Did you know that there are taxpayers who are REQUIRED to adopt the calendar year accounting period? --- In general, the taxable income...

Main provisions of Senate CREATE Bill

Aside from the 13th month pay, Christmas bonus and hamon, some employees are waiting for their tax refunds before the year ends or early...

Uy excited ka na ba sa 13th month pay mo? Ibawas mo muna yung tax bago mo ubusin sa shopping list mo Remember that if your 13th month...

Did you know that casualty losses (on properties used in business) may be deducted as a valid expense from the gross income? To be...

It’s been two (2) years since the TRAIN Law was enacted but there are still taxpayers who get confused with the 8% Income Tax Rate. So,...

WHAT IS PROFESSIONAL TAX AND WHO MAY BE REQUIRED TO PAY? Every person legally authorized to practice his profession (those requiring...

Due to the on-going community quarantine, most businesses had to stop their operations thereby incurring losses. Some enterprises...

With just 95 days before Christmas, we're giving you a lighter Tax Break this Monday. Besides the 13th Month Pay and Christmas Bonus,...