To avoid delay, penalties and other issues with the BIR, the taxpayer should ensure timely compliance with the BIR requirements. A taxpayer may suffer penalties for late submission or filing of tax returns, financial statements and other documents. PROBLEM: The BIR is imposing more strict rules and guidelines on TAX COMPLIANCE AND REVENUE COLLECTION. Unfamiliarity with tax rules becomes costly, especially to start-ups, micro enterprises and small to medium enterprises. For example, a violation or non-compliance can cost you a penalty of P1,000 per “return” (BIR Form that was not filed on time) with interest and the additional 25% surcharge, whenever applicable. Traversing the tax rules for business people is even more crucial to your business, cash flow and bottom line. Thus, compliance and crafting the appropriate tax plan for your compensation program, business expense and income flow is a NECESSITY. SOLUTION: This seminar is a session on how you can best comply with the BIR Rules. You will also discover where the “saving opportunities” are, specific to your business or income flow. The seminar will help you learn tax planning appropriate to your expenses and income flow. Our CPA licensed guru can help you craft your taxing structure for your compensation or business tax compliance. She can be your go-to-person to structure your pertinent tax-related transactions. Beyond the seminar, you may contact us to hire her professional advice on specific matters.
