About Me

Counting Together: The Benefit of Visiting an Accountant

Hello, my name is Paul. I live with my wife and child in Western Australia. While I love operating my small business, I do not love keeping the books in order. For a long time, I tried to do the accounts myself. I thought I was doing a pretty good job. However, when I got a call from the tax office saying they would like to conduct an audit, my heart skipped a beat. I was really worried they would find an error and that I would end up in serious trouble. My friend recommended an accountancy firm. I contacted them and they went over my books to make sure they were in good order. They also taught me some great bookkeeping skills. This blog is designed to help others avoid the mistakes I made.

Latest Posts

Archive

How Small Business Owners Get Into Trouble With Their End-of-Year Return

Posted on November 23, 2021

Did you know that the Australian Tax Office has many ways of cross-referencing official documents to ensure that your end-of-year tax return is correct? Officials have developed smart algorithms to instantly see if something is wrong and raise a digital red flag against your account. What are some of the most common mistakes that small business owners make when they submit their returns, and how can you avoid a red flag of your own? [Read More]

4 Reasons Small Business Owners Should Hire an Accountant

Posted on August 27, 2021

Accountants play a vital role in any business. As a small business owner, you will need these professionals to manage your finances and guide you on how best to run your company. Many assume that accountants only provide help with numbers, but this is far from the truth. There are so many benefits of working with these professionals, as highlighted below. 1. Help Businesses to Get Credit Small businesses need credit to run their day-to-day operations. [Read More]

6 Reasons Why You Need a Tax Accountant

Posted on May 7, 2021

Many taxpayers face it rough while lodging their returns and end up making many errors. Fortunately, you can get impeccable help from professional tax accountants. Highlighted in this article are benefits you'll accrue by hiring tax accountant services. 1. Concentrate on Your Business Activities When you hire an accounting company, you'll have accountants busy looking at the finances of your venture while tax agents concentrate on preparing the business activity statements. [Read More]

See the Details Your Accountant Needs When Filing Your Tax Returns

Posted on January 27, 2021

If you're a responsible citizen, you know filing a tax return isn't an unnecessary or burdensome activity. Timely tax returns offer many benefits, like allowing you to claim tax deductions and refunds, adjusting capital gains and losses, saving you from penalties and easing the loan application process. But before you enjoy any of these benefits, tax return filing has to be done correctly and accurately every other year. One way to avoid mistakes while filing tax returns is getting a reputable accountant to do it for you. [Read More]