Is the Announced PAPT Raid a Hoax?
The different forums frequented by Philippine i-café owners are awash with posts and comments ranging from fear to doubts as to the accuracy of reports announcing the inspection and/or raids to be done by Pilipinas Ant-Piracy ... read more
Using Itemized Deductions on Income Tax Return
My Internet connection is back after two (2) straight days without it. How I was able to have it back is another story. For now, let me tackle the other method of deducting your expenses in running a ... read more
I Only Have Have This Announcement for Today
My internet connection was out since 1:00 AM yesterday. This is now the second day that I am without connection to outside world and I say, it’s quite difficult for a guy like me to be in this ... read more
Computation of 2008 Income Tax Using OSD
Let us now compute the income tax of an i-café owner for the gross sales he had for 2008 using the Optional Standard Deduction (OSD) as provided for under Republic Act No. 9504 and its implementing rules and ... read more
Using OSD on Income Tax Return
In my blog article on The Income Tax of an I-Café Owner, OSD or Optional Standard Deduction was mentioned as one option that a taxpayer can use on his annual income tax return. The new Revenue Regulations No. ... read more
The Income Tax Of An I-Café Owner
Now is the season of computing, filing and paying the annual income tax derived from compensation and/or business of every citizen including an i-café owner. Many questions are being asked in various forums regarding the subject. In this ... read more
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