Tax Talks

Inventory management and point of sale systems go hand in hand, but the focus is different. The systems we will discuss in this episode start with point of sale (POS) and then added inventory management (IM). The systems we discussed in the last episode started with IM and then added POS.

Inventory management systems focus on inventory. They cover point of sale but started in inventory.

Holding a 401K as an Australian tax resident can cost you a lot of tax - but there are ways around it.

Today let’s talk with Bradley Murphy and Darren Catherall of Murphy Tax Lawyers and Advisors in Sydney about the CGT implications when you move from the US back to Australia. And whatever we discuss with respect to Australian tax will apply to relocations from other countries as well. So for Australian tax - disregarding any treaties - it doesn’t matter where you are coming from.

In this s100A Q & A session in our mini-series about s100A ITAA36 we go through all the outstanding questions you still had.

Blue zone arrangements can be saved. With a few tweaks, you can usually move back into the green zone.

The Guardian case will give you a better defence when accused of a so-called 'washing machine arrangement'.

The Jamsek case - together with the Personnel Contracting Case - changed everything as Sam Harverey will tell you.

To decide whether somebody is an employee or contractor, you used to look at the totality of the relationship based on the actual facts. You used to look at the actual work, how the employee is actually working. But this has changed as Sam Harvery of Laxon Lex Lawyers  in Sydney will outline in this episode.

In this TPB Q & A we ask the TPB three important questions about branding, overseas staff, and supervision.

A resident director usually fulfills just one specific role. And that is to meet the ASIC requirement that one director of a private Australian company must reside in Australia.

In this episode, Adam O'Grady, Assistant Commissioner of the ATO, will discuss the taxation of crypto with you.

s100A ITAA36 is about reimbursement arrangements. I pay you something and then you pay me straight back - that sort of arrangement.

So the ATO has been busy – and has issued not one, not two, not three, but four publications in one hit about s100A ITAA97 around unpaid present entitlements and reimbursement arrangements. Today let’s focus on TD 2022/D1 which covers the Div 7A issue around unpaid present entitlements.

What is a staking pool and why would you stake your crypto? And what is a rug pull? These are just some of the questions Harrison Dell of Cadena Legal in Sydney will discuss with you in this episode.

Without a basic understanding of crypto blockchains, you can’t really understand the basics of crypto. So in this episode le’ts talk about crypto blockchains.

In this episode, let's talk about the common distinction between investor v trader, airdrops and rug pulls in smart contracts, and how this is taxed.

How LLC income is taxed in the US  - disregarding any treaty position - depends on three things as Gary Carter will tell you in this episode.

The subdivision of land is not a CGT event itself, but it often comes along with one as Andrew Andreyev will tell you in this episode.

A single member LLC is a disregarded entity for US federal tax purposes. The Australian entity assumes all US federal tax obligations instead.

CGT event K6 never happens alone - it is always triggered by another CGT event as Andrew Henshaw will tell you in this episode.

Div 7A past amendment periods might allow you to get out of jail tax-free.

From PI over FYI and Suite to KarbonHQ - here is Amy Holdsworth with a helpful overview.

Ten thousand Clients - that is what Lucy Cohen of Mazuma Accountants is aiming for. Here she tells you what she is doing to get there.

Pitch your nitch - if this was easy, we would all be doing it. But it isn’t. So let this episode give you some food for thought.