Throughout the years, changes have been implemented to the country’s tax systems to ensure fairness and efficiency. In addition to updating guidelines for tax filing, the Bureau of International Revenue (BIR) has introduced new forms as well. Today, we’re highlighting one of the latest forms introduced by the BIR: Form… Read MoreAll You Need to Know About BIR Form 0619E (Updated 2022)
What are the different business structures that can affect your tax computations in the Philippines? Sole proprietorship Partnership Corporation Capital, location, and product are some of the things you have to consider when starting your own business. Each of them has the capacity to affect your tax computations in… Read MoreUnique Legal Structures and Tax Computations in the Philippines
In the freelancing world, the BIR Form 2307 is a common sight. It is one of the most important forms that a freelancer will encounter since they are required to attach it with their 1701 or 1701Q form. One of the many reasons why this form is needed is because… Read MoreAll the Basic Stuff You Need to Know About Your BIR Tax Form 2307
What do online freelancers struggle with the most? Discipline and time management Client demands and requirements Financial knowledge and management Work-life balance Becoming an online freelancer has become widely accepted. As more people prefer the comfort of their homes or coffee shops instead of a corporate office, the freelancing route… Read MoreThe Struggles of Being an Online Freelancer in the Philippines