optional standard deduction

Hi guys, please check out a couple of our earlier blogs/episodes to follow JCruz’s tax questions.   Our triathlon coach, JCruz, is now at a stage where he’s choosing between accepting BIR’s peace offering, the Optional Standard Deduction (OSD), or attempt to identify, segregate, and document all his receipts/expenses. His… Read MoreOption O, or Option Ooh (Episode III)