Owner’s Drawings: What Small Business Owners Need to Know
If I were you, a small business owner, I wouldn’t take any chances with tax compliance and financial management. I’d want someone who knows my business back to front, who’ll help me maximise deductions, and keep me on the right side of the ATO. That’s why I would go to a tax accountant close to me, not someone online or miles away.
Here are my top five reasons I’d make this smart choice.
If I was you, I’d want a tax expert who knows the tax laws and business regulations that are relevant to my area. A tax accountant close to me whom I know well is familiar with:
State-based payroll tax rules
Grants from local government and business incentives
Deductions that are industry-specific, which may lower my tax bill
Such local experience means that I will not lose any opportunity to make tax savings while remaining compliant with tax liabilities.
I’d likely appreciate having the option to meet my accountant. It is a tax accountant close to me that allows me to:
Prep for strategic tax-planning meetings
Gives personalised real-time suggestions based on my finances
Discuss the growth of my business and the best methods to save on taxes
Direct access to my accountant means I’m not just a name in a list—I get tailored service that is in turn good for my business.
If I was a small business, I’d want an accountant close to me that understands my pain. A tax accountant I know well, who works with businesses like mine, knows:
Cash flow struggles and how to deal with them
The best tax structures to minimise liabilities
How to help me plan for future business expansion
Instead of vague advice, a local accountant customises their solutions to align with my business objectives and the market trends.
If I was you I’d want an accountant close to me who can give immediate support if the ATO comes knocking.
My tax accountant can:
Timely respond to ATO queries
Prepare me for audits with minimal stress
Keep me compliant with new tax changes and laws
Being reliant on an out-of-town accountant to respond to my phone calls or emails on a tax issue just isn’t a risk I’d want to take. Having an accountant close to me means I see timely, hands-on help when I need it most.
If I were you, I’d also not want to change accountants every year. For lasting benefits, I’d consider a tax accountant close to me who is familiar with my business:
Learning about my business history & financial capabilities over the years
Actively guiding me to make better financial decisions
Offering assistance during the entire year, not just around tax time
A good working relationship with my accountant means I don’t just get a tax return back—I get a trusted financial adviser in helping me to grow my business.
If I were you, I’d most likely pick a tax accountant close to me. Local knowledge, a personal touch, and proactive financial advice is precisely what all small businesses require to thrive.
So if you’re a small business owner trying to figure out the right accountant, I would recommend finding a tax accountant close to you who understands your business needs and can help you succeed.
And if you are in Melbourne and searching for a tax accountant close to you who dives into solving small business problems, then contact for consultation today. After all, why go for second best?
Your trusted partner for expert accounting, tax, and business advisory services. We simplify finances so you can focus on growth.
Get Your Free Guide Now!
