2022

Four Benefits Of Using Business Tax Accounting Services

As a business owner, one of your main concerns is to ensure that you are compliant with all the tax laws and regulations. However, this may be difficult for some small business owners who don't have time to deal with the tedious task of filing taxes. Here are four benefits of using business tax accounting services: 1. Business Tax Accounting Services Save You Time On Tax Filing It takes a lot of time to file taxes, especially if it's your first time doing it.

Employers, Are You Confused by Fringe Benefits Tax?

If you own a small business and employ others, you may have had to be creative when first recruiting by offering certain "frills" to draw staff away from your competition. Yet you do need to account for these add-ons and other payments in kind, as the tax regulator considers them to be fringe benefits. What do you need to know about your obligations as you prepare to lodge your end-of-year returns?