Service Overview

Our Tax & Accounting Support Services are designed to support Filipino businesses in maintaining accurate financial records and ensuring compliance with the Bureau of Internal Revenue (BIR) requirements. With expert knowledge of local tax regulations, we provide a comprehensive range of services to ensure that your financial and tax-related matters are handled professionally and accurately.

Service Inclusions:

Bookkeeping and Financial Management

• Preparation and Updating of Business Books: We maintain accurate and up-to-date records of all financial transactions, ensuring your business books are always in order.

• Reconciliation of Bank Statements: We match transactions recorded in your books with those in your bank statements to ensure accuracy and prevent discrepancies.

• Payroll Processing: We handle payroll calculations, ensuring that employee salaries, benefits, and deductions are accurately managed and compliant with labor laws.

• Financial Analysis and Reporting: We provide detailed financial reports such as Profit and Loss Statements, Balance Sheets, and Cash Flow Statements to support your business decision-making.

Filing and Submission of BIR Requirements

• We manage the timely filing of monthly, quarterly, and annual tax returns with the Bureau of Internal Revenue (BIR), ensuring compliance with tax deadlines.

• Value-Added Tax (VAT) Returns: We handle the preparation and filing of your quarterly VAT returns to comply with BIR regulations.

• Withholding Tax Returns (WE, WF & WC): We ensure accurate and timely filing of withholding tax returns for your business.

• Processing and Filing of Income Tax Returns (ITR): We assist in the preparation and filing of your ITR to ensure that your business meets its tax obligations.

• Submission of BIR Form 2307: We manage the submission of Form 2307, detailing tax withheld on payments made by your business.

• Tax Clearance Requests: We assist in obtaining tax clearance for bidding purposes and other requirements.

• Percentage Tax (for non-VAT registered businesses): We ensure timely filing and submission of your Percentage Tax return (BIR Form 2551Q) on a quarterly basis.

• Compliance with BIR Reporting Requirements (such as Alphalists, Summary Lists of Sales and Purchases)

• Assistance with BIR Registration, Updates, and Renewal Requirements

• Guidance on Maintaining Accurate Records to meet BIR audit standards

Preparation of Audited Financial Statements

• Ensure financial statements are prepared in compliance with accounting standards to meet BIR requirements

• Assistance in preparing documents for BIR audits and compliance reviews

• Representation and support during BIR inquiries or audits

• Ensuring all financial records are audit-ready and compliant with Philippine accounting standards

Tax Advisory and Planning

• Tax Planning and Advisory: We provide strategic advice on how to optimize your tax obligations and help you make use of available deductions, credits, and exemptions.

• Tax Compliance Monitoring: We ensure continuous monitoring of your tax compliance to prevent penalties and ensure timely filings.

• Assistance with Tax Compliance Audits: We offer support during tax audits by providing necessary documentation and ensuring a smooth process.

Special Tax and Registration Services

• Processing of TIN Transfers and Changes in RDO: We manage the transfer or change of your Taxpayer Identification Number (TIN) in the appropriate BIR Revenue District Office (RDO).

• Application for Electronic Filing and Payment System (EFPS): We guide you through the process of applying for the EFPS for a more efficient way of filing and paying taxes online.

• Preparation and Filing of Summary List of Sales and Purchases (SLSP): We prepare and file the SLSP, as required by the BIR, for VAT-registered businesses.

Other Tax and Registration Services

• Application and Amendment of Certificate of Registration: We assist with the registration or amendment of your business’s Certificate of Registration with the BIR.

• Request for Tax Exemption or Tax Credits: We help you apply for tax exemptions or credits if your business is eligible.

• Handling Tax Refunds and Adjustments: We assist in processing refunds and adjustments if you are entitled to any tax overpayment or correction.

Benefits of Our Services:

• Accuracy and Compliance: Stay up-to-date with BIR requirements and local regulations, minimizing risks and penalties.

• Compliance and Confidence: Ensuring that your financial records are accurate, compliant, and ready for audits.

• Strategic Planning: Access expert guidance to optimize financial strategies and minimize risk.

• Reliable Financial Insights: Access clear, comprehensive financial analysis and reporting to support effective business decisions.

Contact Us Today

Let us handle your tax and accounting needs, so you can focus on growing your business confidently. Reach out to learn more about our customized solutions and how we can help you achieve financial clarity and compliance.