Solve 2 Evolve: An accounting podcast for business owners

Check out the latest episode of the Solve2Evolve podcast where we discuss the top 3 tax benefits of having multiple SMSFs. Learn how you can maximize your savings and investments by taking advantage of these tax advantages. Watch now to stay informed and make the most of your financial planning.

Join us as we provide valuable insights to help individuals, taxpayers, investors, and business owners navigate the current landscape in Australia. In this episode, we discuss how businesses can combat high-interest rates, inflation rates, PSI arrangements, and the seven income elements of a reinvested dividend. Subscribe to our podcast for more practical advice and solutions! Resources mentioned in this epsisode: 00:00 Introduction 02:43 Impact of High-Interest Rates and Inflation on Businesses 11:19 Strategies to Combat Inflation for Businesses 23:15 Understanding PSI Arrangements 29:53 80/20 Rule and Its Impact 33:44 Benefits of Dividend Reinvestment Plans (DRIPs) 39:56 Encouraging viewers to explore further information

In this episode of the Solve2Evolve podcast, Phil, Bloxy, and Jono discuss important topics for taxpayers, investors, and business owners in Australia. The chapters covered include "Getting Ready for Tax," "ChatGPT: AI for Business," and "Changes in Property Tax." They provide valuable insights and tips on preparing for tax returns, leveraging AI technology for business benefits, and navigating the evolving landscape of property tax. Stay informed and make the most of these crucial aspects of financial management. Chapters: 0:00:00 - Introduction and podcast setting 0:01:00 - Getting ready for tax: Tips for maximizing tax refunds 0:03:00 - Making the most of tax concessions and planning for future tax processes 0:05:00 - The importance of regular tax planning and reaching out to professionals 0:08:00 - ChatGPT: AI's potential benefits for small businesses 0:09:00 - Exploring the uses of ChatGPT in marketing, content creation, and process development 0:12:00 - Pros and cons of using ChatGPT for business operations 0:15:00 - Property tax changes: Focus on Victoria and implications for investors 0:16:00 - Overview of stamp duty and annual property tax in commercial properties 0:17:00 - Temporary surcharge and reduction in land tax thresholds in Victoria 0:19:00 - Considerations for tax structuring and regulatory risks in land investments 0:21:00 - Potential future reforms in property tax and the need for ongoing awareness 0:24:00 - Impact of policy changes on property investors and strategies to navigate them 0:28:00 - Conclusion and the importance of seeking professional advice for tax management

Phil, Bloxy, and Jono discuss year-end planning for business owners and individuals in Australia. They emphasize the importance of reviewing past goals, setting new goals, and creating a financial budget or forecast for the next 12 months. They also highlight the need for accountability and tracking progress towards these goals. Additionally, they discuss topics such as: - documenting asset purchases and sales - optimizing personal finances - utilizing carry-forward super contributions - managing direct loan balances - reviewing capital expenditure before the end of the financial year, and considering tax implications for cryptocurrency investments.

We are back after a successful pilot season to bring you month insights into the world of accounting and tax for SMEs and high net worth individuals. In this episode the solvers share the highlights (and low lights) from the 2023 federal budget - this episode is so big, we had to split it into two. Enjoy!

Interpreting tax law is like performing rocket science. Difficult. The Solvers share their knowledge on how high-net worth individuals and businesses can overcome the most common tax problems.

Nobody likes the taxman. In this episode, the Solvers share their tips ‒ from an accounting perspective ‒ on tax efficient investing, understanding Australia’s cryptocurrency tax regulations and keeping your business out of the red.

Learn about different business structures, how to transition from a partnership to a company, and why cash flow is king when growing and scaling your business. Small disclaimer that this episode is a tad longer than the others, but we promise it is worth the listen.

Accountants are much more than tax advisors. Discover the different specialty areas and knowledge of the Solve Accounting team and the value advisors bring to businesses and individuals.

Meet Phil Khao, Chris Bloxham and Jono Wilkes, three ambitious and passionate accountants who form Solve Accounting.

In this video, we discuss the common mistakes to avoid when setting up a Self-Managed Super Fund (SMSF) and investing in cryptocurrency. Understanding these pitfalls allows you to make informed decisions and safeguard your financial future. Watch now to learn more and avoid costly mistakes in managing your SMSF and crypto investments

Here is a link to your free e-book:⁠https://www.solveaccounting.com.au/resources/download-our-free-ebook-franchise-success-strategies/ In this episode of Solve2Evolve, we share 8 essential tips every aspiring franchisee needs to know! Whether you're a seasoned entrepreneur or a first-timer, these insights will set you up for success. Don’t miss out—hit play now and start your franchising journey with confidence!

After recording our last episode, we had some good questions from our producer. This episode is the answers to those questions. Looking at SMSF from the extremes of life stages - kids and people approaching retirement. Chapters: 00:00 - Introduction 00:51 - Can you hold crypto in SMSF? 01:42 - Why is liquidity in an SMSF so important? 03:50 - What can and can't accountant advise?

In this episode of the Solve2Evolve Podcast, Jono Wilkes, Director of Solve Accounting, and Chris Bloxam, Founder and Director, discuss the top 5 considerations before setting up a Self-Managed Super Fund (SMSF). They cover the importance of a clear investment strategy, contributions, and the simplicity of management. Watch now for valuable insights and tips.

Avoid getting caught off guard when buying into a franchise! In this Solve2Evolve Podcast episode, we discuss the top 5 things to consider before entering a franchise business. If you're thinking of buying a franchise, you need to hear this! Watch now to ensure you're well-prepared for this important decision. Chapters: 00:00 Introduction 00:35 Geography Importance 03:03 Speak to Franchisees 06:24 Partner with Accountant 13:12 Avoiding Trusts 17:34 Exit Plan 18:54 Conclusion

Get ready to level up your financial game with the newest episode of the Solve2Evolve podcast! In this edition, we dive deep into essential EOFY Tax Tips to help you optimize your taxes like a pro. This episode has everything you need to optimize your finances from deductions to investments before the EOFY deadline hits. Don't miss out on this exclusive opportunity to easily secure your financial future.

In this special episode of the Solve2Evolve Podcast, we dive into Jim Chalmers' third budget as treasurer of Australia. Today's episode is all about breaking down the budget and discussing its implications. If you want to stay informed and learn more about the budget, make sure to watch now.

Are you a main resident carrying on a business? In this episode of the Solve2Evolve podcast, we discuss what business owners should be considering or doing during high inflationary economic times. Watch now to learn valuable insights for navigating uncertain economic conditions.

In this episode of Solve2Evolve podcast, we sit down with Tommy Murphy, the founder and owner of A1 Connect, a video production business specializing in media buying for B2B companies. Join us as we delve into the world of B2B marketing strategies and learn from Tommy's expertise in the field. 00:00 Introduction 00:19 Video Strategy 01:14 A1 Connect 04:30 Entrepreneurship Journey 07:20 Business Evolution12:02 Algorithm Insights 22:34 Content Creation Tips 27:37 Algorithm Nuances 30:42 A1 Content Club 33:18 Tracking Content Success 36:03 Final Thoughts https://tommy-wao25wid.scoreapp.com/

Welcome to the Solve 2 Evolve Podcast! Join us as we chat with Harrison Dell, the visionary founder of Cadena Legal, renowned for his expertise in tax and legal advisory, with a special focus on crypto assets and technology ventures. Clients rave about Harrison's unique blend of creativity and practicality. Curious to learn more? Tune in now!