the accounting firms since they provide a real picture of the organization...

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Tools for Accurate Accounting and Bookkeeping

Tools for Accurate Accounting and Bookkeeping

Accurate and efficient accounts management makes a pillar of stable cash flow and smoother business functioning. Maintaining efficient cash flow, optimizing lucre, minimization of expenditures, and creation of new investment opportunities are possible when every...

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How to find an Accounting Firm in Melbourne?

How to find an Accounting Firm in Melbourne?

How to Find an Accounting Firm in Melbourne: Your checklist for successfully Finding a firm Accounting services track expenses, income, taxes, and other information related to the financial condition of the organizations. These types of services are in-demand for a...

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What do You Need to Know to Run Your Business?

What do You Need to Know to Run Your Business?

Commencing a small business is no small decision. There are certainly no limits on who may become an efficient entrepreneur. You don’t require any college degree or money in the bank or even expertise to start a business. You just need a strong plan and the drive to...

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When to Hire an Accountant for Your Business

When to Hire an Accountant for Your Business

There are numerous reasons to hire an accountant at distinct stages for the growth of your company formation and loan application to government audit, an accountant may make life easier for you at every stage. It doesn’t mean that you are always required to employ an...

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Announcements in Victorian Budget 2020-21

Announcements in Victorian Budget 2020-21

JOBS PLAN – FROM THE TREASURER AND PREMIER To commence with the phase of recovery, the efforts of the Government are to get more Victorians back to work. Not only ensuring the job, but the goal of authorities is to provide security and certainty for them and their...

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Role of Accounting in Business and Why It’s Important?

Role of Accounting in Business and Why It’s Important?

It is a requirement of every business to have a good accounting team at its core or at least on specialist who could understand the specific needs of a business. Accurate and timely financial data is required by the managers to make wise decisions and accountants do...

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Things To Know Before Filing Your Income Tax Return (ITR)

Things To Know Before Filing Your Income Tax Return (ITR)

Tax time is certainly upon us with many changes introduced in financial year 2019-2020 due to effects of COVID-19. Tax return accountant works harder during taxation times to claim more deductions. Are you working from home due to COVID-19 situation? Whether you have...

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Tax Round Update – September 2020

Tax Round Update – September 2020

The Jobkeeper has Dominated the Headlines; However, only July 1st, 2020 Test Date for Employee has been Finalized. The legislation is yet before the Senate to extend the JobKeeper beyond September 27th. The details of JobKeeper 2.0 require legislative instrument to...

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JobKeeper Payments: GST Turnover and Reporting

JobKeeper Payments: GST Turnover and Reporting

GST  Reporting Method In order to apply for new turnover reduction tests for September 2020 and December 2020 quarter, the entities that are registered for GST must use same method which is used for GST reporting purposes.   The GST reporting method that is used...

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Questions to Ask Small Business Accountants Before Hiring

Questions to Ask Small Business Accountants Before Hiring

Most of the small businesses find it a daunting task to find an accountant in Melbourne. To select an accountant could be a vexing process when you are a startup in a business. It is quite simple if you ask the right questions and approach it systematically. You must...

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Tips for Choosing an Accountant for Small Business

Tips for Choosing an Accountant for Small Business

People owing small businesses rely on accountants to seek advices. While having accountants in your team, all the crucial tasks such as maintaining books, planning taxes and meeting important financial deadlines becomes easier. However, you need a good research to get...

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Why Small Businesses Need Tax Accountant

Why Small Businesses Need Tax Accountant

  The small business entrepreneurs have realized that their lives get more complicated during the times of tax season. The days become more stressful when you try to lodge the taxes for your business and personal life. In spite of some worse circumstances, many...

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Customer Strategies Retention – Need Of The Hour

Customer Strategies Retention – Need Of The Hour

It is very easy to lose customers; however, bringing new ones is really harder. This is the reason why customer retention is too crucial. Most of the small businesses are suffering these days just because of the unprecedented effects of COVID-19 on the economy. It is...

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Minimum Wage in Australia 2020 – 2021 – Award Wages

Minimum Wage in Australia 2020 – 2021 – Award Wages

It is a projection that Australian Minimum Weekly Wages will trend around 770.00 AUD/week in 2021 and 790.00 AUD/week in 2022. Minimum Wage Increases by 1.75% in Australia The minimum wages in Australia are currently $740.80 each week currently. This is equal to the...

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