All registered taxpayers engaged in business are provided by the Bureau of Internal Revenue (BIR) an Continue Reading
Tax Compliance Tips
What You Need to Know About Official Receipts?
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
Reminder on Year-End Compliance
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
What are the Books of Account?
(Updated: July 23, 2025) All business establishments and taxpayers are required to keep a record of Continue Reading