Tax Incentives For Electric Vehicle Owners: Maximizing Savings

Switching to electric vehicles (EVs) is more than just a trend—it’s a power step towards a greener future.  Thanks to recent expansions in EV incentives in the Philippines, owning an EV is now more affordable than ever, with tariffs on EVs reduced to 0% until 2028. These tax incentives make it easier to reduce the […]

Untangling Tax Rules: The Ins and Outs of Tax Exemption

Taxes can be overwhelming, especially if you’re unsure of how to manage them effectively.  The good news is that understanding tax exemptions can make a big difference. By applying the right exemptions, you can lower your tax burden and keep more of your hard-earned money. In this post, we’ll break down tax exemptions in the […]

What Is Unearned Revenue? Examples and Simple Tips

Unearned revenue refers to payments received by a company for goods or services that have not yet been delivered. Even the biggest brands, like  Amazon, often deal with unearned revenue. This practice helps them manage cash flow and predict future revenue effectively. However, unearned revenue can be a bit tricky to account for, since it […]