It is essential that payroll records, withholding tax returns, and alphalists are fully reconciled. Any mismatch between amounts reported and taxes actually remitted during the year may result in ...

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 ...

For employees who are qualified for substituted filing, a copy of BIR Form 2316 must be submitted to the BIR on or before Feb. 28. As clarified in the recently issued Revenue Memorandum Circular No.

AS the calendar year closes on Dec. 31, 2025, it is critical for businesses to review and comply with applicable tax, corporate and local regulatory obligations so that mandated requirements are met ...