Rick Fitzpatrick Email & Phone Number

New South Wales, Australia

The average law firm pays thousands more in taxes each year. That’s thousands of dollars of hard-earned profits lost to the ATO. And as your business grows, you end up paying even more. That’s dozens of hours of work, late nights and weekends at the office, that you’re not getting paid for. Just imagine how much faster you could grow, and how much easier life could be if you had more to invest in the business. That’s what our tailored tax strategy can help you… Show more The average law firm pays thousands more in taxes each year. That’s thousands of dollars of hard-earned profits lost to the ATO. And as your business grows, you end up paying even more. That’s dozens of hours of work, late nights and weekends at the office, that you’re not getting paid for. Just imagine how much faster you could grow, and how much easier life could be if you had more to invest in the business. That’s what our tailored tax strategy can help you do. First, we’ll review your finances to discover every possible deduction you qualify for. Over the last decade, we’ve identified 16 major areas of law firm tax deduction. That includes continuing education, office expenses, subscriptions, client entertainment, depreciation, charity and more. Most tax firms aren’t claiming more than 4 or 5. Once that’s done, we can help reduce your taxable income even more, e.g., by adjusting WHEN you file various income and expenses. And because our goal is to maximise your long-term wealth, we’ll provide ongoing support so you pay the least tax, every year, year after year. Most clients can use the freed up capital to offer more services, hire more staff, and grow operations. Show less

New South Wales, Australia

There’s an easier way to grow your wealth than working harder or billing more - and that’s tax reduction. Every dollar you save on tax is like free additional income. After all, you make more profit without working any harder, don’t you? And the tax you pay has a lot to do with how your business is set up. That’s because your structure affects both ongoing/operating taxes, and the taxes you pay in retirement/exit. We help law firm owners choose the best business… Show more There’s an easier way to grow your wealth than working harder or billing more - and that’s tax reduction. Every dollar you save on tax is like free additional income. After all, you make more profit without working any harder, don’t you? And the tax you pay has a lot to do with how your business is set up. That’s because your structure affects both ongoing/operating taxes, and the taxes you pay in retirement/exit. We help law firm owners choose the best business structures for wealth growth. Based on your short and long-term goals, we can help you choose structures that minimise Capital Gains Tax (CGT), tax on earnings, and land tax, and maximise superannuation benefits.Now that your long-term tax liabilities are reduced, let’s talk about growth. As you reinvest your tax savings, we can use trusts and bucket companies to protect your growing brand and assets. Once you’re ready to retire, we can leverage CGT concessions and exemptions to reduce CGT when selling off the business. Finally, we advise on concessional and non-concessional contributions so you can get the most value out of your superannuation contributions. Show less

Greater Sydney Area

Campbelltown, Nsw, Australia

Education record

Education record

Bachelor Of Business Studies, Accounting And Business/Management, High Distinction

Education record