
The BIR’s RMO 36-2025 expands mandatory audits, what used to be exceptions are now automatic. Learn what this means for your business and how to prepare. What is RMO 36-2025? A Revenue Memorandum Order (RMO) is an official directive issued by the Bureau of Internal Revenue (BIR) to guide its revenue officers on how to

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

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.

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