Netflix has become more than just a streaming platform for entertainment; it’s increasingly offering thought-provoking and educational content. One such gem is “How to Get Rich,” a documentary by personal finance expert Ramit Sethi. While it may not be your typical Netflix binge-watch material, it’s an eye-opening and educational journey… Read MoreWhy You Should Watch Netflix’s “How to Get Rich” by Ramit Sethi
You’ve exchanged vows, cut the cake, and danced the night away. But before you ride off into the sunset as a happily married couple, there are a few tax changes you need to be aware of as Filipino citizens. Don’t worry, we’ve got you covered! Here’s a Buzzfeed-style guide to… Read MoreTax Changes 101: What Filipino Couples Need to Know After Saying ‘I Do’
As Filipino taxpayers, it is essential to have a clear understanding of the Bureau of Internal Revenue (BIR) forms that pertain to our tax obligations. In this guide, we will discuss BIR Forms 2550Q and 2551Q, their significance, and how they relate to our tax responsibilities. It is important to… Read MoreEverything You Need to Know About BIR Form 2550Q and 2551Q
As a freelancer starting out in the Philippines, it’s important to understand your financial responsibilities, including the monthly contributions to government-mandated programs like the Social Security System (SSS), Pag-IBIG Fund, and the Philippine Health Insurance Corporation (PhilHealth). To ensure accuracy, let’s refer to the latest information provided by the respective… Read MoreStarting Freelancing in 2023? Know Your Monthly Payments for SSS, PAG-IBIG, and PhilHealth
As a responsible Filipino taxpayer, it’s important to understand what to do once the tax season comes to an end. Completing certain tasks after filing your tax returns can help ensure compliance and maintain a smooth financial journey. In this blog, we will provide you with a post-tax season checklist,… Read MoreTax Season is Over, Now What? A Post-Tax Season Checklist for Filipino Taxpayers
Taking on freelance work is such an exciting venture. Not only does it increase your income potential but it also expands your skillset. We’ve talked to many freelancers, and most of them made a real sustainable career out of it. Here are some of the questions they wish they knew… Read MoreThinking of Taking on Freelance Work? These Are the Things You Need to Know to Get Started
First things first, congratulations! We salute you for thinking of expanding your income potential by starting a small business. There’s a lot of work that goes into running a business. But before you get to the nitty gritties of daily operations, let us equip you with the necessary pre-work to… Read MoreI Am an Online Seller. Is There a Way to Make Business 100% Legit?
So you’ve started your small business, you got the business name locked down, you got your branding on-point, what’s next? The next best step is to make your side hustle legit! This opens the doors for better opportunities with clients and access to government services designed to help freelancers. So… Read MoreI Accept Side Hustles, Gigs, Rakets. Do I Really Have Tax Obligations?
There’s a reason why professionals, sole proprietors, corporations love using Taxumo. Apart from being the most efficient online tax support system, Taxumo offers a whole lot of other features that make compliance management a seemingly easy task! Taxumo has many features that make it an excellent online tax platform. These… Read MoreYou’ve Been Sleeping On These Free Taxumo Features
Donations can help lower your taxes. This is because the Philippine tax code provides incentives for charitable giving through tax rebates. Here are the steps on how to avail the tax rebate via donations: Choose a qualified donee organization – To avail of the tax rebate, your donations must be… Read MoreDoing Good Is a Rewarding Experience. But, Did You Know It Can Also Help Lower Your Taxes?