Wondering what the ATO is looking for when you submit your tax return?  If you want to ensure that you’re meeting all your tax obligations, it’s good sense to get a professional tax accountant on board with your business as early as possible. Your accountant will keep you informed and on time with submitting your […]

So you’ve been putting off doing your quarterly BAS or taxes because your financial books are a big old mess. The quickest solution to getting your books back on track would be to outsource the task to professional bookkeepers, like the team at Infinity22.  If, however, you’d prefer to get them back in order yourself, […]

As inflation continues to rise, the housing market cools off, and a global recession looms on the horizon, you might be looking for a new safe haven to park your money. Traditionally property has always been a fairly safe bet in Australia, but at the moment it’s entirely possible that house prices could plunge up […]

Trying to get your head around what you need to track, report and pay to the ATO when it comes to cryptocurrency? If you’re thinking that the ATO doesn’t know what you’re up to – think again.  These days the ATO is fairly savvy on cryptocurrency markets and blockchain technology. So to avoid getting yourself […]

Tracking finances as a business owner can be challenging, especially as a start up. So you might be wondering what the best bookkeeping software is for a startup business.  While bookkeeping software can’t quite replace a dedicated professional bookkeeper, it can certainly help you get a good handle on your finances and cash flow as […]

With more and more people beginning to adopt digital currency like Bitcoin and Ether, you might be wondering how to go about managing your crypto wallet.  How do they work exactly? What are the tax implications? In this article, we’ll answer those questions and more.  How crypto wallets work Unlike traditional wallets, crypto wallets don’t […]

Managing your online business’s finances can feel overwhelming, especially if you’ve never done it before. Not knowing how to manage your online business’s finances properly can lead to all sorts of headaches. Like paying too much tax, incorrectly calculating your business expenses, and more.  But don’t worry, the team at Infinity 22 has got your […]