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Irene Watt

Tax-Time Focus for Australian Taxpayers: What You Need to Know

At TaxTank, we are committed to providing the most up-to-date and accurate tax information to help individuals, property investors and sole traders make informed decisions about their tax. The ATO announced yesterday a number of key areas that they will be focusing on this tax time, including rental income, capital gains tax and work-related expenses.

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Image of paperwork with tax spelt out on gold coins
Irene Watt

5 Ways Tax Software Helps Maximise Tax Deductions

Taxes are a necessary part of life, but they can be a real pain to deal with. There are many different deductions that you can take, and it can be hard to keep track of them all. This is where tax software comes in.

The best tax software can help you keep track of your deductions and make sure you’re taking advantage of all the deductions you’re entitled to. This can save you a lot of money come tax time. It can also help you keep track of your tax records so you don’t miss any important deadlines.

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Irene Watt

How to beat the ATO at their own game

Most people remain unaware of their financial position and wait until the end of the financial year to start thinking about their tax return, which gives the ATO a really unfair advantage. Here’s how to beat the ATO at their own game.

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