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ALL persons engaged in trade or business, or in the practice of profession registered with the Bureau of Internal Revenue (BIR) are required to maintain books of accounts. The registered taxpayer determines which type to adopt as allowed by BIR – (1) manual books of accounts, (2) computerized books of accounts/computerized accounting systems (CAS), or (3) loose-leaf books of accounts. Should the taxpayer opt to use either the computerized or loose-leaf books of accounts, he must file an application for permit to use (PTU) with the BIR.

Although it was almost 20 years ago, I can still recall how amazed and happy I was when I had my first ever cellphone, a Nokia 5110 (yeah, I know how true-blooded millennials would react: “Nokia what?!”). But at that time, being able to make and receive calls and text messages anytime and anywhere was already considered significant technological luxuries – a wireless telephone and a pager (another foreign term, I know) rolled into one. We were treated to a new level of convenience and connectivity. And not only that, the now-primitive but still challenging “Snake” game allowed me to get past through a lot of boring moments.

DEPARTMENTS, agencies, instrumentalities, and political subdivisions of the government, including government-owned and controlled corporations (GOCCs) and government- financed institutions (GFIs) have been hiring personnel on job-order or service contract agreement basis.

Basketball-crazy Filipinos watched the Philippine Gilas team fall short during the recently-concluded 2017 FIBA Asia Championships in Lebanon.

One casual Sunday afternoon at my parents’ home in Davao City, my Dad and I had a chat.

THE PhilHealth Circular No. 043 series of 2012 instituted Auto-Credit Payment Scheme (ACPS) to improve claims processing of all accredited health care institutions (HCIs). Under ACPS, settlement of claims is credited directly to the HCI’s designated deposit accounts with Land Bank of the Philippines (LBP).

RECOGNIZING the role that clean drinking water plays in individual health and a country’s overall economic wealth, the World Health Organization (WHO) introduced the concept of the water safety plan (WSP) in the Philippines in 2006. The WSP, according to WHO, is the most effective means of maintaining a safe supply of drinking water for the citizenry. The plan analyzes the risks of contamination, from the water source to the consumer.

I was intently listening to Dr. Diosdado “Dado” Banatao, the chairman of Philippine Development Foundation, when I was taken aback by his statement about the country’s business process outsourcing (BPO) sector.