So you want to pay less income tax from your business? Tax evasion is illegal, thus, I never recommend it to anyone. But tax avoidance is not. And if you will do it with good faith or with an intention to help people, tax avoidance can be a great way to minimize your business' … [Read more...]
How to Avoid BIR Tax Audit?
How to avoid a BIR tax audit? April 15 is fast approaching and you need to make your annual income tax complete, filed and paid before that deadline comes. But though you need to hurry to make it before the due date, it’s still better to be prudent in the preparation and … [Read more...]
20 Tips to Avoid BIR Tax Penalties
Taxes are burden imposed to persons and entities who earn income, engage in business, transfer personal or real properties, and other taxpayers who are required to pay taxes by the National Internal Revenue Code (NIRC) and other applicable laws. If a tax means cash outlay, … [Read more...]