tax planning

Tax planning has evolved – has your firm kept up?

3 April 2025
accounting technology

Over the past two decades, accounting technology has transformed every aspect of practice management. Financial statements, budgeting, and tax returns are now automated and streamlined. Now, tax planning is undergoing the same shift – driven by advanced, AI-powered software. From manual to strategic What was once a slow, ad hoc process has become a high-value…

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Tax planning vs. tax avoidance: why the difference matters

1 April 2025
tax planning vs avoidance

  When it comes to helping clients minimise tax, the difference between tax planning and tax avoidance isn’t just technical—it’s about ethics, intent, and risk. Tax planning: smart, strategic, and compliant Tax planning is the legal and ethical process of organising your clients’ financial affairs to legitimately reduce their tax liability. It’s proactive, strategic, and…

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Why tax planning is essential for business owners & how to get it right

27 March 2025
tax planning business owner

Tax compliance is a legal necessity, but tax planning? That’s where real financial impact happens. Yet, many businesses overlook this powerful tool—leaving thousands of dollars in tax savings on the table. A structured tax planning process helps reduce tax, increase cash flow, and protect assets. Here’s how it works: The 10-step tax planning process Understand…

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Boost revenue & stand out with the TaxFitness tax planning course

25 March 2025
TaxFitness training course

If you’re still only offering tax compliance services, you’re leaving serious money on the table. Included in your TaxFitness annual subscription, the self-paced tax planning course shows you exactly how to unlock an extra $30,000+ in fees in your first year—without adding a single new client. Here’s what you get:  Proven 10-step process to deliver…

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Double your fees without more clients

20 March 2025
gold bart chart running

Most accountants undervalue their expertise by focusing only on compliance. but what if you could double your fees, or even more – without chasing new clients? The answer: tax planning + business advisory + benchmarking. Your clients don’t just need tax returns; they need strategic insights to improve cash flow, profitability, and business performance. They…

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Skyrocket your practice’s profitability with TaxFitness premium

18 March 2025
TaxFitness Premium

Are you earning less than $100,000 per year from tax planning and business advisory? If so, you’re missing out on massive revenue potential—and it’s time to change that. Why TaxFitness premium is a game-changer Earn more, work Smarter – stop undercharging for high-value services. We’ll show you how to increase your fees while delivering more…

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Why most accountants are leaving money on the table and how to fix it

11 March 2025
money on the table

Public practice accountants are missing huge opportunities – simply because they focus too much on compliance work. BAS, tax returns, and financial statements are essential, but they’re just the bare minimum. Imagine two dentists: Michael only does cleanings, fillings, and scaling. Steven offers all of that – plus whitening, veneers, crowns, and root canals. Who’s…

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Tax Planning: the ultimate game-changer for accountants

6 March 2025
business meeting

Tax planning isn’t just about reducing tax, it’s about unlocking massive financial opportunities for your clients while generating high-value, recurring revenue for your practice. Why tax planning is a must-have service When executed correctly, tax planning: Delivers significant, legal tax savings for clients. Turns tax planning into a year-round, high-fee service. Strengthens client relationships, increasing…

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What is tax planning? The secret weapon of smart accountants

4 March 2025
What is tax planning

Many business owners and individuals assume tax planning is just about lodging a tax return on time. Wrong. That’s tax compliance. Tax compliance = meeting legal tax obligations (like lodging a return). Tax planning = proactively structuring finances to legally minimise tax and maximise benefits. Why tax planning is a game-changer Tax planning isn’t about…

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"You’d be stupid not to try to cut your tax bill and those that don’t are stupid in business"

- Bono: U2