The Social Security System (SSS) has launched simultaneous Run After Contribution Evaders (RACE) operations. This aggressive campaign is being administered to 108 locations across the Philippines to encourage non-compliant employers to settle any contribution delinquencies. Doing so fulfills their legal obligations of paying both employer and employees’ share contributions. These operations, which commenced on April… Continue reading SSS Conducts Nationwide RACE for Contribution Compliance
Listen up, single parents! Those who parent their child alone can look forward to the implementation of the much-awaited Expanded Solo Parents Welfare Act. Specifically, the Bureau of Internal Revenue (BIR) is slated to implement tax reforms because of this new law. And this is just the tip of the iceberg since more benefits from… Continue reading Expanded Solo Parents Welfare Act to Provide Economic Relief This Feb
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.
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.
To find out the full list of processes and requirements that foreign corporations need to comply with before doing business in the Philippines, read on.
As a business owner or manager, one of your key roles is maximizing business assets and resources to increase and reach optimal revenue. Staying lucrative is the only way to ensure the success of your business. To make sure you can accomplish this goal, you must do your best to improve your current operations and… Continue reading 5 Clever Ways to Amplify Revenue for Your Small PH Business
Are you a business owner who’s not a big fan of math? Unfortunately, running a business necessitates number crunching because you need to compute for profits and losses. And this is where the accounting equation comes in to ascertain the fiscal health of your operations. Without it, your company can fail, rendering all your efforts… Continue reading What is the Accounting Equation and Why It Matters
Every business’ success hinges on the proper financial management of all its accounts, assets, liabilities, and equity. As a business owner, it is vital to have quality accounting measures in place to properly keep tabs on your company’s financial health. You must be diligent in doing this to see your company flourish. It is only… Continue reading Pros and Cons of Hiring In-House vs Outsourced Accountants