Are you one of the many business owners who are looking for a good accounting firm? This could seem like an intimidating process, especially if you have limited funds set aside for this service, but it does not have to. If you want to know what to consider when you hire an accountant, this article… Continue reading Select a Reliable Accounting Firm For Your Biz
Resigning from your job is never an easy decision to make because you will lose the stability your employment and salary provide. Apart from that, the uncertainties in the future make it an even more difficult to resign, especially if people are reliant on your income or you don’t have a new job lined up.… Continue reading When Can Workers Receive Final Pay After Resignation
Change is inevitable in business, but it does not mean change is any less daunting when you have to do it. When you have invested so much in one firm for so long, it feels like a loss to let it go when it no longer works for you. All the time, money, and effort… Continue reading Changing CPA Firms: Moving on to Greener Pastures
The One Person Corporation (OPC) is one of the most significant provisions included in the Revised Corporation Code. For those who are considering opening their own business, choosing the appropriate business structure is one of the most crucial and complicated decisions to consider. Why does this play a significant factor? Accounting firms that offer expert… Continue reading Traditional Sole Proprietorship or Modern OPC?
Moving to a new location because your business is getting bigger must also be reflected on paper. Seek business registration services from an accounting firm.
Donor’s tax is the tax levied by the Bureau of Internal Revenue on any donation or gift. It is imposed on voluntary transfers of property between two or more individuals who are both still alive at the time the transfer occurred. It is the donor, or giver, who is responsible for paying this tax. Learn… Continue reading Donor’s Tax: What Happens When You Let Go of Shares
The restaurant industry is a great business venture for foodies to get started on. However, while it is a great way to pursue one’s passion and creativity, and enter the business world, it is not all fun and games. One may say that out of the many business models geared towards selling products and companies,… Continue reading Restaurant Inventory Management Best Practices to Follow
Learn how to register your business in the Ph remotely with the help of accounting services that are also known to provide business registration services.
When you’re not classified as an employee, do you choose to register as an independent professional or sole proprietor? Seek help from an accounting firm.
As a business owner, you must fill out BIR Form 2316 and provide a copy to your employees. Stay on top of your accounting to ascertain tax compliance.