Locating the right accountant for your firm

A great place to begin searching for an accountant is suggestions from people you know. See to it the accountant is a member of a specialist body. Members of these bodies have actually a certified tertiary credentials and also has to adhere to expert criteria.

Only signed up tax agents can prepare and also lodge tax returns. Check if your accountant is signed up on the Tax Practitioners Board Register.

Aid with your organization

If you run your own organization, an accountant can help you set up as well as keep your financial documents. They can additionally assist you meet your tax responsibilities.

The ideal accountant can also offer guidance as well as guidance on your accounts as your organization expands.

They can help with:
establishing accounting and bookkeeping software
setting up the lawful framework of your firm– for example, as a business, corporation, partnership or single investor
applying for an ABN or ACN
taking care of the ATO in your place
revenue, loss and forecasting
paying staff or contractors

When choosing an accountant, seek one that will suit you or your business. Some accountants specialise in tax returns for individuals or businesses in a certain sector, as well as others are experts in a certain area of tax.