Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Australia Welcomes Back International Tourists After almost two years, vaccinated international tourists and business travellers began arriving in Australia with few restrictions. Prime Minister Scott Morrison said 1.2 million people had visas to […]
How to Keep Track of Business Expenses for Taxes
Tracking business expenses can be tedious. Without proper attention and strategy, small business owners can quickly fall behind in keeping their financial records up to date. Tracking your business expenses allows business owners to easily see the whole picture of their business’s finances. Accurate bookkeeping will allow business owners to predict when they’ll break even, […]
How to Keep Track of Business Expenses for Taxes
Tracking business expenses can be tedious. Without proper attention and strategy, small business owners can quickly fall behind in keeping their financial records up to date. Tracking your business expenses allows business owners to easily see the whole picture of their business’s finances. Accurate bookkeeping will allow business owners to predict when they’ll break even, […]
Forms 1099-NEC and W-9 explained
Are you feeling unsure about how to fill out Forms 1099-NEC and W-9? When the time of the year rolls around to prepare these forms, you might struggle to remember how exactly to go about it. In this article, I’ll explain how to fill out Forms 1099-NEC and W-9. Form 1099-NEC for Non-Employee Compensation Non-employee […]
Business Update – 16 February 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Booster Shots Now Required To Be Fully Vaccinated Australians will need to receive booster shots to be considered fully vaccinated against COVID-19, although authorities said foreign travellers will continue to need only two […]
Business Update – 9 February 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Borders to Reopen to International Travel The borders will be reopened to vaccinated tourists and other visa holders from 21 February. Unvaccinated travellers who have a medical reason for not getting inoculated will […]
Behind the scenes at 5 Minute Bookkeeping
If you’re here, you’ve likely heard of the 5 Minute Bookkeeping blog, and maybe the 5 Minute Bookkeeping YouTube channel, too. I love interacting with our community online, and I thought that for a change, you might want to see a behind the scenes look at how I put together the videos for my YouTube […]
