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Things to know when dealing with a tax debt

Many business owners allow the tax debt to creep up on them.

Part One – The Nature of Tax Setting you and your business on the road to tax planning

Tax never sleeps – it’s always up and about looking to get you.

They are right, and I am wrong Accounting, tax and stuff.

So, for almost 23 years, I have been preaching that business owners need to understand financial documents.

We back our workGo an audit – We cover our accountants

There is now unprecedented funding for the ATO to carry out audits.

Instant asset “write off” extended for 12 more months

The $20,000 small business instant write off has been extended for another 12 months.

Got a problem – deal with it now rather than have a whistle blower do it for you

It has been a common practice for business owners and directors to push on, no matter how bad or how hard things financially have become in their business.