Filing taxes and managing forms like the 2316 can often seem like a daunting task. Recognizing this challenge, Taxumo has innovated a simpler solution for you to effortlessly generate your Form 2316. Whether you’re an individual taxpayer or a business owner, this new feature streamlines the process, ensuring that tax… Read MoreCreate a 2316 Form: Made Easy with Taxumo’s New Feature
In the realm of tax compliance in the Philippines, BIR Form 2551Q, known as the Quarterly Percentage Tax Return, plays a crucial role for self-employed individuals, professionals, and businesses. This guide delves into what BIR Form 2551Q entails, who needs to file it, and how to accurately compute and submit… Read MoreUnderstanding and Filing BIR Form 2551Q: A Guide for Filipino Taxpayers
With our many conversations with individuals, we are surprised that some of them don’t actually know if they are legitimately employed in the companies that they are working in. They would ask us, “how would you know if I am employed versus hired as an independent contractor?”. Aside from checking… Read MoreGuide on How to Get BIR 2316
We get that it’s tiring to spend countless hours wrestling with paperwork and crunching numbers to file your annual income tax return. Especially if you’re doing traditional methods, this tedious and confusing process can easily overwhelm and stress you out. But there’s a better way for you to do taxes… Read MoreHow to File Your Annual Income Tax Return Digitally
Navigating life’s journey comes with its share of duties, and among these, managing taxes stands out as a non-negotiable responsibility. However, the complexity of tax obligations can sometimes lead to overlooked or unresolved issues, leaving individuals and business owners wondering how to check open cases in BIR and restore their… Read MoreHow to Check Open Cases in BIR with Taxumo
Managing taxes online has never been simpler. With Taxumo, a leading online tax preparation and filing service (and a BIR accredited tax software provider), you have the power to handle your taxes with ease. In this guide, we’re focusing on how to streamline your tax season using Maya Tax Payments… Read MoreA Guide to Using Maya Tax Payments with Taxumo
Navigating the business landscape in the Philippines requires familiarity with several key concepts, one of which is the Business Registration Number (BRN). Where do we get this number? Essential for both new and established businesses, understanding the BRN’s role is crucial for legal compliance and operational efficiency. This article delves… Read MoreWhat Is a Business Registration Number in the Philippines?
In the realm of business operations, understanding and managing tax obligations are crucial components of success and legal compliance. One essential document that plays a pivotal role in this process is BIR Form 2316. This form is integral for employers in the Philippines, serving as a certificate that details an… Read MoreUnderstanding BIR Form 2316: A Guide to Employee Compliance in the Philippines
Starting a business (sole proprietorship) in the Philippines involves several critical steps, one of which is registering your business name with the Department of Trade and Industry (DTI). But what happens when you need to wind down or change directions? Canceling your DTI registration becomes a necessary part of the… Read MoreProcess of Canceling DTI Registration
For businesses and professionals in the Philippines navigating their tax responsibilities, maintaining accurate and compliant books of accounts is non-negotiable. Opting for Loose-Leaf Books of Accounts offers flexibility and ease, especially for those who may not prefer the traditional written and bound booklets. The BIR’s Online Registration and Update System… Read MoreA Guide to Loose-Leaf Books of Accounts Application & Submission via ORUS