A foundation is a non-stock, non-profit corporation established for the purpose of extending grants or endowments to support its goals or raising funds to accomplish charitable, religious, educational, athletic, …
Book of Accounts is a book where you record all the financial transactions of the business. Entries in the books of accounts are required to be supported with documents such …
Separation pay is the amount due to employees who have been terminated from service/employment due to reasons allowed by law and not due to the wrongdoings of the employees. …
A Creditable Withholding Tax Certificate (BIR Form No. 2307) is a certificate to be accomplished and issued to recipients of income subject to expanded withholding tax paid by a …
Withholding tax on compensation is the tax withheld from income payments to individuals arising from an employer-employee relationship. The one withholding the tax is the employer. The employer …
Self- employed are those individual working for oneself as a freelancer or the owner of a business rather than for an employer. A home-based business is a …
