In August 2023, Saqeb joined the Hoffman Kelly team as one of our fantastic accountants. We took the opportunity to sit down with Saqeb and learn about his interests outside of the office. If you could only watch one movie for the rest of your life, what would it be? The Dark Knight Rises. Who [...]
Budgeting stands as the cornerstone of financial management for businesses of all sizes. In essence, budgeting isn't just about crunching numbers; it's about understanding your business' financial pulse, setting achievable targets, and steering your enterprise towards success. Let's delve into the realm of budgeting and unpack the fundamentals that need to be considered for [...]
In recent months, Australia’s government has shifted away from the long-promised Stage 3 tax reforms, originally legislated to mostly benefit high-income earners, to changes which instead benefit workers at lower income levels. These shifts have ignited discussions across various sectors. While sitting in a hospital waiting room for what seemed like an age, I [...]
Having a solid understanding of profitability and margins is the bread and butter of any successful business. These financial metrics serve as vital signposts, guiding business owners toward informed decisions that can bolster their bottom line and ensure long-term success. So, let's explore the fundamentals of profitability and margins, and unpack actionable strategies to [...]
Jayden is a Client Manager at Hoffman Kelly, who joined the team over seven years ago when he was just an undergraduate. We sat down with Jayden to learn a little bit more about him outside of the office. If you could only watch one movie for the rest of your life, what would it [...]
As the holiday season approaches, many of us are eager to spread Christmas cheer through gifts and donations! While the joy of giving is undeniable, before you dive headfirst into the festivities, it's essential to consider the tax implications associated with your generosity. This guide will help you navigate the complexities of tax deductions, [...]
Cindy joined the Hoffman Kelly team in July 2023 as a client manager. We sat down with Cindy to learn a little bit more about her outside of the office. If you could only watch one movie for the rest of your life, what would it be? Soul Surfer. The movie is based on [...]
In the dynamic world of small businesses, offering enticing employee benefits can be game-changing for staff recruitment and retention. From additional super contributions to providing perks like motor vehicles, phones, and concert tickets, these offerings not only enhance your employees' experience but also carry significant tax implications that need careful consideration. Let's delve into [...]
Eric’s journey started at Hoffman Kelly during his last year of undergraduate studies. He is now an accountant and has been working at the firm for five years. We sat down with Eric and asked a few questions to find out more about him outside of Hoffman Kelly. If you could only watch one movie [...]
Growing a competitive manufacturing or construction business is like training for a marathon. You wouldn't just show up and start running, right? You'd need a plan, some practice, and a bit of discipline. The business world is a lot like that marathon track, especially nowadays when costs are high and delays can really throw [...]
