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
Tattoo artist, illustrator, and Taxumo community member Wiji Lacsamana envisions a brighter future after the Covid-19 pandemic, and muses on how we can pick ourselves up from this challenge, and take the opportunity to create a better world. She shares her story below: I am Wiji Lacsamana, 35, based in… Read More“We All Need One Another.” Freelance Tattoo Artist & Illustrator Wiji Lacsamana Believes Closer Collaboration is the Future: #ATimeForHOPE Special Feature
Photo taken by Elizabeth Cabida The road to becoming a freelance artist wasn’t straightforward for GloriAnne Rose Dairo. While she originally considered taking a degree in Fine Arts, her parents’ discouragement led her to take Aviation Technology instead at PATTS College of Aeronautics. However, the job hunt after graduation… Read More“You’re Scared? That’s Good.” How Freelance Artist Glori Dairo Faces Her COVID-19 Challenges: #ATimeForHOPE Special Feature
SMEs are mostly hit during a time of crisis – whether it’s economic or health in nature. For one, the Coronavirus pandemic has prompted the government to extend the Luzon lockdown. Add to that is the challenge to file and pay the annual income tax return or ITR on time.
Read MoreHow to Make your Business Covid-19 Proof (And Still Pay Your BIR Annual Income Tax)
Like you, we at Taxumo have felt the impact of the COVID-19 pandemic and the extended enhanced community quarantine. We have seen how businesses are generating less income. We sense the widespread feeling of unrest and uncertainty among everyone. We remain hopeful despite it. Filipinos have been known for their… Read MoreHas your business been affected by COVID-19? Get up to 80% on your Taxumo subscription. #ATimeForHOPE
Wanna watch a free Ben & Ben live fundraising concert on Friday, March 27, 2020 at 7pm — to help combat COVID-19 through Bayanihan? Then pls visit Ben & Ben’s FB page on March 27 at 7pm by going to the link below: … Read MorePuhon: A Ben&Ben FB Live Event for the COVID-19 Efforts
Update: The BIR has announced the extension of the deadline for Annual ITR to May 15, 2020 after we published this post. Taxumo’s deadline for the said tax return was also extended to May 10, 2020. Despite the extended period, it is advisable to file early to avoid any hassle.… Read MoreMay 2020 Annual ITR (1701 and 1701A) Filing, Now More Affordable & Easier with Taxumo
COVID19 is a serious threat, and it is heartening to see that people are taking the necessary precautions. We at Taxumo know how this pandemic is taking its toll on our livelihoods and communities. As business owners ourselves, we realize that even with these safety measures, there will be an… Read MoreCOVID-19 Response: Price Reduction on Annual Plans and Free Subscription for Doctors
The BIR Form 1700 is the form you file as an employee earning PURELY from your employment. In this article, I’ll walk you through the basics and then into the nitty-gritty of filing this form. Why do I have to file my income tax? Isn’t my employer supposed to do… Read MoreHow to File a BIR Form 1700