Having someone with expertise manage your finances can mean seeing your money grow and taking advantage of all potential tax breaks and investment opportunities. Typically, there are two types of financial experts you might hire for yourself, an accountant or a financial planner. How do you know which one you need and how are they different? Note the following. 1. Past versus the future One main difference between an accountant and a financial planner is that an accountant is typically concerned about the past whereas a financial planner is concerned about the future. [Read More]
When Does Your Company Need an Audit?
It may not be necessary to have a company's accounting system audited every single year, but as a business owner, you want to take advantage of this service as often as you deem necessary. It's good to find accounting errors as soon as they arise and to ensure you know if your money is being spent properly; an audit can also better prepare you for making certain business decisions. Note when your company may need an audit by a company like Boyd & Associates and why. [Read More]
Accountant Services For First Timers
If you've never had the chance to hire an accountant, but find that you need one now, you are probably aware that accountants can file your taxes. But there are other services that these professionals can provide you that can help ease your financial burden when it comes to taxable income, as well as services that can protect you in the event of an audit. Here are some of the things accountants can do on your behalf. [Read More]
Accessing Your Superannuation Early: Is It Possible?
It doesn't matter if you're 16 or 60. If you're working, you're contributing to your superannuation. Of course, you probably have a more pragmatic view of your super when you're closer to retirement. You are planning for a life where you will no longer be working, and that money takes on a greater significance - you will need it to continue living the quality of life to which you've become accustomed. [Read More]