behind on tax returns pathway
First of all, "Nobody panic! Save the panic for when we really need it."
Our Founder and educator Anna has been where you are. When she started her sole trader journey, as a massage therapist working on an ABN, she avoided her accounting and tax so hard she got nine years behind on her tax returns.
And the first person she helped after she sorted out her own mess was eleven years behind on hers.
So you are definitely not the only one.
In fact, there are so many people out there who are years - and even decades - behind on their tax returns, that the ATO doesn't even blink when you tell them you are.
Read this blog post first
Here's a blog post Anna wrote just for folks like you:
What To Do if You're Years Behind on Your Tax Returns
Then, we recommend you start your Accounting Hero's Journey with these two courses:
Course #1:
Get Ready For That Accounting Stuff
If you don’t know a Balance Sheet from a Profit and Loss from a Chart of Accounts, or even what accounting is exactly, and you have a bunch of head trash around money and accounting, this mini-course is for you.
Get Ready for That Accounting Stuff will help you get your head on straight, learn the fundamentals - what accounting is, and how financial statements work - pick a direction on accounting systems - spreadsheet or software - and learn what to DIY and what to outsource to your accountant or bookkeeper.
Unless your business is complicated, or you're registered for GST, we strongly recommend using Anna's 'smart spreadsheet' to create your accounting database - which she'll give you and teach you how to drive in this course:
Course #2:
That Accounting Stuff - Spreadsheet Edition
If you have a simple sole trader business, only need to record income and expenses, and accounting software is too expensive or complicated for you, check out our spreadsheet accounting course.
