New tax agents often make the same avoidable mistakes—misunderstanding compliance, undercharging, struggling to get clients, or failing to keep up with tax law changes. In this guide, we break down the five biggest mistakes and how to avoid them, so you can build a confident, profitable tax practice from day one.

Not sure whether to pursue a career as a BAS Agent or a Tax Agent? In this blog, we break down the key differences, growth opportunities, and earning potential for both roles. Whether you're interested in providing business strategy and financial management as a BAS Agent or offering proactive tax advice and planning as a Tax Agent, this guide will help you make an informed decision. Plus, discover how our Income Calculators can give you a clearer picture of your potential earnings!

The Federal Court has ruled that unpaid present entitlements (UPEs) are not Division 7A loans, contradicting the ATO’s long-held position. While this decision is a win for trusts and corporate beneficiaries, the ATO has a history of pushing back against court rulings, often issuing tax determinations or lobbying for legislative changes. With uncertainty around the ATO’s next move, business owners and tax professionals should stay vigilant and monitor further developments.

Automation promised to revolutionise accounting, but the recent collapse of Bench shows that even the most tech-driven models have their limits. In this blog, we explore the rise of automation in accounting, the challenges it brings, and why human expertise remains irreplaceable. Learn from the lessons of failed startups like Bench and discover how smaller firms can thrive in a hybrid future of technology and personalised service.

Selling property in Australia just got more complex with the updated Foreign Resident Capital Gains Withholding rules. Learn what the changes mean for buyers and sellers, how to stay compliant, and avoid losing 15% of your sale proceeds. Read our guide to navigate these new regulations with confidence!

Avoiding common tax mistakes is essential for business owners to ensure compliance and optimise their financial health. Our latest blog highlights key errors such as underreporting income, overlooking deductions, and missing deadlines, providing practical tips to avoid them. Stay informed and proactive with your tax management to save time, money, and stress this tax season.

As the financial year draws to a close, small business owners have a golden opportunity to maximise their tax deductions. Understanding and claiming all eligible deductions can significantly reduce your tax liability and boost your bottom line. This guide highlights the top tax deductions every small business owner should remember before June 30, including motor vehicle expenses, equipment purchases, and home office costs.