Missed the deadline for your Annual Income Tax Return Filing? No worries—you can still catch up! Whether you’re filing late or starting on time, Taxumo makes the process easy. Its “Prepare and File” tool helps freelancers, small business owners, and even corporations file their income tax returns whether if it’s… Read MoreLate Annual Income Tax Return Filing: How Taxumo Can Help
It’s important to understand ATC and how they affect your taxes. The List of BIR ATC (Alphanumeric Tax Codes) helps you figure out the right withholding tax rates and forms you need. Here’s a simple guide to help you understand it better. What is BIR’s ATC (Alphanumeric Tax Code) An ATC (Alphanumeric… Read MoreList of BIR ATC for Income Tax Filing and Withholding Tax
If you’re running out of time or just looking for a simple way to compute your taxes accurately, a digital income tax calculator in the Philippines—like the one offered by Taxumo—can help you save time, minimize errors, and file with confidence. What Is a Digital Income Tax Calculator? If you’re short on… Read MoreHow to Use a Digital Income Tax Calculator in the Philippines (with Taxumo)
One of the most important taxes companies need to pay is the corporate income tax. But don’t worry—understanding how corporate income tax rates work and how the CREATE Act affects your tax rate can help you make better decision and save money, and plan ahead more strategically. What is Corporate Income Tax? Corporate… Read MoreCorporate Income Tax Rates in the Philippines for 2025
Life gets busy, and with so many things to juggle—work, family, bills—it’s easy to forget about taxes. But missing tax deadlines can lead to penalties, stress, and unnecessary expenses. That’s why staying on top of your taxes isn’t just about compliance—it’s also a smart financial habit. So how do we avoid… Read MoreWhy Tax Filing Deadline Reminders Keep You Financially on Track
Needless to say, running a business in the Philippines comes with a number of complex, complicated, and unique financial challenges—from managing taxes to keeping track of daily expenses, to name a few. So, whether you’re a small business owner, freelancer, or running a growing enterprise, having an efficient accounting system… Read MoreWhich Accounting Tools Work Best for Filipino Business Owners?
Starting a business is exciting. You have a great idea, the drive to make it happen, and a vision of success. But learning how to run a business successfully isn’t just about selling products or offering services—it’s also about managing finances, operations, and, most importantly, paying taxes. Many business owners tend to… Read MoreHow to Run a Business and Deal with Taxes: Tips from Entrepreneurs
Starting a new business is exciting, but dealing with the BIR requirements for new business can feel overwhelming. But gone are the days of doing everything manually or the traditional way! BIR registration is now possible online with Taxumo, making the entire process quicker and easier. Before you begin, it’s important to know if… Read MoreHow Taxumo Helps with BIR Requirements for New Business
Taxes are the lifeblood of the State, empowering the government and its agencies to operate effectively and fulfill their responsibilities for the welfare of the people. In essence, the system of taxation embodies the principle of reciprocity: what the citizen contributes through taxes is reinvested to improve society. As the… Read MoreWhat Business Owners Should Know About VAT in 2025
The 2303 BIR Form, also known as the Certificate of Registration (COR), is a vital document issued by the Bureau of Internal Revenue (BIR) in the Philippines. This document officially registers an individual or entity as a taxpayer, outlining key tax obligations and serving as proof of compliance with government… Read MoreUnderstanding the 2303 BIR Form: A Guide to the Certificate of Registration in the Philippines