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business audit

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How to safeguard your business against future audits

How To Safeguard Your Business Against Future Audits

Last year the ATO scrutinised over 760,000 business operations, resulting in, close to, an extra billion tax dollars for the Australian Government. While an audit can be a good learning experience for business owners, it can also be a time-consuming... Read more

How to avoid audit agony

How To Avoid Audit Agony Imange

For most small business owners, the thought of getting an audit notification from the ATO is horrifying. But if you’re well prepared, patient and co-operative audits don’t have to be as painful as they sound. The ATO orders audits based... Read more

Business audits: does your business need one?

We are super excited to welcome our auditing extraordinaire, Adam Brown into the fold. Adam completes our full service structure at 542 Partners and leaves no stone unturned to get under the skin of our clients businesses. Most business owners... Read more