Category: Guidelines

Many people dedicate more of their time in planning the best place to go for a vacation, choosing a car to buy, or even selecting the best place to eat

Keeping in mind the general welfare of the people in response to the COVID-19 pandemic, the government has set forth quarantine measures in major areas of the country. Not only

A corporation’s profits and losses are accumulated to the Company’s Retained earnings. The stockholders receive their profit share through dividends that are being declared at the discretion of the Company’s

As far as the Bureau of Internal Revenue (BIR) is concerned, business income commensurate income taxes. As much as possible, taxpayers would always want most, if not all, of their

Property, plant and equipment (PPE) are tangible or physical assets acquired and owned by the company which will be used for more than one year and are not held for

The Bureau of Internal Revenue (BIR) warned all the taxpayers from malicious emails perpetrated by deceitful groups called “phishers” or “scammers” designed to look like emails from the BIR. These