Why Every Small Business Needs an Accountant
Posted on:
2 October 2023
Managing a small business can provide both gratification and difficulty. Business owners are tasked with myriad responsibilities, from managing employees to marketing products and services. One of the most important aspects of running a successful small business is maintaining its financial health. As a business owner, it's crucial to keep track of your finances, but this is easier said than done. Without proper accounting skills, it can be difficult to know where your money is going or if you're making a profit.
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What You Need to Know About Depreciation When You Own a Rental Property
Posted on:
23 February 2023
If you are a rental property owner, it's important to understand how depreciation works and how it affects your finances. Depreciation is a non-cash deduction on the income of rental property owners and can help reduce the amount of tax you need to pay. What do you need to know about this procedure, and who should carry out the work for you?
What Is Depreciation?
Depreciation is an allowance that permits rental property owners to deduct part of the cost of purchasing and improving their properties from their taxable income over time.
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Accounting Services: An Introduction
Posted on:
22 August 2022
Maintaining accurate financial records is essential to the success of any business. That's where accounting services come in. By using an accountant, you can ensure that your books are always in order. This article is an introduction to the different types of accounting services available so that you can find out exactly what they can do for your business. Read on to discover more!
Bookkeeping
A commercial accountant can play an important role in the success of your business by providing bookkeeping services.
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How to Get the Best Result If You Want to Sell Your Lifestyle Business
Posted on:
28 February 2022
Several million Australian baby boomers will retire in the next few years, and if you've been running your own business all your life, you may be thinking about joining them. Yet, you may not simply want to close the doors and walk away but want to make sure that your business is given to a safe pair of hands. How can you prepare for that momentous day, and how can your accountant help you to get across the line?
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