The new year always bring positive perspective. May it be because the close of the year is coming or Continue Reading
New BIR Income Tax Forms (RR 2-2014)
The Bureau of Internal Revenue (BIR) issued this month of February the Revenue Regulations No. Continue Reading
Bookkeeping and Tax Requirement for Freelancer/Self-Employed/Home-based Businesses
(Original posting: February 2014. Updated: March 2024) In the past decade since I wrote the Continue Reading
Reminders on Tax and Registration Deadlines for January 2014
Happy New Year! We wish you an abundant 2014! We hope you enjoyed your long Christmas holiday. We Continue Reading
Computation of Tax on Dividends
It's almost year-end as of this writing. During this time, many are already calculating how much Continue Reading
New BIR Rules on Tiangges/Bazaars or Privelege Stores
During Christmas season, most people are willing to shop or buy variety of goods, whether as gift or Continue Reading
SSS, Philhealth and Pag-ibig Payment Deadlines and Penalties
When your registered business in the Philippines is employing people, you are mandated to provide Continue Reading
What are the Books of Account?
All business establishments and taxpayers are required to keep a record of their day to day business Continue Reading
Tips to Legally Avoid Paying BIR Penalties During Tax Mapping
The Bureau of Internal Revenue (BIR) has been regularly conducting inspection to business Continue Reading
How to Compute for Senior Citizen Discount in the Philippines?
Two months ago, I read in the news that two (2) restaurant establishments were sued for violation of Continue Reading