Posts tagged ‘income tax’

4 Reasons Why Filing Taxes Can Benefit Your Life (For Freelancers, Licensed Professionals, and Entrepreneurs)

Updated: August 16, 2018 | Business, Freelancing, In Focus | No Comments

One of the most common questions people ask me is if it’s necessary for a starting freelancer or a newbie entrepreneur to file and pay taxes. The answer of course is yes, it is necessary and they should. It may seem common sense, but I understand where the question is coming from because I have […]

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Employees vs Professionals: Which One Pays More Taxes?

Updated: September 24, 2014 | Freelancing, Personal Finance | 22 Comments

I met with an accountant friend yesterday and one of the topics of our conversation was how much taxes employees and professionals pay in the Philippines. I listened intently to his explanation, and below is my best effort to share with you the surprising things I learned. — Meet Mr. Employee. He is a graphic […]

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