Tax Planning Strategies
"TPS means , solutiones, cost reductiones and not tax risks"
- Cost reductions
- Monthly and annual Budget vs. expenses
- FASB 52
- Tax reductions - Tax IVA , IETU , IDE and Income tax
- Tax legal requirements in expenses
- Tax legal risk explain weekly
- Society options for taxes
- Monthly reductions in advance payments
- Non deductible expense reductions
- Income planning for Tax IVA , IETU and Income Tax
- Bank operations developing for tax propuses
- Cash flow operations
- Assets security and protection
- Limited Liability Corporation
- Payroll procedures - Tax and labor protection
- Tax exchange rate operations and effects with taxes
- Profit sharing for taxes and accountant
10 Big mistakes from any company in Mexico - Tax and labor problems
- Take desicions without consulting to any Administrator or Accoountant
- Get cash directly from any account bank
- Make payments over $ 2,000 pesos in cash
- Expenses without any invoices
- Not doing any monthly financial meeting with Accountants
- Not dates for closing monthy financial information
- Not taking care about internal control procedures
- Not training to all employees
- Any legal agreements
- Very informal with all labor documentation
