How to Handle a Tax Audit: Tips & Best Practices
Have you ever received an audit notice and felt that sense of panic sink in? You’re not alone. Whether you’re a business owner or an
Whitson Dawson provides a comprehensive range of tax accounting services for all clients in Mackay.
We assist both small and medium-sized businesses with an array of solutions to meet a range of different requirements.
Our taxation services include bookkeeping services & advice, tax minimisation strategies, and financial statement preparation and support.
We provide all our clients with the option of conducting meetings either face-to-face in our office, over the phone, or via video chat.
We provide our clients with comprehensive written reports, advising and guiding them through the sometimes complicated area of managing a business’ financial matters, such as accounting and taxation.
Our tax accountant team can assist in providing expert taxation advice, including all matters relating to GST, capital gains tax, FBT, PAYG, and PAYGW. We can also handle all types of income tax returns for individuals, entities, and superannuation funds.
For further information on our range of services – or to book in an appointment – speak with one of our friendly team members today.
Our team can also assist in processing your business activity statements (BAS) and instalment activity statement (IAS).
Here are some tips when it comes time to preparing your statements:
At Whitson Dawson, we provide all our individual and business clients with comprehensive tax planning strategies, including tax minimisation strategies.
Some items that can be looked into include:
Speak with one of our friendly team members today to book in your next appointment with us.
We provide a wide range of expert advice and recommendations, tailoring our services specifically for your requirements.
One of our many areas of expertise is with estate management, such as with deceased estates.
Our expert team will work closely with you to ensure all paperwork and processes are followed through correctly, allowing a smoother process down the track.
When it comes to statutory reporting, one of the most fundamental things to keep in mind is data management.
Taking into account things like transparency in where it came from, context into why it changed, and control over how it is handled can greatly benefit the reporting process.
Keeping accurate records and information will further strengthen any future financial reporting you’ll need to make in the future.
This will not only aide in maintaining compliance with the ATO but can also enable you to make better business decisions in the future.
Speak with our team today to book in an appointment. Whatever your financial needs, we are here to help.
There is a wide range of Australian taxes that could affect you in one way or another. Some of these include:
With all these different taxes, it’s no surprise that keeping on top of your taxation can be hard – especially if you don’t understand it!
We can help individuals or businesses with tax planning strategies, offering specialist advice and statutory reporting. Whether you require consultancy or accounting information, we are more than happy to provide it.
When it comes to your needs, tax firms should not be concerned with profitable gain but with protecting your interests at all times.
For tax officials that you can trust, get in touch with us today.
Whitson Dawson considers clients on an individual basis, providing effective solutions tailored to you.
Whether you’re an individual, partnership, company, or trust member, we will do our very best to ensure that you stay on top of your taxes and guarantee the best returns.
We have a great team of tax accountants who cover all bases to guarantee future financial stability. This is secured through a careful review of past data which drives future outcomes.
Is there an aspect of your business that’s draining your finances?
Are you struggling to find adequate software to track progress?
We will help you plug leaks and recommend finance management systems so that you can generate reports that will maximise profit.
We always keep your interests at the forefront of everything we do at Whitson Dawson.
Our tax agents have years of experience in representing clients when preparing and lodging tax returns to the Australian Tax Office (ATO).
We will conduct all proceedings in accordance with tax law to guarantee fair and valid tax assessment.
There are various advantages to hiring a tax agent for tax returns. We can help you save time and energy when compared to DIY tax tools.
We know the right questions to ask and will always advise you on what documentation is necessary for review. Before you know it, your tax return is sorted within an hour.
Don’t understand something? Don’t worry! When you lodge a tax return with us, we can take the stress and responsibility off your shoulders. This can save you considerable fines, penalties, or interest as a result of missteps.
What’s more, Whitson Dawson is all about establishing long-term connections with clients. That way, we are able to gain valuable insight into your finances over time and provide bespoke recommendations where necessary.
Do you need help with your tax return? Or are you looking for a tax professional to give advice on your Business Activity Statements? Then Whitson Dawson can help.
We offer a wide range of taxation services, including Inspicio audits, bookkeeping and other valuable resources.
For further information, get in touch with our certified team today on (07) 4957 2985.
For tax agents and accountants that can give you financial confidence and stability, contact us today. We are more than happy to answer any questions you may have about our services.
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