Congratulations! You’ve finally decided to resign from your job and go full time into your profession. Whether you’re going to become a freelancer, a licensed professional, or a small business owner, you’re now your own boss! Now to make sure that things are on the up and up, the first thing… Read MoreHow to Transfer Your RDO Using BIR Form 1905
When you want to get started in using Taxumo, the first thing that you need to do is check your settings page. This is a very important step before you begin filing taxes as Taxumo’s system will be referring to the info you set in here in filing your tax… Read MoreHow To Update Your Profile On Taxumo
In this article, we will talk about the Revenue Memorandum Circular No. 60-2020. This memo details the obligations that business owners need to comply with when they are conducting their business using electronic platforms. Read through as we flesh out the details of the memo. What is the purpose of… Read MoreWhat You Need to Know About RMC No. 60-2020
In this article, we’ll talk about how to submit attachments to Annual ITR using eAFS. Submitting the attachments to your annual income tax return (ITR) is now more convenient thanks to the recently released AFS eSubmission Portal (aka eAFS) of the BIR! They announced it via RMC 049-2020 that details the… Read MoreHow to submit attachments to Annual ITR using eAFS
Hello, once again! We’re back with another How To Use Taxumo Article and in this blog post, we will teach you how to set up your Company Information in Taxumo. Setting up our Company Information is very easy. You will have a guide at the left side of your screen.… Read MoreTaxumo How To’s: Setting up your Company Information in Taxumo
Creating a User Account in Taxumo When I started my business, I didn’t know how to pay my taxes as a business owner. This made me feel uneasy. I thought the only solution was just not to pay it (since I couldn’t afford paying an accountant — a decent one… Read MoreTaxumo How To’s: Creating a User Account in Taxumo
The Holiday Season is upon us. And it’s the season to be jolly, right? 🙂 But once the festivities are over, it’s a reality check for most business owners like you. What’s the realization that most entrepreneurs have at the start of each year… “Oh (expletive here), I haven’t renewed… Read MoreGet Your Business Permit Renewed This Coming New Year with Taxumo (Until December 30, 2019 Only)
Hi, everyone! We just want to make a quick announcement. As most of you would know, the Annual Income Tax Return Deadline for 2018 (previous year) will be on April 15. Taxumo’s deadline is earlier and our deadline will be on April 10. As of now, we are still waiting… Read MoreFile and Pay your Income Tax Return for 2018 (1701) via Taxumo!
Whether you’re a freelancer or a business owner, obtaining a BIR registration certificate is a must for you. Also known as BIR Form 2303 and Certificate of Registration (COR), this type of document gives you the legal rights to operate your business in the Philippines. All professionals licensed by the Philippine… Read MoreBIR Certificate of Registration Guide: What is Form 2303 and Why Do You Need It?
There’s nothing more liberating than becoming a bonafide freelancer or business owner. But with great freedom comes big responsibilities, and one of them is settling your income tax in the Philippines. You might get the feeling that filing taxes may not apply to you anymore since you’re no longer working… Read MoreWhy Freelancers and Solopreneurs Need to Pay Income Tax in the Philippines