In a country with limited social support, this burden is heavier for senior citizens —many of whom grapple with rising ...

THE government has long utilized tax amnesty programs as a fiscal strategy to encourage voluntary compliance, broaden the tax base and generate much-needed revenues. Recently, new general tax amnesty ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a ...

For individuals, net income signifies earnings after taxes and deductions, offering insight into actual take-home pay. Net income (NI), also known as net earnings, is the profit a company or ...

Below are the ways Reeves could raise income tax, how much they would cost, and how much each would raise. People pay ...

The Court of Tax Appeals (CTA) has ordered the local arm of multinational chemicals firm BASF (Phils) to pay PHP10.2 million ...

Knowing your MAGI can help you figure out if you're eligible for certain tax deductions this filing season. Plus, learn how it differs from adjusted gross income. Many, or all, of the products ...

Form 1099-K reporting requirements have created a lot of confusion, and it's understandable why. Many of those sellers haven’t received 1099-Ks before, so understanding the new rules is important for ...

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