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Auditing Corporation Tax Tax 
Accounting Today
AUGUST 29, 2023
Accounting firms are less important than the partner leading the team in terms of the impact on the business's effective tax rate and the probability it will face an audit.
297 
Accounting Today
OCTOBER 20, 2023
The Internal Revenue Service is making improvements to its online tax professional accounts and hiring more accountants as it ramps up enforcement.
358
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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
Book of Secrets on the Month-End Close
How To Break Digital Transformation Barriers And Accelerate AI Adoption
Forecasting Failures Are Costly: Here's How To Fix Them
The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience
Accounting Today
OCTOBER 12, 2023
The dispute centers on a 2012 IRS audit into transfer pricing, a method used by companies to shift profits to tax havens and avoid the U.S. corporate tax rate.
239 Maximizing Profit and Productivity: The New Era of AI-Powered Accounting
Book of Secrets on the Month-End Close
How To Break Digital Transformation Barriers And Accelerate AI Adoption
Forecasting Failures Are Costly: Here's How To Fix Them
The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience
Accounting Today
FEBRUARY 21, 2024
The Internal Revenue Service will be scrutinizing the use of corporate jets for personal travel more closely, focusing on big corporations and partnerships, as well as high-income taxpayers.
325 
Counto
NOVEMBER 2, 2024
Invoices in Audits: What Every SMEs in Singapore Should Understand As a small business owner in Singapore, navigating the complexities of financial management can be daunting. Among these complexities, understanding the role of invoices in audits is paramount. Discover how we can streamline your taxes and accounting today.
52 
Counto
DECEMBER 16, 2024
Understanding Internal vs. External Audits: A Guide for SME Owners in Singapore Audits are critical tools for evaluating a companys financial health and operational efficiency. While both audits provide valuable insights, they differ in their objectives, scope, and who performs them. What is an Internal Audit?
52 
Accounting Today
DECEMBER 13, 2023
Italy's finance police had claimed that the company failed to pay taxes on about €3.7 billion of rental revenue and claimed that the company owed about €779 million after an audit of the tax years from 2017 to 2021.
189 
Accounting Today
MAY 31, 2024
Companies retreat to less risky tax strategies when IRS budgets are robust, according to a new study.
240 
Billah and Associates
SEPTEMBER 23, 2024
Understanding corporate taxes in Canada can be challenging, especially since businesses are subject to both federal and provincial taxes. Knowing the differences between these two tax systems and how they impact your business is crucial for ensuring compliance and maximizing tax savings.
Counto
NOVEMBER 10, 2024
Tax Deductions and Incentives Available for F&B Businesses in Singapore F&B businesses in Singapore face a range of operational challenges, but tax deductions and government incentives provide valuable opportunities to reduce costs and improve profitability. Discover how we can streamline your taxes and accounting today.
40 
Counto
MARCH 24, 2025
Filing your ECI accurately and on time is a key compliance requirement set by IRAS and getting it wrong can lead to unnecessary penalties or tax issues. Why ECI Filing Matters Filing ECI allows IRAS to assess your corporate tax early and may result in early instalment plans for tax payments.
CapActix
FEBRUARY 27, 2025
Filling business tax return online isnt just another boring admin task, its the key to keeping your hard-earned cash where it belongs: in your business. Plus, you get access to every deduction and tax credit availableso you keep more money in your pocket instead of funding government overspending. Lets cut to the chase.
52 
Counto
SEPTEMBER 27, 2024
CorpPass and Corporate Tax Filing: A Complete Guide for Foreign Entrepreneurs in Singapore Navigating Singapore’s regulatory landscape can be challenging for foreign entrepreneurs, especially when it comes to managing corporate tax responsibilities. Make Payment: Pay taxes within 30 days of receiving the NOA.
Accounting Today
AUGUST 23, 2022
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260 
Counto
MAY 29, 2023
Corporate Taxes: Key Dates and Exemptions to Be Aware Of Navigating tax season can be daunting for many business owners, but understanding the ins and outs of filing taxes is essential for operating a successful business in Singapore. This will prevent you from becoming flustered when the deadlines draw near.
Counto
NOVEMBER 10, 2024
What Every Singapore Restaurant Owner Should Know About GST Understanding Goods and Services Tax (GST) is crucial for restaurant owners in Singapore, as it directly impacts pricing, compliance, and overall financial management. Filing GST Returns Filing GST returns is an important part of complying with Singapore’s tax system.
Counto
MARCH 23, 2025
Tax Filing and GST Compliance Corporate tax filing (Form C-S/C) and GST submissions (for GST-registered businesses) are often charged as flat fees or bundled into service packages. Per-Service Pricing For businesses with specific needs, such as annual tax filing or occasional payroll support, providers may charge per task.
52 
Counto
JANUARY 21, 2025
From bookkeeping and tax compliance to payroll management and business consulting, accounting firms combine expert teams with cutting-edge technology to offer comprehensive, end-to-end solutions that can scale as your business grows. You dont need to manage multiple service providerseverything you need is taken care of by a team of experts.
52 
Counto
NOVEMBER 2, 2024
From multicurrency accounting to tax filing, Counto handles it all—with unlimited transactions. Categorise Your Invoices : Use folders or tags to organise invoices by client, date, or payment status (paid/unpaid) to facilitate easier tracking and retrieval during audits. Tired of surprise fees from accounting services?
52 
Counto
JANUARY 9, 2025
GST Registration for Small Businesses As a small business owner in Singapore, understanding when and how to register for GST is key to managing your tax obligations and staying compliant with the law. For small businesses, understanding GST registration is vital for managing your financial obligations and potentially gaining tax advantages.
52 
Accounting Today
MARCH 28, 2024
The campaign is part of a larger effort by the IRS to increase its scrutiny of high-income taxpayers and large businesses to help close the tax gap.
235 
Counto
MAY 4, 2024
Explore Counto’s all-inclusive accounting plans—designed to cover everything from multi-currency bookkeeping to unlimited transactions and corporate tax filing, all without hidden fees. Upon passing this audit and settling the balance of the certification fees, your Halal certificate will be issued.
Counto
JANUARY 13, 2025
Integration with Digital Tools These accounts frequently integrate with accounting software and other financial tools, automating tasks like expense tracking and tax calculations. From multicurrency accounting to tax filing, Counto handles it allwith unlimited transactions. Tired of surprise fees from accounting services?
52 
Counto
SEPTEMBER 7, 2024
Understanding Audit Requirements for Private Limited Companies in Singapore As a private limited company in Singapore, understanding audit requirements is crucial for maintaining financial transparency and compliance. What is an Audit? Changing auditors can bring fresh perspectives and enhance audit quality.
52 
SMB Accounting and Consulting
MARCH 8, 2023
One type of accounting that is well-known is tax accounting. According to Investopedia, tax accounting is “a structure of accounting methods focused on taxes rather than the appearance of public financial statements”. Tax accounting applies to individuals, businesses, and corporations.
52 Accounting Tools
NOVEMBER 1, 2024
Directors usually serve on committees that focus on specific areas, such as audit, finance, compensation, governance, or risk. Related AccountingTools Courses C Corporation Tax Guide Types of Business Entities Related Article Inside Director Directors evaluate and, if necessary, replace the CEO and other top executives.
Accounting Tools
JULY 14, 2023
The tax accountant position is accountable for the collection of tax-related information, reporting to taxation authorities at the federal, state, county, and local levels in a timely manner, and advising management on the tax impact of various corporate strategies. Must be detail oriented.
40 
Counto
OCTOBER 7, 2024
Maximising Input Tax Credits: A Guide for Startups Funded by Startup SG Tech For small businesses in Singapore, particularly those backed by Startup SG Tech, grasping the strategies to maximise Input Tax Credits (ITCs) is vital for achieving financial success. Discover how we can streamline your taxes and accounting today.
52 
Counto
DECEMBER 13, 2024
Example : A newly registered private limited company opens a corporate bank account by submitting the required documents, such as its business profile and shareholder details. Registering for Goods and Services Tax (GST) If your companys annual revenue exceeds S$1 million , registering for GST is a mandatory post-incorporation requirement.
Counto
APRIL 7, 2024
In this guide, we’ll explore various methods and strategies for paying yourself as a sole director, ensuring both financial stability and tax efficiency. Ensuring Tax Efficiency and Legal Compliance Optimising salary payments requires careful consideration of tax implications and legal obligations.
Counto
OCTOBER 3, 2024
Prioritise Compliance and Record-Keeping Proper record-keeping is fundamental for meeting regulatory requirements and preparing for audits. Comprehensive records not only aid in financial management but also prepare you for potential audits. Look for features that facilitate expense tracking and automate tax filings.
Counto
APRIL 14, 2023
Avoiding Common Tax Pitfalls: 5 Tips for Business Owners As a business owner, you understand the value of every dollar and work tirelessly to build and grow your business. However, navigating the complex world of taxes can be overwhelming and time-consuming. Keep reading to learn more.
52 
Counto
APRIL 14, 2023
Avoiding Common Tax Pitfalls: 5 Tips for Business Owners As a business owner, you understand the value of every dollar and work tirelessly to build and grow your business. However, navigating the complex world of taxes can be overwhelming and time-consuming. Keep reading to learn more.
52 
Counto
JANUARY 7, 2025
Changes to Corporate Tax Rates Adjustments to corporate tax rates may be introduced in 2025 as part of government measures to promote economic growth and address fiscal needs. What to Expect: Possible changes to existing tax incentives. New guidelines for tax credits and rebates.
Counto
OCTOBER 3, 2024
This scheme offers benefits like cost savings and smoother cash flow, but it’s important to understand the GST implications to ensure you comply with Singapore’s tax regulations. GST audits: IRAS may audit businesses using HCES; accurate documentation is essential. Explore our plans here.
Counto
SEPTEMBER 12, 2024
Tax Compliance: Specialists handle tax filings and compliance, reducing the risk of errors and ensuring adherence to regulations. Example: A local retail business, “TrendyWear,” outsourced its bookkeeping and tax compliance functions. Income Tax: Manages income tax filings to minimise errors and maximise efficiency.
52 
Counto
OCTOBER 16, 2024
Our expert team streamlines your business journey, from company incorporation to tax filing. Regulatory authorities may request access to this information during audits or investigations. Operational Efficiency: Quick access to BOI information reduces delays during audits. Compliance with international tax treaties.
52 
Counto
FEBRUARY 7, 2024
As a business owner in Singapore, understanding the ins and outs of Goods and Services Tax (GST) registration is crucial. Here’s a quick rundown: Output Tax: Registered businesses must charge GST on goods and services sold locally, known as Output Tax. Do I Need to Register for GST in Singapore? What is GST Registration?
Accounting Tools
MAY 2, 2024
Examples of Sole Practitioners Examples of professions in which sole practitioners are common are architecture, auditing, law, and medicine. Given the specialized nature of many of these jobs, state governments frequently require that sole practitioners obtain a certification and insurance before going into business.
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.
Counto
OCTOBER 16, 2024
By harnessing the power of spend analytics, businesses can enhance their cash flow, ensure precise GST reporting, and uncover potential tax savings. Example : A grocery store uses automated checks to verify input tax claims against purchase records, minimising inaccuracies. Explore our plans here.
Counto
SEPTEMBER 27, 2024
Conduct an Energy Audit 2.1 Example: A manufacturing SME in Singapore utilised energy audit data to shift its operations to off-peak hours, achieving a 10% reduction in overall energy consumption. Our expert accountants deliver comprehensive services—from bookkeeping to tax filing—at transparent rates.
52 
Counto
NOVEMBER 27, 2024
Tailored Solutions : A solution that fits your business’ specific needs—such as handling multi-currency transactions or automated tax calculations—is vital. Our expert accountants deliver comprehensive services—from bookkeeping to tax filing—at transparent rates. At Counto, we prioritise your bottom line.
52 
Counto
SEPTEMBER 20, 2024
Even smaller businesses can opt for voluntary registration to benefit from input tax credits. Example: A small IT consultancy firm with a turnover of SGD 500,000 opts for voluntary GST registration to reclaim tax on its equipment purchases, thereby improving cash flow. Explore our plans here.
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