Why Is It Important To Keep Cryptocurrency Records & Reports For Your Annual Tax Return

Wallet Addresses Every time you send cryptocurrency to another wallet, the transaction is recorded. For every single transaction, there is an entry with your wallet address and the wallet addresses of the individual or business you sent funds to. All these transactions are also captured with the date and time stamps. Asides from this, all […]

What Is All About “1080 Tax Offset 2021”?

Millions of Australian workers are set to enjoy a tax offset for a longer period, thanks to the federal government. This is a plan that targets the low and middle-income earners in Australia. There are plans to extend the tax offset, which means that the workers will keep most of their income. The tax offset[.....]

Child Care Workers Tax Deductions: What to Claim and What Not To

Do you make a living by taking care of children? Whether you are a nanny, child care worker, or pre-school assistant, there are some lucrative tax deductions that are available for you. Unfortunately, most people are unaware of the same and have been missing out on these tax deductions. Here is a comprehensive guide of[.....]

Tax Deductions for Work Clothing and Know How Much To Claim

What clothes do you wear to work? Are you required to wear a suit or a specific type of uniform to work? It would be imperative to confirm your dress code with the employer as there are relevant tax deductions that you can enjoy. There are many tax deductions that you can claim for work-related[.....]

Cleaning Business Tax Returns and Deduction

Are you in the cleaning business? Did you know that there are quite a number of tax deductions that you should include in your tax returns? Cleaning jobs are quite demanding and for most cleaners, they do not even have time to think about tax. There are so many expenses that you incur throughout the[.....]