Finally, on July 29 the Bureau of Internal Revenue (BIR) issued the much-awaited Revenue Memorandum Circular (RMC) No. 76-2020 to clarify issues on the filing of BIR form no. 1709. BIR form no. 1709 ...

Everybody is very familiar with The Bureau of Internal Revenue (BIR). As the institution that handles our taxes, every taxpayer is well-aware of its existence. As the life and blood of the country, ...

With the end of the year approaching, most people start preparing for the holidays. For accountants and tax practitioners, this is also the time to plan for year-end statutory obligations, such as the ...

It’s been more than a year since the effectivity of the Tax Reform for Acceleration and Inclusion (TRAIN) Act, but the effects of its implementation are far from over. Just this year, the Bureau of ...

As the tax season comes, self-employed individuals and professionals will now have fewer pages to fill out when declaring their income tax return (ITR). The new ITR form -- reduced from 12 pages to ...

I am currently employed full-time as a supervisor in a fast-food chain. It’s my only source of income. Do I need to file an annual income tax return (ITR)? If not, what will be my proof of income and ...

Philippine Offshore Gaming Operators (POGOs) and its service providers should have settled their tax dues before resuming business activities during the enhanced community quarantine (ECQ), according ...

I was employed at an architectural firm from June 2013 to December 2013. The company processed the tax identification number (TIN) in Makati. From then on, I did not work for any other office but ...