Why is it your social obligation to pay tax dues

Taxes are required contributions that businesses and individuals with income must pay to the Bureau of Internal Revenue (BIR).  The BIR serves as the Philippine Tax Authority, which collects applicable…

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How to Efficiently Prepare for PH Audit Season

Businesses and professional auditors alike are bustling during the audit season. Even long-term organizations and veteran auditors may be put off by the sheer volume of work involved in this…

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Christmas bonus: A rewarding guide to employee bonuses

Since the Ber months rolled in, Pinoys have anticipated that Christmas is fast approaching. It is the holiday that everyone looks forward to because it plays a big part in…

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Lower Your Taxes: 10 Deductible Expenses in the Philippines

The goal of every business is to maximize resources to gain profits while minimizing expenses. That said, tax expenses are one kind of expense that you need to monitor and…

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Biz Hack: How to Compute for the 13th Month Pay 

The Christmas season is the time when everyone looks forward to giving and receiving gifts, attending parties or family reunions, and preparing food for Noche Buena. Another thing that many…

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