Differentiating Tax Evasion & Tax Avoidance

When running a business, every peso, every centavo counts. Good financial management and accounting practices are essential to running a successful business. That said, all successful businesses do not make…

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Taxes You Could Face When a Loved One Dies

One of the things the wealthy people in the Philippines still consider is estate planning. Since they have a lot of assets to disburse among the heirs upon their demise,…

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What to Expect: 8% Income Tax Rate on Gross Sales/Receipts

One of the most intriguing provisions of Train Law since its effectivity in 2018 is the 8% income tax rate on gross sales/receipts. This is a filing option available for…

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Which Business Structure to Implement?

Determining what business structure to implement is crucial to your success. Seek expert advice from tax services & accounting services in Pasig, Metro Manila.

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What is the BIR Form 2307?

Whether you’re a business owner, project-based employee, or freelancer, one of the many BIR Forms you will encounter in is the BIR Form 2307. It is important since you are…

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