The tax system in the Philippines is quite difficult to grasp by small and medium business owners, professionals and other income earners, especially if they don’t have any basic knowledge in accounting and taxation. For big companies and corporations, they have the money to hire … [Read more...]
Is Google AdSense Income Taxable?
Perhaps, Google AdSense is the most popular and the simplest way to earn money on websites and blogs. It is also free and could instantly be implemented on any site of all sizes once your AdSense account is approved by Google. If you are already receiving cash from Google or … [Read more...]
Tax for Online Traders, Sellers and Professionals
One of the doctrines of taxation is that taxes are the lifeblood of our country. Without tax collection, our government cannot be able to fund our national expenditures, such as the construction of bridges, public schools and hospitals, and the implementation of existing laws and … [Read more...]
10 Mistakes to Avoid When Filing Income Tax Return
There is only one week left until April 15 is here – the deadline for annual income tax filing. If you are already done filing your income tax return with the BIR, then congratulations for making it earlier than the due date. For others who have not yet filed their income tax … [Read more...]
Top Taxpayers in the Philippines
Taxes are the lifeblood of our country. Without tax collections, our nation won’t be able to construct bridges, streets, schools, hospitals, and other infrastructures for the public consumption. Without taxes, our government agencies and offices won’t run to serve the citizens. … [Read more...]
BIR Interactive Forms for Income Tax Filing Now Available
On November 2011, the Bureau of Internal Revenue (BIR) has issued Revenue Regulation No. 19-2011, requiring taxpayers to use the revised forms for filing their income tax returns. The new forms, which include BIR Form 1700 (Annual Income Tax Return for Individuals Earning Purely … [Read more...]
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