As mandatory State paid family leave and paid family and medical leave (collectively “PFML”) programs have significantly expanded and proliferated ...

As the industry’s clout grows, Congress could wipe out the IRS requirement for Form 1099 for decentralized transactions.

The Court of Tax Appeals (CTA) has denied the petition of Philippine Airlines, Inc. (PAL) which sought a refund of more than ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

The Bureau of Internal Revenue will have to revise its revenue collection targets if Congress approves the proposed two-year moratorium on the annual hikes in tobacco excise tax, BIR Commissioner ...

A cheat sheet for new brackets, deductions and credits you need to know for filing 2024 taxes and for this year’s tax ...

The Internal Revenue Service has announced tax relief for individuals and businesses in the entire state of Georgia that were ...

Let’s say you’re 73 years old and enjoying a comfortable retirement — but you don’t need the funds you’re required to ...

THE Bureau of Internal Revenue (BIR) is receptive to the moratorium on tobacco tax rates, coupled with stricter enforcement, as it combats a surge in illicit cigarette trade and a drop in excise tax ...

A MEASURE setting an alternating tax scheme on tobacco products up to 2035 to curb smuggling and illicit tobacco trade has been approved on second reading in the House of Representatives. In a voice ...

Commissioner Romeo Lumagui Jr. expressed openness to a proposed moratorium on the annual increase in excise taxes on tobacco ...

The Internal Revenue Service (IRS) has announced a one-year delay for the earliest potential effective date of specific ...