If you are a professional in the Philippines, you need to pay taxes yearly so you can practice your profession without any hassles. Tax services in Manila emphasize that it…
The 8% income tax rate is a new law requiring sole proprietorship and professionals who are PRC registered to pay 8% tax on gross income. If you are a professional,…
Filing your taxes is a crucial thing in running your own business, no matter the size. Tax services in Manila say that even a small business like a sole proprietorship,…
Bookkeeping and accounting services in the Philippines are two essential components of financial management. Bookkeeping primarily involves the systematic recording and organizing of financial transactions, ensuring accuracy and completeness. Accounting,…
Failure to account for anything even if the business is profitable could equate to failure. Accounting is the systematic recording of the financial transactions of businesses from income from sales…
People often use purchase orders and invoices interchangeably. But here’s the thing, they're entirely different documents that each have their own specific purpose. However, expert accounting services in the Philippines…
Transfer pricing is an accounting and tax practice related to the pricing of goods or services between related parties like a parent company and its subsidiary. It also refers to…
There are many aspects to running a business. Business owners–even those who run a small business need to be aware of those. One of the aspects that are not that…
Having a BIR open case in your name sounds ominous. But what is it? According to expert tax services in Manila, an open case is a BIR letter that is…
Bookkeeping is crucial for all businesses. Accounting services in the Philippines attest that you need to implement a system to track your cash flow, assess your profits and losses, and…