How do you show Australian companies in US returns? Seth Hertz of US Expat Tax has the answer.
Author Archive for: Jan
You are here: Home1 / Jan Twilight
About Jan Twilight
This author has yet to write their bio.
Meanwhile lets just say that we are proud Jan Twilight contributed a whooping 225 entries.
Cross-border royalties – what do you need to look out for when your client pays royalties to an entity overseas?
As a non-US tax resident, should you run your US business through an LLC or C-Corp?
To block or not to block – that is the question Clint Harding and Alex Rasmussen will discuss with you in this episode.
When your clients expand into the US, here are the types of US corporations to choose from.
Here are 7 important concepts in international tax. Understand those and you got the basics.
The Institute of Certified Bookkeepers is about bookkeepers helping bookkeepers helping clients.
A Private Ancillary Fund allows you to claim a tax deduction while still retaining some control of the trust funds.
In this episode Patrick Huang will go through 10 child maintenance trust questions you sent in.
When would you consider building on land you don’t own? Here are three scenarios.
Here is Scott McKenzie with 7 factors that make a business breakup easy or hard.
What happens to your family home when your parents die? Here are Amanda Morton and Paul Goldin with some insights.
Who gets the beach house? What are the advantages of moving it to a testamentary trust?
A child maintenance trust can save you a lot of tax but it comes at a huge cost as Simon Bacon of Manby & Scott will tell you.
What do you do when the ATO calls you because one of your clients hasn’t paid their BAS and IAS?
In our last episode with Jeri Wambeek of WAO Connect we discussed ERP systems with you. In this episode, let’s ask Jeri three listener questions about ERP.
Queensland COVID-19 business support ranges from $10,000 to $30,000 for employing business.
ERP systems are different to Xero in four ways. Here is Jeri Wambeek of WAO Connect with the details.
There are three NSW Covid-19 business support grants. Let’s look at the 12 conditions they all share.
How do you buy farmland as a GST-free ‘going concern’? Here is Geoff Stein of BWS Lawyers in Sydney with the details.
How should you structure property development?
Here is an unfair contract case study to show you how the unfair contract term provisions work.
The unfair contract term provisions might help you to get out of an unfair contract.
PSI or PSB? The answer can cost or save you tax. Here is Andrew Henshaw of Velocity Legal in Melbourne with the details.
What changed on 1 July 2021? No rock the boat changes but still important to know. Here are 11 changes to look out for.
The CGT treatment of pre-CGT shares and company assets keeps causing confusion, so here is a handy overview.
When you structure a farming business, there are many factors to consider. Asset protection, flexible timing of distribution, income tax, capital gains tax
Accountants in the Cannabis industry can shape and help grow a booming industry that is still in its infant shoes.
The Australian cannabis industry is highly regulated but an emerging market with huge opportunities.
Farm succession is all about avoiding surprises. And you do that by dealing with it during your lifetime.
In December 2020 Treasury issued a discussion paper labelled “Education and Training expense deductions for individuals”.
The cost of paying less tax is about opportunity cost. What do you miss out on when you focus too hard on saving tax?
This year’s budget is about stimulating growth in a post-COVID world. Andrew Henshaw will discuss these with you in this episode.
The sale of professional services firms often include a vendor finance arrangements, but beware the fineprint.
Xero and Shopify come with inventory management software – a simple one, but one nevertheless. How far can they take you?
How do you structure a hobby farm in the most tax effective way? Here is Andrew Henshaw of Velocity Legal with more.
The timing of the declaration of trust over the LRBA property is crucial. Here is Geoff Stein of BWS Laywers with more.
The taxation of IP is about CGT, depreciation, instant asset write-offs and tax incentives. Here is Melissa McGrath with more details.
Intellectual property is a right. It is only property as such to the extent you have a right to it. Here is Melissa McGrath with more.
How to you expand into New Zealand? What GST and income tax implications does this have? Here is Mike Reddy of NZTax.com.au.
What happens to your tax position when you expand overseas? Here is Clint Harding of Arnold Bloch Leibler in Sydney with the anwer.
Investing in overseas shares through a company can result in withholding tax leakage as Clint Harding of Arnold Bloch Leibler will tell you.
How do you do an accounting podcast? Dan Osborne and Tim Garth of ‘The Two Drunk Accountants’ tell you in this episode.
In some ways CATS Accountants is just a normal practice with a turnover of $1m. But in other ways they are quite unique and unusual.
Child support payments – what to look out for? Simon Bacon of Manby & Scott is a family law lawyer specialising in child support arrangements, so perfect to ask how child support works.
How do you treat the US stimulus cheques in Australian tax returns? Seth Hertz of US Expat Tax in Sydney will give you the answer.
Property development within an SMSF can be done but is fraught with danger as Bryce Figot of DBA Lawyers will tell you.
Is it always true that losses need an FTE? Let’s talk about when an FTE makes sense and when it doesn’t.
In this episode Paul Mackenroth of Cleary Hoare in Brisbane goes through ten of your testamentary trust questions.
Finally, the last episode for 2020 – the Top 10 Podcasts for Australian Accountants 2021.
There has been a significant testamentary trust law change affecting how distributions to minors are taxed.
Will going AWOL save you money? What happens when your company keeps trading but ignores all ASIC and tax debts?
Tax software doesn’t get much limelight. But in this episode with Alan Fitzgerald it will.
Director penalty notices are the ATO’s tax collection tool of last resort to get what they are owed – by going straight for a director’s personal assets.
If you look at the work done in your practice, chances are trusts – especially discretionary trusts – take up a disproportionate amount of time.
For small to medium companies the size and type of company capital usually doesn’t matter. But sometimes it does.
What is the difference between company constitutions and shareholder agreements? Should you just have one or do you need both?
In this episode Geoff Stein of Brown Wright Stein Lawyers in Sydney will discuss 3 ways to save land tax.
How do you tell whether somebody is an intern or employee? Where does an intern stop and employee start?
In this episode Geoff Stein of Brown Wright Stein Lawyers in Sydney will discuss ways with you to reduce stamp duty.
Any company can do a share buyback. The question is just whether it should. Here is Emily Pritchard of ACIS with more.
There are two ways you can tax deduct your home loan, but they aren’t what you probably think.
Is your home-based business CGT safe? Or will you be hit with a huge tax bill when you sell your family home?
In this episode Emily Pritchard of ACIS walks you through 9 common issues around trust deeds.
This is urgent. Act before 31 December 2020 to avoid foreign trust status by default for discretionary trusts holding residential property in NSW.
Qualifying for the 15 year exemption depends on you passing the ‘in connection with your retirement’ hurdle.
Here are the 10 most important tax concessions announced on budget night 6 October 2020.
s109T is an issue when the recipient of a Div 7A loan isn’t a shareholder but minimum yearly repayments are financed via a dividend.
The Full Federal Court has overturned the Federal Court’s Eichmann Decision. Here is Andrew Henshaw of Velocity Legal in Melbourne with more.
What exactly does it mean for an asset to be used in the course of carrying on a business? This is the question the Eichmann case brought before the courts.
Your tech stack can be a waste of money or can propel you to the next level. It all depends on how you built it to do what.
To find a niche and grow a community in that niche will allow you to exponentially grow, as Aly Garrett in Adelaide will tell you.
Retirement villages come with long and confusing contracts in tow. Here is John Saunders with some insights.
Here is Paul Mackenroth of Cleary Hoare about what happened with the family provision claim in the Marsella case and how to avoid it.
The Marsella case changed forever how SMSF trustee discretion is exercised. Here is Paul Mackenroth of Cleary Hoare with more.
Jobkeeper 2.1 has two significant changes to Jobkeeper 2.0. What these are, Andrew Henshaw of Velocity Legal in Sydney will tell you in this episode.
What happens to pre-CGT company assets at the death of the original shareholder? Here is Paul Mackenroth of Cleary Hoare with the answer.
What is a special disability trust? What can or can’t it do? And why would you set one up? Here is John Saunders with some answers.
How much does it actually cost to build you a proper funnel that brings you clients?
In this episode Nathan Watt of Watson & Watt will tell you how he designed his lead funnel and grew to 100 client groups within 3 years.
In this episode Melissa Donnelly shares 12 insights about website design that you can apply to your own website.
The upcoming Jobkeeper changes will affect whether you continue to qualify and how much you get if you do.
The current COVID-19 crisis might make more businesses eligible for the small business CGT concessions due to lower market values.
Bucket company to the side or interposed holding company? Here is Geoff Stein of Brown Wright Stein Lawyers with some insights.
COVID-19 debt hibernation: All debts put into a box and locked up until 24 September 2020. Here is Ben Sewell of Sewell & Kettle with more.
COVID-19 tenancy law is fuzzy, so it all comes down to negotiation or – if you can’t agree – the tribunals, as Ben Sewell will tell you in this episode.
COVID-19 insolvency law is to help you survive. To get through this crisis alive. Here is Ben Sewell of Sewell & Kettle with the details.
Accounting expo tours are a new idea and a good one. Here are Amy Holdsworth and Ian Walker of Clarity Street with more.
What apps you would put around the core apps of your accounting practice? Amy Holdsworth and Ian Walker with more.
What apps should sit at the core of your accounting practice? Here are Amy Holdsworth and Ian Walker of Clarity Street with some insights.
How to run an offshore team? In three words – Make No Difference – treat your offshore team like your Australian team.
COVID-19 payroll tax relief will save you money. Andrew Fricot of Payroll Tax Solutions will tell you how much.
What options do you have and what does it cost? Here is Nick Sinclair of TOA Global with some insights.
Cherry pick from the big end of town. Here is Melissa Donnelly with 5 marketing hacks to learn from the big guys.
How to create killer content and deliver it. Here are 12 tips from Melissa Donnelly of Affinity Communications to do just that.
Contention marketing is a marathon. So choose a channel you enjoy. Here is Melissa Donnelly with some insights.
Converting conversations into clients takes skill. Some of us find it easy. Most of us find it the hardest part of it all. Here is Melissa Donnelly.
There are three new Jobkeeper rulings – PCG 2020/4, PSLA 2020/1 and LCR 2020/1. Here is Andrew Henshaw of Velocity Legal with the details.
What land tax and stamp duty surcharges does a foreign trust pay in Queensland, NSW or Victoria?
Things have become more flexible under COVID-19. In this episode Ben Thompson of Employment Hero will tell you how.
Tax Talks is Australia’s tax news podcast for tax professionals. Informative, entertaining and free.