With the end of the year approaching, most people start preparing for the holidays. For accountants and tax practitioners, this is also the time to plan for year-end statutory obligations, such as the ...
Everybody is very familiar with The Bureau of Internal Revenue (BIR). As the institution that handles our taxes, every taxpayer is well-aware of its existence. As the life and blood of the country, ...
THE Bureau of Internal Revenue (BIR) announced it has developed a Taxpayer Registration-Related Application (TRRA) portal to provide taxpayers with another alternative option to submit their ...
Finally, on July 29 the Bureau of Internal Revenue (BIR) issued the much-awaited Revenue Memorandum Circular (RMC) No. 76-2020 to clarify issues on the filing of BIR form no. 1709. BIR form no. 1709 ...
CEBU, Philippines – The Bureau of Internal Revenue announced that the improved tax registration forms are now available for the implementation of the Taxpayer Registration System under the Electronic ...
Which form should I use if I’m self-employed, availing of itemized deductions under the graduated rates? Is it BIR Form No. 1701 or 1701A? You will have to use BIR Form No. 1701. Since you’re availing ...
As the tax season comes, self-employed individuals and professionals will now have fewer pages to fill out when declaring their income tax return (ITR). The new ITR form -- reduced from 12 pages to ...
The current Income Tax Return (ITR) form as devised by the Bureau of Internal Revenue (BIR) is all of 12 complicated pages long. It seems to be made with big time manufacturers and people with ...
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