Madalas na tanong ng mga bagong business owners, “Totoo ba na pag may DTI permit, masisilip agad ako ng BIR?” Upang bigyang linaw, atin pong talakayin ang isang kwento mula sa Davao na maaaring magbigay aral sa bawat isa. Isang araw, isang business owner ng ukay-ukay ang nagulat nang makatanggap… Read More“Masisilip Ba Ako ng BIR?” – Kahalagahan ng Pagrerehistro sa BIR
Navigating life’s journey comes with its share of duties, and among these, managing taxes stands out as a non-negotiable responsibility. However, the complexity of tax obligations can sometimes lead to overlooked or unresolved issues, leaving individuals and business owners wondering how to check open cases in BIR and restore their… Read MoreHow to Check Open Cases in BIR with Taxumo
As the April 15 deadline is fast approaching, the topic of income tax return filing becomes increasingly worrisome for others. While the process may seem straightforward for those with a single employer, it can quickly become complex for individuals who have worked for more than one employer within the previous… Read MoreWhy BIR Form 1700 Should Matter for Every Employee
Capital gain tax stands as a critical component in the tax architecture of the Philippines, primarily affecting those who profit from the sale of certain assets. For savvy taxpayers looking to navigate their fiscal obligations smartly, grasping the nuances of capital gain tax is indispensable. This guide seeks to unravel… Read MoreNavigating Capital Gain Tax in the Philippines
In the realm of business operations, understanding and managing tax obligations are crucial components of success and legal compliance. One essential document that plays a pivotal role in this process is BIR Form 2316. This form is integral for employers in the Philippines, serving as a certificate that details an… Read MoreUnderstanding BIR Form 2316: A Guide to Employee Compliance in the Philippines
Would you agree to have taxes deducted from your earnings without any proof? Certainly not. But what exactly is BIR Form 2307, or the Certificate of Creditable Tax Withheld at Source? Surprisingly, many professionals and businesses are unaware of the critical role Form 2307 plays in their tax dealings. Professionals… Read MoreBIR Form 2307: The Key to Proper Tax Credit for Filipino Professionals & Businesses
For businesses and professionals in the Philippines navigating their tax responsibilities, maintaining accurate and compliant books of accounts is non-negotiable. Opting for Loose-Leaf Books of Accounts offers flexibility and ease, especially for those who may not prefer the traditional written and bound booklets. The BIR’s Online Registration and Update System… Read MoreA Guide to Loose-Leaf Books of Accounts Application & Submission via ORUS
Alright, let’s dive straight into the world of “annual income tax” and that moment we all secretly hope for – getting a “tax refund.” Ever wonder when the stars align and you actually get money back from the taxman? Well, it’s all about the dance between what’s been taken from… Read MoreShould You Get a Tax Refund?
In the digital era, the Philippine Bureau of Internal Revenue (BIR) has taken significant strides towards simplifying tax compliance and administration for taxpayers across the country. The introduction of the Online Registration and Update System (ORUS), accessible through orus.bir.gov.ph, marks a pivotal advancement in the BIR’s digital transformation efforts. This… Read MoreNavigating Tax Compliance with Ease: A Closer Look at ORUS BIR
The digital marketplace is an ocean of opportunity for Filipinos looking to express themselves and earn income online. It is ever-changing with the tides of technology and regulation. In this new environment, a new economy has definitely been created and with it comes regulations. A recent governmental update made its… Read MoreUnderstanding the 1% Withholding Tax on Online Sellers