News & Updates
Read more about the latest news and updates on the industry policies and upcoming deadlines to ensure up-to-date coverage.

Tax Deductions on Gifts
As Filipinos, we like to express our gratitude and generosity towards others by giving them gifts. It’s not just a part of our culture but also a custom that we

January 2022 BIR Deadlines
Start the year right by filing and paying your taxes right on time! As we both prepare for another challenging tax season ahead, here’s a tax calendar we’ve prepared to

Donor’s Tax on Partial Renunciation of Inheritance
The Section 12 of Revenue Regulation No. 12-2018, which incorporates the amendments introduced by the Tax Reform for Acceleration and Inclusion (TRAIN) Law, provides that the “general renunciation by an

December 2021 Tax Calendar
Filing your taxes on time is one of the best gifts that you can give your business this Christmas. So before you celebrate the season’s festivities, check out this tax

Basic Steps in Closing Your Books
Closing the books refers to the accounting procedure done at the end of the month, quarter or year, to ensure the accurate and timely delivery of your financial reports and

Permit to use Loose-leaf Books of Accounts
Are you tired of maintaining a manual book of accounts and handwriting your numerous business transactions? Why not try applying for a loose-leaf book of accounts? With this, you can