Getting a cool tax returnGetting a cool tax return

About Me

Getting a cool tax return

For many years I couldn't work out how my co-workers seem to be getting these really cool tax returns, which let them go on holidays to Bali, where I seem to get tax returns that let me go to the local fast food joint if I was lucky! Since I met my girlfriend I started to go to her tax accountant and I finally understand how it all works. There are so many easy deductions that I can claim now, which is going to help me head to Thailand this year! This site has some of the tips I have learnt to help you maximise your return this year.

Five Features You Need in Enterprise Level Custom Accounting Software

As your business grows, so too does your need for the right accounting software. If you have decided to work with a vendor to create accounting software for your company, rather than opting for an out-of-the-box solution, there are multiple functions you should look for. Ideally, your new accounting software should offer the following: Works with GAAP So that the software can adequately handle your company's accounting needs, it should be compatible with generally accepted accounting principles (GAAP). Read More 

4 Tips for Maintaining a Healthy Cash Flow in Your Small Business

The success or failure of any business largely depends on its ability to maintain a steady and healthy cash flow. Without cash in hand, it will be impossible to take advantage of business-friendly opportunities or handle unanticipated events. Healthy cash flow comes down to effective asset and liability management. 1. Begin on a healthy balance Most people jump into business without planning carefully for start-up costs. As a result, they deplete their cushion of funds before the business breaks even and hence begin the steady decline towards failure. Read More 

What You Need To Keep In Mind When Applying For Your First Accountancy Job

Nothing feels better than a good graduation. After studying for almost half your life in various educational institutions, the time to face the world finally arrives, and it's about time your efforts bear some fruit. As a graduate in accounting, you will probably be very excited to put what you were taught into practice and may jump into the first job offer that comes your way. Not so fast. Before filling in that job application form, below are a few things you might want to know. Read More