Future-proofing your accounting practice

Helping accounting practices save time and work more efficiently.

INSIGHTS

Protecting Your Clients’ TFN: Why Redacting in Your Client Portal is Non-Negotiable

As an accounting practice, you strive to protect your clients’ details, always ensuring that their sensitive information remains confidential. One essential piece of information is their Tax File Number (TFN). You might think that a document including a TFN within a...

Enforcement of Debt and Director Penalty Notices: Proactive Management is Key

As the ATO takes an increasingly stringent stance on debt, accountants and tax agents need to be more proactive than ever. With the ATO strongly enforcing tax debt there will be a rise in the number of credit referrals and Director Penalty Notices being sent...

Take Time to Simplify Your Processes to Ease Your Workload

While the thought of integrating technology to simplify your work processes might seem daunting, a small investment of time now can pay off with long-term benefits including easing your workload.

Personalised communication is key to client satisfaction and engagement

In the world of accounting, technical knowledge and analytical skills are critical. However, communication skills are equally significant. Communication is the backbone of any successful relationship. Effective communication goes beyond merely conveying numbers; it...

How to Manage Your Clients’ TFN Information and Stay Compliant

As an accounting practice, you have a responsibility to manage your clients' Tax File Numbers (TFN) properly to ensure compliance with the law. Failure to do so can result in investigations and penalties . In this article, we look at the best practices for...