It has been over three years since the COVID-19 pandemic started. There are changes that have Continue Reading
CREATE Law – Tax Rate Changes Effective July 1, 2023
BIR Form 1601C – Monthly Withholding Tax on Compensation
BIR Form 1601C pertains to Monthly Remittance Return of Income Taxes Withheld on Compensation. It is Continue Reading
Annual Income Tax Return Filing for Calendar Year 2022 Guidelines – RMC 32-2023
The Bureau of Internal Revenue (BIR) released on March 16, 2023 a new Revenue Memorandum Circular Continue Reading
Importance of Bookkeeping for Self-Employed Freelancers and Professionals
Self-Employment, such as freelancing and practicing profession, has been changing the landscape of Continue Reading
2023 SSS Table for Employer and Employee
If you are in payroll department, year-end is probably one of our busiest with the annualization of Continue Reading
New BIR Tax Tables for 2023 Onwards
The new year 2023 is fast approaching. Many are looking forward to a new start. One of the Continue Reading
BIR Form 2316 – Certificate of Compensation Payment
BIR form 2316 or Certificate of Compensation Payment/Tax Withheld shows the breakdown of all the Continue Reading
Benefits of Cloud-Based Accounting Software
Keeping accounting records and filing tax returns can be one of the most tedious, time-consuming, Continue Reading
BIR RMC 131-2022 – Using Official Email Address in Filing Tax Forms
In recent months, the BIR have issued two memorandums which emphasizes the need to use official Continue Reading
Non-VAT Freelancers Guide to BIR Tax Compliance
Driven by ease in availability of technology and the comfort of working from home, many are leaving Continue Reading