Bong Corpuz & Co. CPAs, has been doing my accounting and tax requirements since the inception of my business and he is consistent and professional. Filling business or personal taxes has always been completely hassle-free.
Bong is very professional and a great guy. Even in challenging situations, he is a big asset!
On behalf of the Beta Sigma Phi 1965 Fraternity-Sorority, I would like to thank the person who became the mediator in the registration of our fraternity and sorority to the Securities and Exchange Commission (SEC). From the very beginning, I already lost my faith because of some obstacles that I personally encountered on how to register our fraternity-sorority. Then I met my Co-Engineer in Singapore and he advised me to coordinate with Mr. Bong Corpuz, the managing partner of Bong Corpuz & Company CPAs. I was so skeptical but I communicated with him through e-mail. I personally don’t know Bong and I have never meet him before and no personal knowledge regarding his personality. However, I found out that the consulting firm that I have engaged in doing the SEC registration is very sincere. Most of all, the firm is dedicated to their commitments and to the services that the company is offering. Bottom line, our dream and goal to become an SEC registered fraternity-sorority turned into a reality.
Bello Z. Homeres
BETA SIGMA PHI 1965 FRATERNITY-SORORITY
The common Taxes, applicable to taxpayer, that you need to know are (1) Value Added Tax (VAT) or Percentage Tax (PT), (2) Expanded Withholding Tax (EWT), and (3) Income Tax. However, additional taxes may apply if there are related transactions such as the following: (1) Withholding Tax on Compensation (WTC) or most commonly know as … Continue reading The 3 Common Taxes that YOU need to KNOW.
The SEC Commission En Banc has already issued and approved the Guidelines on the Establishment of a One Person Corporation (OPC) under Memorandum Circular No. 7, Series of 2019. Under the Guidelines, a natural person, trust or estate may form an OPC. The “trust”, however, does not refer to a trust entity, but to the … Continue reading One Person Corporation (OPC)
Please take note that there are two sets of income tax tables under TRAIN: (1) Income Tax Tables to be implemented for the years 2018 to 2022; and (2) Income Tax Tables which will be applicable from the year 2023 on wards. Noticeably, the minimum wage earners (MWEs) and employees earning Php20,000.00 (and below) per … Continue reading TRAIN: Tax Tables & Income Tax Rates
BIR eFPS or Electronic Filing and Payment System is a facility provided by the Bureau of Internal Revenue for a fast, convenient and paperless tax filing and payment using web browser and internet connection. But who are required to enroll in the eFPS facility? Not all are required, only those the are listed below are … Continue reading Do I need to enroll in the BIR’s eFPS?