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GRIT, Redefined

Beyond audit season: The continuing journey of accountants

FIRST of all, congratulations to all accountants for successfully navigating through another audit season! Truly, reaching the end of...

The significance of organizations amid freelancing

AS of this writing, there are reportedly 1.57 billion freelancers worldwide, constituting 47 percent of the global workforce. This figure...

Matches, 'Magic 13,' male cedula tax

HAVE you ever wondered why the deadline for the filing of internal revenue taxes with the Bureau of Internal Revenue is on April 15? Let...

Non-CPAs as competent professionals in audit engagements

THE period spanning from January to April 15 each year is commonly known as the "audit season" in the Philippines. In anticipation of...

Why go for 8% gross income tax rate?

LIFE presents us with numerous choices. Most of the time, we become indecisive. Don't worry about it. I am here to guide you as to why...

Features of Ease of Paying Taxes (EOPT) Law

WITH the aim of modernizing and simplifying the mechanism for payment and filing of taxes, Republic Act 11976, or the "Ease of Paying...