What to Prepare for the Annual Income Tax Return Filing
If you are preparing to file your Annual Income Tax Return (AITR) with the Bureau of Internal Revenue (BIR) in the Philippines, here are some things you need to prepare:
If you are preparing to file your Annual Income Tax Return (AITR) with the Bureau of Internal Revenue (BIR) in the Philippines, here are some things you need to prepare:
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 60-2020 last June 1, 2020 to remind all persons doing business or earning income in any manner or
Every year end, employers are reminded to carry out their year-end payroll adjustments for compliance with the existing withholding tax regulations. These adjustments, also called tax annualization, are performed to
With the upcoming holiday season, It is definitely the season to be jolly as we await our 13th month pay and other Christmas bonuses. But before we get excited about
On September 28, 2022, the Bureau of Internal Revenue (BIR) released the Memorandum Revenue Circular (RMC) 131-2022 notifying the Taxpayers with the release of new offline eBIRforms package version 7.9.3.
Passive income includes earnings from investments and other ventures that require minimal supervision or effort such as income generated from interests, dividends, royalties, and payments from rental property. While it’s
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