In the last four years, two major tax reform measures — the TRAIN Act and the CREATE Act — have been signed into law. TRAIN entered the statute books in December 2017 and CREATE in March 2021. The ...

When the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 28-2014 last April 16, 2014, it was a confirmation of the answer stated in the “frequently asked questions†...

Until when can I pay my tax returns? Technically, you can pay your taxes until April 15, 2025. However, to better accommodate all taxpayers filing their Annual Income Tax Returns, Authorized Agent ...

Clear tax filing instructions and guidelines are essential for promoting compliance and ensuring that taxpayers are not caught off guard by sudden regulatory changes. On Aug. 7, 2024, the Bureau of ...

In life there are only two certainties — Death and Taxes. Keep this in mind as the tax filing season approaches. By some coincidence, filing season takes place at roughly the time of year when we ...

The Philippine Tax Whiz addresses the frequently asked questions discussed on Revenue Memorandum Circular 87-2024 on Tax Filing Returns and Payment of Taxes pursuant to the Revenue Regulations No.