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A guide to year-end accounting and tax tune-up - Vimarsana News

A guide to year-end accounting and tax tune-up

AS we swiftly approach the year-end, with just over a month remaining, accountants are deeply engaged in readying their books of accounts and essential documentation for financial and tax reporting. As a manager overseeing these intricate accounting tasks during this period, allow me to share some guidelines, reminders and critical deadlines. These are designed to ensure the timely completion of our year-end accounting and tax checklist, mitigating the risk of potential penalties with the Bureau of Internal Revenue (BIR).

A look back on changes to the Phl individual tax landscape - Vimarsana News

A look back on changes to the Phl individual tax landscape

Unlike the previous year, there was no extension for tax filing for 2020. The government needed funds to sustain its programs and there may have been a conclusion that people have adjusted to the situation.

Tax Notes: BIR still accepts BIR Form 2316 without actual signature of employee - Vimarsana News

Tax Notes: BIR still accepts BIR Form 2316 without actual signature of employee

Tax Notes: BIR still accepts BIR Form 2316 without actual signature of employee