About Us
Meet the founder!
Jackson Jaimungal is the Founder and Director of REGISTER A BIZ. Our aim is to manage and develop a team focused on support and business management ensuring that all operational, technical and business systems are addressed accurately and timeously.
Our company’s aim is to develop the strategic goals and objectives of the business, thereby providing direction and leadership towards the achievement of the operations, sales and marketing philosophy, purpose, strategy and annual goals and objectives. With many years hand on experience experience in the accounting and tax industry, we have a solid reputation of work efficiency, dedication and professionalism. Jackson holds a Diploma and a Bachelor’s Degree and has studied through Unisa.
He is a member of South African Institute of Tax Professionals, a Registered Tax Practitioner and a member of Durban Chamber of Commerce and Industry, the recognised world-class Business Chamber and a united voice of business in Ethekwini / Durban.
• Honesty and Integrity – Always dealing with our clients and our colleagues in a fair and ethical manner; gaining trust through our actions.
• Professionalism and Knowledge – The value we place on our ability to develop leaders and the need to continually grow our collective technical expertise to meet the needs of ever more sophisticated clients.
• Quality Service – Encompasses the concept of quality in everything we do, Provide services of the highest quality to our clients that consistently exceed their expectations
• Dignity and Respect – Respect for one another in the office will lead to greater productivity and staff satisfaction.
FAQ
Some common questions and answers
Here are the most common questions that are often asked in our industry....
Not all businesses are required to open a separate business bank account. But that doesn’t mean you shouldn’t do it regardless. Mixing personal and business funds can cause you to file taxes inaccurately, become disorganized, and overspend. You may accidentally use business funds to make personal purchases if you combine funds.
One of the first decisions you need to make when setting up your books is deciding how to record transactions. You can: Record transactions by hand Hire an accountant Use accounting software.
An audit is an examination of your business’s financial records. During an IRS audit, the IRS reviews your records and checks for inconsistencies in your books. Receiving an audit doesn’t necessarily mean that you’ve done anything illegal. The IRS occasionally chooses a business at random to audit. And sometimes, the IRS audits a business if its small business tax returns look suspicious.
If your business has a physical presence in a state that enforces sales tax, you must collect it from customers at the point of sale. Sales tax is a percentage of the customer’s purchase. Your state, county, or city determines the sales tax rate you must collect. After collecting sales tax from customers, remit it to your state or local government and record it in your books.