As the year draws to a close, the so-called “busy season” also begins. During this season, taxpayers and accountants begin to prepare for the filing of year-end tax compliance requirements. One of the ...

For employees who are qualified for substituted filing, a copy of BIR Form 2316 must be submitted to the BIR on or before Feb. 28. As clarified in the recently issued Revenue Memorandum Circular No.

I am worried of the Bureau of Internal Revenue’s (BIR) deadline in the filing of Income Tax Return (ITR) because I am not quite sure whether I qualify for the substituted filing of such. For a ...

Keeping up with the most recent tax regulations is crucial when filing taxes, especially for individual taxpayers. It is essential to know information that can help ease the burden of tax filing, ...