1. I am an employee, and my employment is my only source of income. Do I need to file an income tax return? If not, what’s the proof of the taxes paid on my behalf? If I don’t have an annual income ...

As the year draws to a close, the so-called “busy season” also begins. During this season, taxpayers and accountants begin to prepare for the filing of year-end tax compliance requirements. One of the ...

Keeping up with the most recent tax regulations is crucial when filing taxes, especially for individual taxpayers. It is essential to know information that can help ease the burden of tax filing, ...

The Philippine Tax Whiz discusses Revenue Memorandum Circular 51-2024 and Bank Bulletin 2024-01 of the BIR which indicate the newest guidelines on annual income tax returns for calendar year 2023 The ...