Category: accounting
The $1,000 deduction won’t hurt all firms, only the ones built on volume
The $1,000 standard deduction won’t wipe out accounting firms overnight. It will do something far more dangerous. It will quietly remove work. Australia has ...
$1,000 standard work-related deduction
From 1 July 2026, the ATO is introducing a $1,000 standard work-related deduction. If your deductions are $1,000 or less, you’ll be able to claim ...
Christmas parties, gifts & tax: what actually works!
Every December I see businesses make the same mistake. They spend good money on Christmas parties and gift and accidentally make them tax-inefficient. A ...
Most small businesses don’t actually know which jobs make them money
They think they do. They don’t. Sales are up. The bank balance says otherwise. When we look under the bonnet, the issue is usually ...
What Really Drives the Value of a Bookkeeping Practice?
When most bookkeepers think about selling their practice, they focus on one number: revenue. But buyers don’t buy revenue, they buy recurring revenue, stable systems, ...
Actors, dancers & entertainers – what you can and can’t claim at tax time
Entertainers have some of the most complex deduction rules of any profession. Between auditions, rehearsals, performance gear, headshots, and constant skill development, it’s easy ...
Accounting clerks: what you can and can’t claim at tax time
If you work as an accounting clerk, bookkeeper support, or in an admin/finance role, tax time can be confusing. We see a lot of people ...
The referral system every accounting practice should be using
Most accountants say referrals are their best source of new clients — but very few have an actual referral system. And that’s the problem. Good referrals don’t ...
Small changes create big results — that’s the Power of One.
At Success Tax Professionals, we show clients a simple truth: You don’t need massive changes to improve your business. Often, 1% shifts in the right ...
Most business owners don’t have a financial growth plan, they have a busy plan
They work hard, put in the hours, and hope growth will somehow follow. But hope isn’t a strategy. A financial growth plan changes that. It ...