Practical guide for the annual tax return in Mexico
Introduction to the annual tax return The annual tax return is a legal requirement for individuals and companies that pay taxes in Mexico. Complying in due time and form avoids fines, surcharges and problems with the SAT. Dates and deadlines Required documentation Step by step Previous preparation Downloading information Data capture Validation and submission Errors [...]
The importance of internal control in your company
¿Qué es el control interno? Es un conjunto de procedimientos y normas diseñados para garantizar la integridad de la información financiera, la eficiencia operativa y el cumplimiento normativo. No es exclusivo de grandes corporativos; toda empresa, sin importar su tamaño, se beneficia de él. Componentes clave 1. Ambiente de control La cultura organizacional y los […]
Common tax mistakes in SMEs and how to avoid them
The importance of timely compliance For an SME, tax penalties can represent a severe blow to your cash flow. Knowing the most frequent errors will allow you to implement controls that will keep your business in compliance and avoid onerous penalties. Mistake 1: Improperly filed tax returns How to avoid it: use a monthly checklist and double-check your [...]