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End Of Year Journal Entries – Income Tax

End Of Year Journal Entries – Income Tax

In 1789, Benjamin Franklin stated that โ€œin 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 didnโ€™t think harder about how we account for those taxes in our data files and financial reports. The...

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Stock Taken – Own Use

Stock Taken – Own Use

Taken goods for private use? Hereโ€™s 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,...

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3 years ago

Regardless of the size of your estate, you need a plan to ensure your wishes will be carried out, and your loved ones are taken care of in the way you see fit. A will is an integral part of your ... See more

3 years ago

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Check out the recent article on our very own COO Kelly Eke ๐ŸŽ‰

3 years ago

As the end of the financial year approaches, a new survey has revealed that 56 per cent of Aussie taxpayers find tax time to be stressful.

Let Precision take some of that stress away for you by ... See more

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