It has been over three years since the COVID-19 pandemic started. There are changes that have Continue Reading
Tax Compliance Tips
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
New BIR Tax Tables for 2023 Onwards
This BIR tax table may be outdated by the time you read this article. If you are looking for 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
Payroll Tax Annualization and Year End Reporting
The end of the calendar year is near and during the year-end, companies with employees will perform Continue Reading