All income earners, except for purely compensation income earners, are mandated to issue a receipt Continue Reading
Guideline in Preparing BIR Form 1604E and Alphalist of Payees
In this article, you will learn about the BIR Form 1604E: Annual Information Return of Creditable Continue Reading
Year-End Compliance Checklist for Philippine Businesses (BIR, SEC & LGU Deadlines)
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
This article refers to a specific tax year. For the most up-to-date and evergreen guide, please 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?
(Updated: July 23, 2025) All business establishments and taxpayers are required to keep a record of Continue Reading