A monumental decision was made in The Philippine Congress to pave the way for a new era of employment opportunities. Republic Act No. 11261, better
Do you have your own startup? Or are you planning to launch your own? If you already have one, for sure you know the weight
You may have encountered the DST when doing certain transactions. According to tax services in Manila, a documentary stamp tax or DST is a tax
Terminating an employee is a delicate phase that demands sensitivity from both employers and employees, necessitating a smooth transition for all parties involved. That said,
In businesses, change is inevitable. Have you ever felt the need for change in your business? Maybe you have a team providing reliable accounting services
In the Philippines, all registered taxpayers in the practice of a profession, doing business, or under self-employment need to comply with the tax law of
Have you ever thought of starting your own restaurant? Have you tried running one? If you have, you probably know already that it is not
As the year 2023 comes to a close, businesses not only look back at all the triumphs and tribulations over the last year but also
Any career transition is a big life decision, a leap, and a daunting task. One of the first steps to switching or exiting the corporate
Have a holly, jolly Christmas! As the holiday season approaches, Filipinos are not only decking the halls and planning festive gatherings but also eagerly anticipating
You need to get your finances settled especially now that the calendar year is coming to a close. You will have to deal with your
Ordinary business expenses are deductible to the extent of actual payments in the Philippines. These deductibles must be necessary expenditures for the business, trade, or
Withholding tax is a tax liability collected by the Bureau of Internal Revenue from individuals or businesses who earn income. If you need a guide
Do you want to maximize tax savings but need help with how to do it? Professional accounting services in the Philippines recommend revisiting your tax
As a diligent virtual assistant, it’s essential to be mindful of your tax obligations. Even if you work remotely or have an overseas employer, it’s
Are you one of the business owners who is trying to focus on your strategies and regulatory requirements to make your business grow even stronger?
Are you a professional in the Philippines? If so, you need to understand and know about the PFWT or the Professional Fee Withholding Tax. This
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.
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,
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
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
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
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
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
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
If you are a business owner, one of the tasks you need to accomplish is filing your income tax return. The process of filing may
Are you trying to sell your house in the Philippines? Or are you trying to start a property buy-and-sell business model? If you are doing
If you are a business owner in the Philippines, you are always required to get a certificate of registration from the BIR or the Bureau
Are you a professional who is financially struggling to open up and operate your own office or clinic? There’s good news! The Department of Finance
One of the most important tasks every business owner needs to do is to register their business with the BIR or the Bureau of Internal
There has been an upsurge of entrepreneurs in the Philippines during the pandemic since Filipinos had to find a way to cope and earn a
The Social Security System (SSS) recently launched simultaneous Run After Contribution Evaders (RACE) operations in 108 locations across the Philippines. These operations aim to encourage
Small businesses make up the vast majority of currently operating private businesses. They are important because they contribute significantly to the creation of jobs in
Money owed to an employee whose employment has ended is known as the final pay. In addition to any accrued entitlements like annual leave and,
As a business owner, there are many things you need to take care of. Part of running a business includes regularly keeping track of all
Many studies and surveys conducted in the recent years revealed that one of the major factors hindering exclusive breastfeeding in the first 6 months was
A lot of foreigners are looking to invest in the Philippines because of the country’s strategic location. And it also helps that most Filipinos can
Every business owner must prioritize a good financial position as it affects the company’s sustainability. The financial position of your company is determined by many
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
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
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
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
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
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
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.
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
It’s 2023! A new year has come. Do you run a business? If you do, then you are aware that a new year comes with
Last June 2021, the Bureau of Internal Revenue (BIR) launched an innovative 24/7 chatbot application called REVIE. This secure platform was designed to provide taxpayers
In the Philippines, an official document known as a Tax Clearance is issued by the Bureau of Internal Revenue (BIR). The submission of a Tax
Since the Ber months rolled in, Pinoys have anticipated that Christmas is fast approaching. It is the holiday that everyone looks forward to because it plays a big part in our culture. The Christmas season is associated with the sweet sound of classic Christmas songs, the sight of children caroling, the colorful parols, the family reunions, the good-smelling Noche Buena, and most importantly, the Christmas holiday bonus that many Filipinos await.
The goal of every business is to maximize resources to gain profits while minimizing expenses. That said, tax expenses are one kind of expense that
The Christmas season is the time when everyone looks forward to giving and receiving gifts, attending parties or family reunions, and preparing food for Noche Buena. Another thing that many Filipinos are looking forward to, especially the employees, is their 13th month pay. This is typically given to private sector employees at the end of the year.
Many people worry about changing their professional service providers, like their CPAs. Even if they think that their CPAs are lacking in providing quality service,
Do you already have a DTI or SEC Certificate, BIR Certificate of Registration (COR), Local Government Permits, “Ask for Receipt” Signage, stamped books of accounts,
At the beginning of every year, most Philippine companies are required to prepare the Audited Financial Statement. This is also known as an AFS and
Choosing the place or location of your business is one of the many decisions you have to decide on as a business owner. Usually, the
Entrepreneurs must know how to do breakeven analysis as it guides their decisions. They can also seek help from accounting services in Pasig, Metro Manila.
Avoid getting audited by being compliant and paying your taxes diligently. Many tax and audit services in the Philippines can attest that getting audited by the BIR
Register your business with the BIR with the help of accounting services in Pasig, Metro Manila to run your business legally and avoid harsh penalties.
One of the many financial tools that you can use to manage your business is the profit and loss statement or P&L. It gives you
Owning a business requires you to juggle many responsibilities. One of the most important tasks that you must take note of is your financial health
There are inevitable events that take place in life such as death and taxes. There’s no escaping them. Another one that falls into this category
American expats in the PH must remember important IRS tax filing dates. Seek tax services in Pasig, Metro Manila to maximize deductibles and assure compliance.
Passing on generational wealth is subject to corresponding taxes, called donor’s tax. According to tax services in Manila, this is levied by the BIR on
Inventory consists of the available raw materials used for producing goods and the available goods for sale. It helps know how much goods or stock
Are you looking for a convenient way to settle your tax payments to the Bureau of Internal Revenue or BIR? Tax services in manila share
Take advantage of remote business registration with the help of tax and accounting services in Pasig, Metro Manila to make sure you have the right documents.
Accounting is the language of business. Don’t lag and stay on par with your competitors in the business world with expert accounting services in Pasig.
How do you know if it’s the right time to outsource accounting services? Business owners must answer this question as failure to outsource can be detrimental.
There is a growing number of lending and financing companies in the Philippines. This growing sector is a big help in providing start-ups and SMEs
Are you working with foreign clients but with Filipino citizenship and residence? Do you have foreign income yet considered a domestic owned corporation domiciled in
The Philippines is a great place to open a business, especially in key cities, like Manila, Davao, and Cebu, which are hubs for business centers
If you’re a small business, consider getting BMBE Certification through the help of a tax services firm in Pasig, Metro Manila so you can avail of incentives.
Instead of having a regular office job, many individuals have discovered the option to practice freelancing. It has become a viable option for people because
One of the most intriguing provisions of Train Law since its effectivity in 2018 is the 8% income tax rate on gross sales/receipts. This is
If you don’t know what to prepare in launching a business, get expert tax services and accounting services in Pasig, Metro Manila to register with the BIR.
Work with expert tax and accounting services in Pasig Metro Manila to secure the correct work permits in the PH as there are various kinds and steps involved.
There are things to consider when starting a business from learning tax laws to choosing the business structure. Seek expert accounting services for guidance.
Many people dream of having their own business in the food industry. You are not alone if you often visualize yourself owning a restaurant or
Get expert accounting services in Pasig, Metro Manila to monitor your operations and inventory so you can ensure your manufacturing business stays profitable.
There are foreign corporations who might be interested to test out their potential in the Philippine market but are afraid to take the gamble in
Learn how to correctly register an ROHQ or regional operating headquarters in the PH with tax services help from a reputable firm in Pasig, Metro Manila.
When you run a business in the Philippines, the law requires that you be fully compliant with the current tax laws not just during tax
If you work as an employee in the Philippines, you will be happy to know that are accorded de minimis benefits. These are a few
With the help of accounting services in Pasig, Metro Manila you can find ways to increase your company’s revenues & reduce costly errors to keep more income.
Are you someone who earns income by rendering professional services? Then you are a self-employed individual. You do not belong to the bracket of employees
Do you have a business idea in mind? If you want to go into business but don’t know how and where to start, you’re in
Are you an online seller in need of tax services in Pasig, Metro Manila? We can help you with BIR Registration and tax compliance to prevent complex issues.
Being self-employed in the Philippines has its numerous benefits. For one thing, you own your time and can manage and tailor your schedule to your
As a business owner, part of your job is to think of the taxes you are mandated by law to pay. There are consequences for
The tax system here in the Philippines is based on “voluntary compliance.” Professional tax and accounting services in the Philippines advice not to misinterpret this
A freelancer must hire accounting & tax services in Pasig, Metro Manila for financial advice & management consultancy.
Do you have multiple streams of income? File your taxes correctly and register with the BIR. Get expert tax services from our firm in Pasig, Metro Manila.
Our accounting services and tax services in Pasig, Metro Manila can help you set up your BIR e-FPS so you can pay dues and file returns without leaving home.
Accounting plays a vital role in your business, serving as an essential tool for recording every financial transaction. In turn, this helps you make decisions
Here are 10 factors you need to consider on whether to outsource business processes. Perform a situational analysis to make a sound decision you won’t regret.
June 7, 2021
Read on below to see how accountants are the hidden heroes of every business and how availing of their services can save your butt during tax season.
March 30, 2021
For starters, accounting is the recording of all financial transactions of an individual or a business and translating these transactions into Financial Statements that will guide a firm’s decision-making.
February 23, 2021