Learn How to Properly File Your Income Tax Return in the PH

In the Philippines, individuals and businesses must submit their tax returns by April 15 of each year. Remember, there are different ways to get this done. You can file electronically…

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Why Every business Needs a Bookkeeper to Survive

Many business owners want to maximize their profits by cutting down on their expenses. Most of them often come up with a decision to do things themselves to save their…

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Beware Small Businesses: 2 Common Bookkeeping Errors

Every business owner, no matter how big or small, needs to perform correct bookkeeping. Unfortunately, even the smallest mistakes in bookkeeping or calculations can result in financial losses. Tax services in…

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10 Errors Most People Make When Filing Their BIR Tax Returns

Many people find it difficult to manage their taxes. It is important and compulsory for a taxpayer to file an income tax return (ITR) to the BIR. The returns describe…

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Business Owners Beware: What is a BIR Audit

The tax system of the Philippines is founded on discretionary deference. This means that it is up to the taxpayer to decide which taxes to pay, how to comply with…

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The Adverse Consequences of Evading Taxes in the Ph

As a business owner, you have other responsibilities apart from running your business. You have to be responsible for your tax dues because this is your social obligation for the…

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Common Errors on BIR Tax Returns and Financial Statements

The tax return system can be hard to understand, especially for those who are unfamiliar with the finer points of the mandates of the law. On top of that, it…

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