Tax Assure

𝗗𝗶𝗱 y𝗼𝘂 𝗸𝗻𝗼𝘄: When it comes to the ATO, it's crucial to get your affairs in order and steer clear of any dodgy dealings. - In the last 5 years, the ATO has received 250,000 tip-offs about suspicious tax avoidance and dishonest behaviour. - Fraudulent GST refund claims have spiked, with the ATO cracking down on businesses using related-party structures to obscure transactions. - Businesses involved in these fraudulent activities risk facing the full force of the law. - The ATO is using sophisticated data matching and intelligence to uncover even the most elaborate schemes. 𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲 𝗵𝗲𝗿𝗲 𝘃𝗶𝗮 𝘁𝗵𝗲 The Australian: https://lnkd.in/gZk8as2Q

Is ‘action paralysis’ stopping your clients from moving forward? Tax debt can leave clients feeling frozen with fear and uncertainty. As accountants and brokers, you’re the key to helping them break free and take action. Here’s why action paralysis happens, and how you can help your clients push past it: 1️⃣ Overwhelm: The size of tax debt and mounting penalties can make it hard for clients to even take the first step. But avoiding the issue only makes it worse. 2️⃣ Fear of Consequences: Fear of penalties, legal action, or asset seizures can leave clients stuck. But ignoring the problem isn’t the solution. Inaction makes things worse over time. 3️⃣ Perfectionism & Self-Doubt: Clients often think they need a perfect plan. But the key is starting small. Help them break down the problem and take manageable steps toward a solution. 👉 The solution? Encourage clients to take the first step—whether it's reaching out to an expert or understanding their options. Small actions lead to big changes. 💡 Action is the answer. By breaking the cycle of inaction, clients can start their journey to recovery. For more tips on helping clients face tax debt, check out our YouTube channel: https://lnkd.in/dqj5G-ba

Not 100% across ATO debt? We can fix that. In this video update, Michael Moon and Olga Koskie break down the current state of ATO debt—what’s really happening, why it matters, and the essential steps you need to take to protect your clients. 👉 Watch the update now: https://lnkd.in/gmM7HYph Topics covered: 🔑 Negotiating debt reductions — What works, what doesn’t 🛡️ How to remove ATO penalties — The critical steps you must take 💰 Securing funding — How to ease cash flow and move forward If you're an advisor, accountant, or broker, this will be time well spent!

When it comes to tax debt negotiations, working with experts makes all the difference. 👇 Here’s what a recent client had to say about working with Tom Jollye from our advisory team: This is the standard we strive for — exceeding expectations on all fronts! Expert advice. Real results. That’s what we’re here for. 💪

The ATO is ramping up enforcement of unpaid superannuation guarantee charges (SGC). Small businesses must stay on top of their super obligations to avoid serious penalties. For more, read David Adams’s in-depth article in SmartCompany here: https://lnkd.in/g87b_T6V KEY POINTS: ⚠️ More Penalties for Directors: DPNs make directors personally liable for unpaid super. 💰 Rising Debt: The ATO is increasing efforts to recover billions in unpaid super. 🆕 New Rules Coming: Payday superannuation and higher interest rates will make non-compliance harder.

Every day, we see businesses facing tax debt challenges. The details may vary, but the problem is always the same: they need someone who knows how to tackle it head-on. At Tax Assure, we bring the experience and expertise to make it happen. If your clients are grappling with tax debt, it’s time to bring in the experts. 💪

More great tips from the Tax Assure team! 💡 Want more valuable insights? Check out our YouTube channel. It's packed with interviews, case studies, and in-depth discussions on the key topics that can help save businesses and keep them afloat: https://lnkd.in/dqj5G-ba

Think tax season takes a break? Think again! We asked Tom Jollye, Senior Advisor at Tax Assure, to share his top insights on tackling tax debt. Here’s a glimpse into our conversation — for more details, check out the full article.

🤔The ATO aren't just sending out reminders anymore, they mean business. 😱 Click Here https://lnkd.in/gBubqdwY to get the latest update in my 🎙️podcast📹 with expert, Olga Koskie of Tax Assure in solving ATO issues on behalf of her clients. #ATO #TaxDebt #podcast #business #TaxDebt #BusinessFinance

𝗧𝗮𝘅 𝗱𝗲𝗯𝘁 𝗸𝗲𝗲𝗽𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗰𝗹𝗶𝗲𝗻𝘁𝘀 𝘂𝗽 𝗮𝘁 𝗻𝗶𝗴𝗵𝘁? Tom Jollye has seen it all (or a lot, at least!). 𝗪𝗲 𝗮𝘀𝗸𝗲𝗱 𝗧𝗼𝗺: What’s the best part of your job? What’s your number one tip for managing tax debt? And what’s the most common misconception about dealing with the ATO? 👉 Swipe through for Tom's tips on managing tax debt and keeping your clients' businesses financially stable. With over a decade of experience, Tom is a key part of our advisory team, helping businesses navigate their most pressing financial challenges and secure the best possible outcomes with the ATO. Whether it's securing payment plans or stopping legal action, Tom and the team know the ins and outs of managing tax debt.💪