Simplicity is key when it comes to making the tax system understandable
Significant simplification is urgently required to restore some sense to the tax system. Surely the tax code should be understandable by those who need to interpret it to determine their tax liability?
Here’s a suggestion for two reforms that could produce a simpler tax system, [...]

The main focus of consulting with an Accountant when getting a new business underway is to help establish, right from [...]

Most probably, If you are the head of accounting or finance in your organization, you must have considered securing a ruling from the Bureau of Internal Revenue (BIR). Quite a number of taxpayers, corporate or individual, write to the BIR for a confirmation of the tax implications of a given transaction.
What does a BIR ruling [...]

People would be astounded as to the amount of money wasted every year because of careless and unprofessional accounting and bookkeeping practices. Surveys and rough estimates from several businesses revealed millions and billions of money are lost in this kind of scheme. This is plainly because of the reason that some [...]