OTCC - OT Week Special Series: Beyond Tax Returns: Why Every OT Needs an Accountant on Their Team
OT Coaching ConfidentialShow Notes
Beyond Tax Returns: Why Every OT Needs an Accountant on Their Team
When should you speak with an accountant, and what support should you expect beyond your annual tax return?
In this episode of our OT Week special series, The people behind a professional life, Alyce Svensk chats with her accountant, Michelle Jardine, BCom, CPA, about the financial questions OTs face as employees, sole traders and business owners.
With 28 years of public practice experience, Michelle shares why early conversations, clear records and a trusted accounting relationship can help you make informed decisions throughout your professional life.
In this episode, we explore:
Work-related expenses, allowances and reimbursements, and why keeping your own records matters.
When to engage an accountant before starting a private practice.
Choosing a business structure that fits your circumstances and future plans.
Preparing for tax obligations when you move into working for yourself.
Whether you need accounting software and how organised records can save time.
The difference between lodging a tax return and proactive tax planning.
Understanding accounting fees, packages and who will support you.
Finding an accountant you feel comfortable with, and changing providers when needed.
Bringing your accountant into conversations about hiring, purchases and business growth.
Speaking up early when deadlines or payments become difficult.
Whether you’re employed or running a practice, this conversation encourages you to ask questions, understand the advice you receive and plan ahead.
About Michelle
Michelle Jardine is a public practice accountant with 28 years of experience helping individuals and small businesses with their accounting and taxation needs. Through Michelle Jardine CPA, she supports clients with clear explanations and practical conversations about their financial obligations and business plans.
Connect with Michelle Jardine CPA
Website: michellejardine.com.au — under construction at the time of recording LinkedIn: Michelle Jardine
This episode provides general information about accounting and taxation. Rules and eligibility may change. Seek personalised advice from a registered tax agent about your circumstances.
More from OT Coaching Confidential
This week's OT Coaching Confidential is part of a special OT Week series, five conversations with the people who stand behind a working professional life, whether you've ever spoken to them or not. The goal isn't to make you an expert in any of these fields. It's so that after listening, you know exactly what questions to take to your own professional.
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