One of the things you need to monitor when you own a business is your financial situation. It plays a major role in determining your success in the industry. To…
In the Philippines, individuals and businesses must submit their tax returns by April 15 of each year. Remember, there are different ways to get this done. You can file electronically…
Many business owners want to maximize their profits by cutting down on their expenses. Most of them often come up with a decision to do things themselves to save their…
Every business owner, no matter how big or small, needs to perform correct bookkeeping. Unfortunately, even the smallest mistakes in bookkeeping or calculations can result in financial losses. Tax services in…
If you want to ensure that your financial records are accurate, bookkeeping is the key. In addition to the fact that the law requires you to keep accurate books and…
Many people find it difficult to manage their taxes. It is important and compulsory for a taxpayer to file an income tax return (ITR) to the BIR. The returns describe…
The tax system of the Philippines is founded on discretionary deference. This means that it is up to the taxpayer to decide which taxes to pay, how to comply with…
As a business owner, you have other responsibilities apart from running your business. You have to be responsible for your tax dues because this is your social obligation for the…
The tax return system can be hard to understand, especially for those who are unfamiliar with the finer points of the mandates of the law. On top of that, it…
Happy New Year! Since it’s the start of 2023, business owners must comply with government mandated requirements to get them all set up and legally operating for the new year.…