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A record number of fresh firms are expected in 2023 and having the right financial processes in place will be critical to their prospects, says accounting firm CEO.
With more Australians looking to start a side gig, accountants are set to become more in demand than ever, according to a managing director. Coco Hou CPA, managing director of Platinum Accounting
As the new year approaches, a CEO has shared why she thinks the days of accountants purely working with businesses to provide tax advice are long gone. In 2022 and beyond, she said, the role will
People could be missing out on hundreds or thousands of dollars when it comes to tax time with some professionals failing to claim for perks specific to their industries. Accountant Coco Hou has identified four careers where people can cash in on some unusual parts of their jobs. The shocking thing is that far too many people who work in these unusual tax return industries do not know even the gold pot they re sitting on. A number of these industries allow workers to claim tax on niche and industry-specific things that aren t commonly discussed across the board, she said. The general rule is that if you incur an expense as part of your job and aren t reimbursed by your employer, you are entitled to make a claim on those work-related items.