If you’re an accountant still “guessing” your tax planning fees, you’re leaving serious revenue on the table. Tax planning isn’t a side hustle, it’s a premium advisory service that should systematically generate $30,000+ in Year 1, growing to 50% of your total practice revenue over time. The TaxFitness system gives you the exact fee model…
Read More »
Tax planning in Australia has come a long way. Timeline of tools 1985–2011: Microsoft Excel dominates – flexible but labour-intensive. 2012–2014: QuickBooks, MYOB, Xero Tax + XPM enter the scene – useful for compliance, not planning. 2013–2015: Tax Strategist, Change GPS, Business Fitness – better tools emerge 2017–Now: TaxFitness changes the game. Tax planning is…
Read More »
Most accountants are still reacting to tax. The best firms? They plan it. The ATO says “Tax planning… is the arrangement of financial affairs to keep taxes to a minimum.” But that’s just the starting point. At TaxFitness, we define tax planning as: The proactive and strategic structuring of a client’s financial affairs to legally…
Read More »
Yet real tax savings and business advisory breakthroughs come when you see everything, the full group structure, cash flow, financial history, and the client’s goals. TaxFitness brings it all together so you can deliver high-impact advice quickly, clearly, and confidently. Here’s how it works: One-time setup – Quickly import individuals and entities from XPM, and…
Read More »
Most accountants don’t truly know what their clients want until it’s too late. Tax returns and compliance work tell us what happened. But they don’t tell us what’s important to the client or where they want to go. And if we don’t know what they want, how can we help them get there? That’s where…
Read More »
Many accounting firms struggle to convert clients into tax planning or business advisory engagements. They offer valuable services, but face resistance or indifference. The core issue? They don’t truly understand their clients. Without clear insight into a client’s financial position and goals, firms pitch services that are irrelevant or poorly timed. The client disengages. The…
Read More »
They see the tax return. The final numbers. The result. But behind that are hours of analysis, compliance checks, and strategic thinking they never see. So, how do you show your value and open the door to tax planning conversations? At TaxFitness, we recommend a simple but powerful step: Integrate three quality control checklists into…
Read More »
Most accountants struggle to sell tax planning and business advisory services — not because clients don’t want them, but because the practice doesn’t understand the client. Here’s the truth: If you don’t know your client’s current financial position… If you don’t know what they actually want to achieve… Then of course you’ll struggle to sell…
Read More »
Most accounting practices have nailed the system for tax returns, BASs, and financials. But when it comes to tax planning, too many are still winging it – and it’s costing them. Without proper systemisation, tax planning becomes: Ad hoc and inconsistent Offered to only a select few clients Priced too low – or worse, not…
Read More »
Most accounting firms want to offer tax planning—but few have the systems to do it well. The TaxFitness 10-step tax planning process gives your practice a clear, repeatable method to deliver real value to clients and grow your advisory revenue with confidence. Here’s how it works: Step 1: systems and practice integration Embed tax planning…
Read More »Similar posts you may like
- The Farm Horse Tax of 1797
In 1797 Great Britain introduced a farm horse tax on horses and mules that were used in husbandry Read more
- Witches tax
In 2011 Romania started taxing witches, astrologers and fortune-tellers. Previously these obscure professions were Read more
- Historical Tax Avoidance
Tax avoidance has been around as long as taxes. One historic example of tax avoidance still evident today was the payment of window tax. Read more
- Seven Recession-Proof Businesses
The best recession-proof businesses sell a product or service that is necessary or legally required. This is to be contrasted with nice-to-have purchases or Read more
"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"
- Bono: U2