News & Updates

The Securities and Exchange Commission (SEC) recently released Memorandum Circular (MC) No. 27-2020 to guide corporations under (or with potential to be under) conversion from Ordinary Stock Corporation (OSC) to

FOR INDIVIDUALS EARNING PURELY COMPENSATION INCOME (Including Non-Business/Non-Professional Income) Each taxpayer is required to file a specific annual income tax return from the different types of Income Tax Return issued

During the period of the Enhanced Community Quarantine (ECQ), the BIR issued the Revenue Regulation No. 9-2020, which implements Section 4 (Z) and Section 4 (EE) of the Republic Act

The two primary methods of accounting that are normally used today are Cash and Accrual Accounting. There are differences between both methods. However, the main distinction is on the timing

Before entering a new contract or a continuing contract with the Government, its Department, Agencies and Instrumentalities, one of the requirements is to submit a Tax Clearance Certificate (TCC) from