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End Of Year Journal Entries – Income Tax
In 1789, Benjamin Franklin stated that โin this world nothing can be said to be certain, except death and taxes.โ A leading thinker of his time, it is a shame he didnโt think harder about how we account for those taxes in our data files and financial reports. The...

Stock Taken – Own Use
Taken goods for private use? Hereโs the latest values The ATO knows that many business owners naturally help themselves to their trading stock and use it for their own purposes. This common practice can occur in businesses such as butchers, bakers, corner stores,...

US Presidential Election 2016 โ How does it affect you?
After eleven months of campaigning, the US has now voted and elected itโs 45th President, Donald Trump. The election of Donald Trump to the presidency creates a great deal of uncertainty over both the economic and policy outlook for the US. In the short term, the key...
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