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 ...

“Our goal is to make tax compliance easier and hassle-free for our taxpayers.”— Internal Revenue Commissioner Romeo D. Lumagui Jr. THE Bureau of Internal Revenue (BIR) told taxpayers to “pay as they ...

The April 15 deadline for filing annual income tax returns (ITRs) is just days away, but because the deadline falls on a Sunday this year, it was moved a day later to April 16. Income taxpayers ...