Startup Business Advice: How To Avoid BIR Penalty

Startup Business Advice: How To Avoid BIR Penalty

Business Tips
Image from Imgflip We’ll cut the chase. You want to start a business, and you want to avoid being penalized. We get it. But for you to actually dodge it, you have to follow these tips to a T. These tips are from tax experts Mon Abrea, former BIR examiner, and Mark Anthony Pojol, a tax consultant. We also added information from the Bureau of Internal Revenue’s regulations (RR) and other government agencies’ policies. Ways To Avoid BIR Penalty Get an accountant. Image by Free-Photos from Pixabay We’ve mentioned this before in a previous article. You should always seek professional advice. It’s either you hire one full-time or get a retainer. This is particularly applicable if you don’t have financial know-how. But even if you do, you’ll surely be occupied…
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