March 27, 2017 09:32 PM PST
SINCE 2007

Discharging IRS Tax Debts in Bankruptcy

By ATTY. CRISPIN CADAY LOZANO

IRS Tax Relief in Bankruptcy
As we all know, tax debts can spiral out of control and lead to an IRS tax lien, wage garnishment, or even property seizure. Most people mistakenly believe that taxes are never dischargeable in a bankruptcy. This myth is absolutely

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World Bank sees 6% growth for PH economy

By Corina Olinquino

In its latest Philippines Economic Update released last April 11, the World Bank assessed that the “Philippines sustains strong growth amidst difficult global environment.”

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Itama po natin!

By BEN LOU

Q: I keep helping my relatives in the Philippines and keep sending money every time they ask. Now I am having difficulties paying the debts incurred to help them. can you help me?

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IRS Fresh Start Initiative helps taxpayers who owe taxes

By Alvin Maglan, CPA

1. Installment agreements An installment agreement is a payment option for those who cannot pay their entire tax bill by the due date. The Fresh Start provisions give more taxpayers the ability to use streamlined installment

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Consequences of not paying tax debts

By ATTY. CRISPIN CADAY LOZANO

It is rarely a good idea to decide not to pay your IRS tax bill. The consequences of this can be severe, including prison.

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Philippines, Indonesia & Vietnam economies to prove stronger than other ASEAN countries

Due to its sustained robust domestic demand, the Philippines is expectrd to outperform most of its peers in the region, with a 6 percent gross domestic product (GDP) growth in 2016 and 2017, said global debt watcher

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Philippines Business
By Alvin Maglan, CPA Only a small fraction of businesses get audited. When an audit takes place, ...