Billah and Associates

JANUARY 8, 2019

Tax audit for businesses A corporate tax audit is an efficient and effective mode of scrutiny, especially when done by a primary corporate tax accountant. The process of Corporate Tax Audit – an Overview The process of preparation for corporate tax audit begins when you prepare the T2 or other returns.

Corporation Tax 52

Corporation Tax Auditing Tax Financial Statements 52

Counto

MARCH 19, 2024

Here’s a comprehensive guide to annual return filing and record-keeping for sole proprietors: Personal Income Tax Filing In Singapore, a sole proprietorship isn’t a separate legal entity. Tax Deadlines Resident sole proprietors generally need to file their personal income tax returns by April 15th each year.

Record Keeping 52

Record Keeping Financial Records Accruals Corporation Tax 52

Counto

JUNE 13, 2023

5 Potential Reasons Your Tax Return May Be Flagged By IRAS Filing your business tax return requires careful attention to the tax laws and regulations established by IRAS. Inaccurate Income Reporting One of the primary reasons for a business tax return to be flagged by IRAS is inaccurate income reporting.

Tax 52

Tax Financial Statements Reconciling Corporation Tax 52

Counto

JANUARY 8, 2024

Pte Ltd: Private Limited Companies face more stringent compliance requirements, such as maintaining proper financial records, filing annual returns, and holding annual general meetings. Taxation Sole Proprietorship: Sole proprietors are taxed at their personal income tax rates, based on the business’s profits.

Corporation Tax 52

Corporation Tax Tax Financial Records Accounting 52

Counto

FEBRUARY 13, 2024

Appointment of company secretary Engagement of an auditor Maintenance of a registered office Maintenance of company registers and financial records. Annual Filings : Fulfilling corporate secretary requirements and providing management reports, such as balance sheets and profit and loss statements.

Financial Statements 52

Financial Statements Corporation Tax Tax Financial Records 52

AvidXchange

MARCH 22, 2024

These include: • Month- and year-end closes • Audit and tax season • Budgeting season • Holidays and personal time off (PTO) During these periods, time management tips for accounting and finance professionals are especially important. And topic number two is tax and audit season. These asks can be disruptive to the daily workflow.

Accounting 52

Accounting Accounting AP Budgeting 52