Tax Compliance Review
Our tax partners are knowledgeable of the provisions of the Tax Code and are well abreast of the latest regulation and circulars issued by the BIR. Our team can assess your company’s compliance with the requirements of the Bureau of Internal Revenue (BIR). We will determine whether your company is filing all the tax returns required of your company by the BIR and if the returns are correctly accomplished. We will establish if your company is deducting and remitting the required withholding taxes for your company’s transactions. We will verify whether all the mandatory tax requirements are reflected in your Income Tax Return and Financial Statements. In our review of your tax returns, we can ascertain the possible tax assessment that maybe imposed to your company in case of a formal tax examination or Letter of Authority (LOA) of the BIR.
Our tax partners are highly experienced and well-versed in dealing with the Bureau of Internal Revenue (BIR). Our partners are accredited and authorized to represent clients on their tax cases with the Bureau of Internal Revenue. We represent companies in cases of formal examination of records thru Letter of Authority (LOA) or Tax Verification Notice (TVN). We also assist clients in resolving Open Cases including Letter Notice (LN) and Benchmarking Notice (BN). We mediate in handling issues and disputes arising from tax assessments. We prepare Protest Letters to contest erroneous tax assessments of clients and we assist in liaising with the tax authorities for requests for rulings or opinions from the Bureau of Internal Revenue.
Preparation & Filing of Tax Returns
Our team can assist and guide your company on its full compliance with the requirements of BIR and the preparation and filing of all the required tax returns. We prepare monthly, quarterly and annual income tax returns including alphalists that are required every end of the year. We extend assistance and guidance in the computation of the correct taxes to be paid for the said returns and file the same thru Electronic Filing & Payment System (EFPS), eBIR Forms or eSubmission.
Tax Advisory Services
We offer sound and expert advice on a wide range of tax matters such as those relating to tax compliance, procedures and remedies. We offer advice on how to reduce tax liabilities, generate tax savings and avoid assessments and penalties. We inform clients of the tax provisions and regulations that affect their company and we update them of the latest tax rules, regulations and circulars issued by the tax authorities. We represent clients on their tax cases with tax authorities; mediate in resolving tax assessment and other tax issues. We orient, train and guide clients in the proper compliance of tax requirements and completion of tax returns.