Lots of small businesses hit rough patches with cash flow now and then, needing cash ASAP. When owners run low, they often think of hitting up the bank or getting a loan. But before diving into expensive options like overdrafts, […]
Understanding how capital gains taxes (CGT) work in the context of inherited estates can be tricky. Typically, CGT events occur when ownership of an asset changes hands. However, in the case of deceased estates, the CGT event is recognized on […]
For many small business owners, the clock always seems to tick faster than the tasks on their list. There’s a constant juggle between immediate needs—like dealing with customers, meeting deadlines, or attending events—and the crucial activities that foster ongoing business […]
While it is not uncommon to make some mistakes when claiming rental property deductions, it is important for investors to get their expense claims right to avoid facing potentially harsh penalties.