income taxes – Sanggraloka Wisata Nusantara

BIR Urges Taxpayers: Submit and Pay 2024 ITR by April 15

by admin | Mar 28, 2025 | income tax returns, income taxes, personal finance taxes, tax returns, taxes

On Friday, the Bureau of Internal Revenue (BIR) urged taxpayers to settle their dues when submitting their 2024 Income Tax Returns (ITR) by the deadline of April 15, 2025, to evade any fines.

In an official announcement, BIR Commissioner Romeo Lumagui Jr. urged taxpayers to submit their yearly Income Tax Returns through electronic means via the agency’s digital platforms—the Electronic BIR Forms (eBIRForms) or the Electronic Filing and Payment System (eFPS).

Lumagui stated that those who do not have internet access can utilize the eLounge facilities at the Revenue District Offices (RDOs). There, they will receive assistance with electronically filing their 2024 annual ITR.

The BIR National Office plans to set up an e-filing hub or Tax Assistance Center at the BIR National Training Center (NTC) Auditorium to serve all taxpayers.

It will be available from March 24 to April 15, 2025—skipping Sundays and holidays—from 8 AM to 5 PM.

The Bureau of Internal Revenue (BIR) is dedicated to simplifying the process of tax submission and payments by guaranteeing that both our online filing center and the digital lounges at Regional District Offices (RDOs) are accessible to support taxpayers throughout each stage. We strongly advise submitting your yearly Individual Tax Return (ITR) promptly along with the complete Income Tax owed on the same date via the BIR’s digital tools and multiple payment options such as Authorized Agent Banks, Revenue Collection Officers (RCOs), and several electronic systems including MAYA, GCash, MYEG, among others. This will ensure a seamless and stress-free procedure,” stated Lumagui.

To assist the Bureau of Internal Revenue (BIR) during the tax-filing period, designated agent banks will be available on two Saturdays next month—specifically April 5 and April 12, 2025. Additionally, bank operating hours will be extended until 5 p.m. from April 1 through April 15, 2025, for accepting tax payments.

“Our objective is to simplify tax compliance and eliminate hassles for our taxpayers. We will keep improving our services and put in additional effort to reach this aim,” Lumagui stated.

— VDV, GMA Network News

This article
BIR tells taxpayers: Submit your 2024 ITR by April 15 or earlier
was originally published in
GMA News Online
.

Want to Earn $100K Annually? Here’s What You Really Need to Make State by State

by admin | Apr 28, 2024 | cost of living, income, income taxes, money, taxes

The highest tax rates were found in Oregon, Maryland, Hawaii, California, and Maine.
Florida, Nevada, Tennessee, Texas, and Wyoming stood out for their more permissive policies.

Earning $100,000 before and after tax varies significantly, with some states having larger disparities than others.

In
Oregon
A worker would require an annual salary exceeding $156,000 to net $100,000 per year, which equates to roughly $8,300 each month.

At the opposite extreme, in several states without any state income tax, an individual earning a salary of $137,000 would retain approximately $100,000 after deductions.

Residents of
Florida
,
Nevada
,
New Hampshire
,
South Dakota
,
Tennessee
,
Texas
, Washington and
Wyoming
will have the mildest taxes applied – ending up with 72.8 percent of their pre-tax earnings when they return.

Even though Alaska doesn’t have a state income tax, certain areas might levy local taxes with an average combined rate below 2 percent.

Following Oregon, states with the highest tax rates were Maryland,
Hawaii
,
California
and Maine — included in the sequence.

Interestingly, as many as 13 states have higher tax rates compared to New York, where individuals must earn approximately $149,500 annually to net $100,000.

When looking at all 50 states, the average pre-tax income needed was approximately $146,500; both Oklahoma and Colorado fell within this range.

The statistics were released in a
recent study by GOBankingRates
, taking into account the average federal income tax along with withholding for Social Security and Medicare, plus state and local taxes.

FIVE STATES WITH THE TOP MOST COMPENSATED POSITIONS

1. Oregon: $156,280

2. California: $153,700

3. Maryland: $154,850

4. Hawaii: $154,165

5. Maine: $151,640

Source:

GOBankingRates