Category: Business
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CMEPA 101: What Savers and CPAs Need to Know About the New 2025 Deposit Tax
There has been growing public discussion, and some confusion, surrounding the recent changes in the taxation of deposit interest income under the Capital Markets Efficiency Promotion Act (CMEPA) or Republic Act No. 12214. As finance and tax professionals, it’s important to understand these changes based on actual provisions of the law and regulatory issuances, rather
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Thinking of Taking Control of Your Accounting Career?
We came across a website recently that listed the average CPA salary in the Philippines, around ₱17,000/month for entry-level and ₱50,000/month for experienced professionals. Surprised? Don’t be just yet. The data was based on only 182 uploaded salary profiles. Other sources might say something different. But regardless of the numbers, one thing’s for sure: The
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Why Struggle with Slow Systems? Cloud Accounting is the Smarter Move
In today’s digital landscape, cloud accounting is no longer just an option—it’s a strategic advantage. By moving your financial records to the cloud, you gain real-time access to your data, streamline your processes, and significantly reduce overhead costs. Unlike traditional desktop or on-premise systems that require significant investment in IT infrastructure and ongoing maintenance, cloud-based
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Avoid Penalties: SEC Now Requires Official Contact Details
Pursuant to SEC MC No. 28, s.2020, all corporations, partnerships, associations, and individuals registered with the Securities and Exchange Commission (SEC) are required to create and/or designate an official email address and mobile number. These contact details will serve as the primary channels for receiving notices, orders, and other communications from the Commission. Submission Instructions:
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Getting Through a Pandemic is Tough, Doing Taxes Alone Doesn’t Make It Easier.
Even with the challenges brought by the Coronavirus, tax deadlines are still very real. While some dates may have been extended, they’re still coming, and fast. Are you keeping up with your tax compliance? Or still trying to handle it all by yourself? You can check the updated tax filing and payment deadlines on the
Bong Corpuz & Co. CPAs 