Yes, we have all heard “don’t sweat the small stuff”, but if you want a bigger tax refund-do the opposite.
Keep track of all the “small stuff”.
Those small $10 or $20 receipts for things you purchased for your job or business, add up over the year.
If you don’t do this, by the time you get your tax return done, you would have forgotten about a lot of your tax-deductible purchases.
Claim everything you can legally claim.
Make sure you can substantiate ALL of your tax deduction claims.
Please contact me if you need assistance with your Tax Returns, BAS’s, financial reports or Employee Payment Summaries prepared and lodged.