Accounting is the foundation of any business, large or small. Having accurate and timely financial data is of utmost importance to any successful business as it allows for management, owners, and stakeholders to make informed financial and operational decisions.
The tax obligations that companies and individuals currently operate in is characterized by constant change and increased complexity. Business and financial decisions are impacted by regulatory challenges placed by tax authorities with ever-increasing enforcement initiatives.
Current legislation has left no doubt that in as many cases as possible the law will aside with the employee in many circumstances. That is why it is important to make sure that your payroll is done correctly and as accurately as possible.
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wherever your business takes you.
I have run portions of my North American company in the cloud for many years and have worked with various bookkeepers and accountants. Based on my experience as a business owner, I highly recommend SAENICSA for the services they will be able to provide for your business.
They are on top of all the details and I really appreciate all the reminders and tips about the monthly filings, payroll obligations and so on. They are also an incredible resource for anything Nicaragua and have also been great at providing us with some longer term financial advice. We highly recommend Mario and his team at SAENICSA.
As the year 2019 draws to a close there are various year-end tasks that need to kept in mind and taken care of so as to not be penalized by the Nicaraguan Tax Authority. One of these obligations has to do with reporting inventory amounts as of December 31st . Who has to report? A considerableDecember 19, 2019
As of the 1st of March of 2019, important tax reforms were put into effect. The legislative bill that contained these changes was Ley No. 987 Ley de Reformas y Adiciones a la Ley N°. 822, Ley de Concertación Tributaria, or Law of Reforms and Additions to Law 822, Tax Concertation Law, in English. TheseNovember 8, 2019
No one wants to pay more tax than they need to. Therefore, it is important to comply dutifully with the requirements outlined by the Ley de Concertacion Tributaria and its bylaw, so as to be able to deduct all expenses and costs that are available to taxpayers. This article will discuss the importance of deductingOctober 29, 2019
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