That’s because your employer withholds some money from each paycheck in the form of withholding taxes, which help pay your income tax bill throughout the year. It’s important to understand how ...

As the campaign period for those vying national positions in the 2025 mid-term polls officially started, the Bureau of ...

You might owe more when you file your tax return depending on the information you've included on your W-4. This can happen if your withholding per your W-4 isn't sufficient to meet your ultimate ...

MANILA, Philippines – The Court of Tax Appeals (CTA) has affirmed the victory of former senator Manny Pacquiao and his wife Jinkee in a P2.2-billion tax case.

My investment accounts don’t withhold taxes from my capital gains, which is causing me to owe large amounts when I file my returns. How can I mitigate this situation? As capital gains ...

Last Jan. 16, 2025, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 5-2025, amending certain ...

Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits. It increased ...

A group of nine senators on the Environment and Public Works Committee said on Tuesday the Trump administration is illegally ...

The campaign of the Bangko Sentral ng Pilipinas (BSP) for  small scale miners to sell their gold product to the Central Bank ...

ABUJA – In an effort to boost the economy, the Federal Inland Revenue Service, FIRS, has announced the commencement of the implementation of the withholding tax system. In a statement yesterday ...