Category: HomeBuziness
-
How to Secure a Personal TIN in the Philippines: A Quick Guide for Individuals
If you’re planning to work, start a business, or simply comply with financial or legal requirements in the Philippines, one essential document you’ll need is a Taxpayer Identification Number (TIN). Whether you’re a fresh graduate, a freelancer, or transitioning to formal employment, securing a TIN is a must. This guide will walk you through how
-
How to Handle Local Market Purchases Without Official Receipts and Still Stay BIR-Compliant
When you’re running a small business, every peso counts. That’s why many entrepreneurs and local business owners choose to buy raw materials from their local market instead of formal suppliers. The prices are significantly cheaper, and for good reason. Most of these local market vendors operate informally, which means they don’t issue official BIR-registered receipts.
-
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
-
An Economic Overview of the Philippines Post-COVID-19
As the Philippines continues to navigate the effects of the COVID-19 pandemic, recent economic indicators suggest a mixed, and at times contradictory, picture of the country’s financial health. While the Philippine Stock Exchange Index (PSEi) remained resilient around the 6,297.78 level during this period, key economic fundamentals paint a less optimistic story. The Employment Crisis
Bong Corpuz & Co. CPAs 