Financial literacy isn’t a skill – it’s a lifestyle. Take it from Curtis “Wall Street” Carroll. As an incarcerated individual, Carroll knows the power of a dollar. While in prison, he taught himself how to read and trade stocks, and now he shares a simple, powerful message: we all need to be more savvy with our money.

You generally make a tax loss when the total deductions that can be claimed for a financial year exceed the total of assessable and net exempt income for the year.

The general rule is that you can claim deductions for expenses your business incurs in its task of generating assessable income. Many of these deductions are obvious – rent, materials, supplies and so on – but there are also some less obvious options left available just before the end of the income year, should your circumstances suit, to further reduce your enterprise’s tax burden for the year.

The ATO has progressed its talks and work with industry to implement events-based reporting in the SMSF sector, and reassured professionals it may not be as regular as some had initially thought.

The hard choices – what we most fear doing, asking, saying – are very often exactly what we need to do. How can we overcome self-paralysis and take action?

Tim Ferris encourages us to fully envision and write down our fears in detail, in a simple but powerful exercise he calls “fear-setting.” Learn more about how this practice can help you thrive in high-stress environments and separate what you can control from what you cannot.

Just when many Australians are considering getting away for a mid-winter break, the ATO is reminding taxpayers that it is paying close attention to rental properties located in popular holiday destinations around Australia.

If you’re coming in soon to discuss your tax return for yourself or your business, try not to turn up completely empty handed, or at least to turn up prepared with some records or electronic access to them.

Thousands of computers around the world are becoming infected by a fast spreading ransomware. Big businesses are getting hit. An entire hospital is shut out of its system, and suddenly, it’s everywhere – the next big ransomware attack.

Before becoming business partners, James Kingi and Ben Blue were both independent contractors installing fire sprinkler systems. With 30 years of experience between them and with independent strengths complimenting each other, they realised the benefit of joining forces. The aim: to build a sustainable business which would increase personal wealth and provide a good lifestyle…

Dan Bricklin changed the world forever when he co-developed VisiCalc, the first electronic spreadsheet and grandfather of programs you probably use every day like Microsoft Excel and Google Sheets. Join the software engineer and computing legend as he explores the tangled web of first jobs, daydreams and homework problems that led to his transformational invention.