tax and accounting tutorials

Accounting for Withholding Taxes in the Philippines

By: Floyd C. Paguio We had been browsing some search terms leading to our pages, blog posts and articles when we noticed the search phrase “accounting for withholding tax entries“, and this invites our attention to make a simple article on the accounting entries related to withholding taxes.  To start with, please note that under the

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Tax Savings on SME education

With much due respect, we disagree with the notion that education is costly, and instead, we submit that ignorance is more costly! Let me share hereunder our views. As Article 3 of the Civil Code of the Philippines puts it, and hereunder quoted: “Ignorance of the law excuses no one from compliance therewith.” This is

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