All businesses and self-employed individuals engaged in selling goods and/or services are needed to Continue Reading
Tax Compliance Tips
How to Register Invoice per RR 7-2024?
Republic Act No. 11976 - Ease of Paying Taxes (EOPT) Act and Revenue Regulation (RR) No. 7-2024 Continue Reading
RR 3-2024: Implementing the Amendments by Ease of Paying Taxes Act (EOPT) on Value Added Tax (VAT) and Percentage Tax
On April 11, 2024, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 3-2024 Continue Reading
BIR Form 1701 – Annual Income Tax Return
BIR Form 1701 is a tax form used in filing the Annual Income Tax Return of Individuals engaged in Continue Reading
How to Register as Self-employed or Freelancer?
To register as self-employed or freelancer in the BIR is a key step you need a to take not only to Continue Reading
5 Benefits of Registering, Filing and Paying Your Taxes as Freelancer or Self-Employed
The popularity of freelancing or self-employment has been growing over the past years. Due to the Continue Reading
BIR Tax Penalties for Failure to File and Pay Taxes
When you are busy running and managing a business or self-employment it is easy to overlook the Continue Reading
CREATE Law – Tax Rate Changes Effective July 1, 2023
It has been over three years since the COVID-19 pandemic started. There are changes that have Continue Reading
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