The End of the Compliance-Only Practice: Why Advisory Is Becoming the New Standard
For a long time, many accounting and tax practices were built on a simple foundation: compliance work.
Tax returns, BAS lodgements, bookkeeping, and end-of-year reporting formed the backbone of most firms. It was steady, essential work that kept businesses running.
But the landscape has changed.
Operational Independence: Why Most Are Building Systems, Not Just Businesses
If you are looking to build a more structured and scalable business model, explore how Tax Store can support your journey toward operational independence:
How Accounting Professionals Are Building Careers Differently
If you are exploring a different path in accounting and want to learn how a structured model can support your transition into business ownership:
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Federal Budget 2026 - 2027
On 12 May 2026, the Federal Government delivered its fifth Budget. It was one of the most dramatic and significant budgets in decades. Among other things, it announced that negative gearing would be abolished for property purchased after 1 July 2027 (albeit, grand-fathering pre-Budget arrangements).
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Escaping the "Capacity Trap": Why 2026 is the Year to Trade Your Solo Practice for a Network
In the Australian accounting industry, "busy" used to be a badge of honor. But as we move through 2026, being fully booked has become a dangerous signal. If your calendar is at 100% capacity but your bank account isn’t reflecting that effort, you haven’t built a business—you’ve built a cage.
Welcome to the Capacity Trap.
CGT and options – when is the asset acquired?
There was a recent case before the Federal Court which had to deal with the issue of when is an asset acquired for CGT purposes when an option is exercised to acquire it
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