Tax Compliance

Tax payments and deadlines consume considerable amount of time and energy to business owners. Tax management is a challenge to businesses which is why we offer our assistance to business owners and relieve them from worry relating to tax compliance.

We provide assistance to business owners in complying with their tax requirements and deadlines. These tax returns includes, but not limited, to the following: Income Tax, Value-Added Tax (VAT), Percentage Tax, Withholding Tax – Expanded and Withholding Tax – Compensation.

Our Tax Service Includes

Monthly computation and preparation of the following BIR tax returns:

  • BIR Form 1601E – Monthly Remittance Return of Creditable Income Taxes Withheld (Expanded)
  • BIR Form 1601C – Monthly Remittance Return of Income Taxes Withheld on Compensation
  • BIR Form 2551M – Monthly Percentage Tax Return
  • BIR Form 2550M – Monthly Value-Added Tax (VAT) Declaration

Quarterly computation and preparation of the following BIR tax returns:

  • BIR Form 1701Q – Quarterly Income Tax Return for Self-employed Individuals, Estates, and Trusts (Including Those with both Business and Compensation Income)
  • BIR Form 1702Q – Quarterly Income Tax Return for Corporations, Partnerships and Other Non-Individual Taxpayers
  • BIR Form 2550Q – Quarterly Value-Added Tax (VAT) Return
  • BIR VAT RELIEF Files – Schedule of sales, purchases and importations

Annual computation and preparation of the following BIR tax returns:

  • BIR Form 1702 – Annual Income Tax Return For Corporation, Partnership and Other Non-Individual Taxpayer
  • BIR Form 1701 – Annual Income Tax Return for Self-Employed Individual
  • BIR Form 1700 – Annual Income Tax Return for Individual Earning Purely Compensation Income (For employees)
  • BIR Form 1604CF – Annual Information Return of Income Tax Withheld on Compensation and Final Withholding Taxes
  • BIR Form 1604E – Annual Information Return of Creditable Income Tax Withheld (Expanded)

Preparation of Certificate of Withholding Tax Returns:

  • BIR Form 2307 – Certificate of Creditable Tax Withheld at Source
  • BIR Form 2316 – Certificate of Compensation Payment / Tax Withheld For Compensation Payment With or Without TAx Withheld

Testimonials from Clients

Below are some of the testimonials from our clients.

Outsourcing with MPM was the best decision I ever made. It’s a hassle free accounting. It saves time and money. They are on-time, accurate, updated and provide solutions to our accounting matters. Unlike doing it on our own, which has a high risk for errors and takes time because I need to make the basic familiarity. Highly recommend.

- Marlandair Travel Inc.

I am a new business owner and MPM has helped me keep my books and filing of taxes orderly. Besides that I get expert advice relevant to my business and my transactions are encoded in their proprietary system so I can ask for a report anytime. I could never have done it on my own.

- Aleph Zero Research

When we started our business, we struggled with time management and making sure that all paper works are done on time. MPM Consulting Services provided the solution by helping us with the bookkeeping tasks, thus allowing us to focus and have more time with the operation.

- Karikatyur Portraits

Request for Proposal