1. Tax Trap ... whoops.
When a taxpayer borrows money for the purposes of acquiring an investment, such as a rental property, a business, a share portfolio or an income generating capital asset, the interest expense associated with the investment … Read more
The Gold Standard for being “Investment Ready”
In an ideal world, business owners have me plan their exit strategy 5 years before a sale is even contemplated. It can be very rewarding to get this right!
But the real world can be very different.
Sometimes owners simply get tired of … Read more
2024 Tax Planning Checklist
Just a few smart things can save you a lot of tax. Legitimately!
1. Instant Asset Write Off
Yes, it is still available, and the amount has increased from $20,000 to $30,000, plus it is now available for businesses with turnover up to $50 million … Read more
Advisory Boards Evolve from Strategy Plans
Last year, a smart young (possibly disbelieving & skeptical) attendee at a Business Strategy Plan asked: “How can we ensure that these issues and the actions arising from this Strategy Plan will be enacted upon”?
Excellent question. She … Read more
