July 17, 2017 by Medvisor
Accountant, Business, Finance

Is Your Hobby Income Deductible As Tax?

Ever wondered if your hobby income could be deductible as tax? This is some important information you need to know. Hobby is anything extra we do in our spare time. We all have certain hobbies, and some of us are so involved in it that it becomes difficult to distinguish if it’s a mere hobby, or business. It's important to understand the differences between a hobby and a business for tax, insurance and legal purposes. Some key questions to consider include: Is the activity being und more

July 6, 2017 by Medvisor
Accountant, Business, Business Planner, Finance

Have A Long Term Goal? Financial Advisors Can Help You Get You There

After years of lurching in financial disturbances caused by recession and financial crisis, the world is, once again, looking to the future. The renewed confidence has many people looking forward for their long term goals that, just a few years ago, appeared out of reach. However, as people have already learnt, simply having a long-term goal, irrespective of being an early retirement or a college education plan for your children, is never enough. A financial objective is a life destination th more

June 30, 2017 by Medvisor

Guidelines To Find The Best GP Practice Accountants

A GP (General Practitioner) Accountant can help ensure that you have an effective financial management in place and that you are complying with the relevant tax and meeting the reporting deadlines. Some of their duties are mentioned below: Preparation of annual partnership accounts Preparation of annual personal income and expense statements Preparation of partnership and personal tax incomes Preparation of retirement certificates Advice regarding new and retiring partners more

June 28, 2017 by Medvisor

Retaining Tax Reimbursement By Employing A Professional Accountant.

What is Tax Reimbursement? Tax reimbursement is a refund on taxes when the tax liability is lesser than the taxes paid. Tax payers can obtain a tax reimbursement on their income tax, if the tax they owe is lesser than the sum of the total amount of the withholding taxes and projected taxes that they have paid, plus the refundable tax credits that they have claimed. They need further attention and valuable leadership for successful transactions. Many doctors choose locum work rendering to t more

June 21, 2017 by Medvisor

Manage Your Firm with the Best Accountants in Melbourne

Checking through the different financial transactions all through the year is a tedious job. And it becomes all the more challenging when you are managing and handling your business all by yourself. Irrespective of the size and the turnover of your organization, it is extremely vital to pay attention to the financial statistics of the firm. The Need of Qualified Professionals If you think that being a small business entity you don't need the services of a financial expert to handle and eva more

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