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As a parent and as a partner at P&A Grant Thornton, quitting is a topic that I always find slippery.

IN line with implementing Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Act, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order (RMO) No. 23-2018 on May 21 prescribing the policies, guidelines and procedures for availing of eight percent income tax rate option for individuals earning from self-employment, business, and/or practice of profession. The RMO takes effect immediately.

(First of two parts) MY OWN understanding of the basic financial underpinning of Philippine federalism as I hear it from the proponents is quite simple: under the proposed federalism, each state will raise and spend its own money, except for a portion to be allocated by the states for the use of the central (federal) government to perform its assigned functions.

Tax filing season has just ended for taxpayers who use the calendar year as their accounting period. Taxpayers whose total income tax due exceeded the total tax credits/payments for the year remitted their net tax payable to the Bureau of Internal Revenue (BIR). Taxpayers whose total income tax due did not exceed the total tax credits/payments for the year, on the other hand, either filed an application for a refund or sought the issuance of a tax credit certificate (TCC) or carried over their excess credits to the quarterly income tax returns of the succeeding taxable year.

It was past noon when my heart started beating loud and fast. It was my first time to be rushed to the emergency room, because of a serious allergic reaction known as anaphylaxis. It typically causes a person to experience skin rashes, dizziness, and shortness of breath.

China’s One Belt, One Road outbound investment strategy presents a wealth of opportunity along major global land and maritime trade routes. But how can business owners outside China take advantage?

Stakeholder demands are changing, so how can business respond in the most efficient and effective way?

As much as we hate and avoid pain, it pushes us to innovate. When things aren’t going our way and we, or our loved ones, are hurt by circumstances, we are forced to explore new ways of addressing our situation. Thus, there will be a point in life when our accumulated frustration or anguish builds up to a climax of change, sometimes for the better, sometimes for the worse. But whatever is the ultimate outcome of that sudden change, we will remember it as the defining moment of our life one way or another.