Income Tax Return Preparations

I.     USE OF THE NEW INCOME TAX RETURNS

    A. Individuals

        1. Disclosure of Other Income not Subject to 5-32% Income Tax Rates

    B. Corporations

    C. Partnerships and GPPs

    D. Joint Ventures

II.     DETAILS ON EXTERNAL AUDITORS/TAX AGENT PRACTITIONERS/ACCREDITED TAX AGENTS

III.    DEDUCTIBLE EXPENSES AND SUPPORTING DOCUMENTS

    A. Itemized Deductions

    B. Optional Standard Deductions

    C. Personal and Additional Exemptions

IV.    MINIMUM CORPORATE INCOME TAX (MCIT)

V.     IMPROPERLY ACCUMULATED EARNINGS TAX (IAET)

VI.    NET OPERATING LOSS CARRY OVER (NOLCO)

VII.   FINANCIAL STATEMENTS (FS)

    A. Audit by an Independent Auditor

    B. Supplemental Notes to FS

        1. Required Schedules

VIII.  STATEMENT OF MANAGEMENT RESPONSIBILITY

IX.    OTHER ATTACHMENTS REQUIRED IN THE SUBMISSION OF ITRs

    A. Quarterly ITRs

    B. Withholding Tax Certificates

    C. Certificate of Tax Exemptions

    D. SAWT/MAP

    E. Alphalist

    F. Others

X.     USE OF CORRECT PLATFORM IN FILING INCOME TAX RETURNS

    A. Who are mandated/allowed to use the following:

        1. Electronic Filing and Payment System (eFPS)

        2. Electronic Bureau of Internal Revenue Forms (eBIRForms)

        3. Manual Filing

XI.     WHO ARE NOT REQUIRED TO FILE ITRs

XII.    PENALTIES

Speaker: Atty. Judy Regalario

 – Tax Consultant / Lecturer on the different taxes covered by NIRC.
– Professor at Xavier University, Ateneo de Cagayan Cagayan De Oro (2011-2012)
– Former OIC – Head Revenue Executive Assistant, Bureau of Internal Revenue (2009)
– Master of Economics – YOKOHAMA National University, JAPAN (in the field of International Economics – Public Policy and Taxation)
– Bachelor of Laws, Xavier University, Ateneo de Cagayan de Oro, Philippines
– Certified Public Accountant

Early Bird Rate Php 4,395 + VAT (until Nov. 5)

Regular Rate Php 4,995 + VAT (starting Nov. 6)

Group RatePhp 3,995 + VAT per pax (5 pax or more)

For your convenience, you may deposit your payment at any branch of

BANCO DE ORO (BDO)

Account Name: Powermax Consulting Group Inc.

    Account Number: 4950214023

BANK OF THE PHILIPPINE ISLAND (BPI)

Account Name: Powermax Consulting Group Inc.

Account Number: 4021-0138-68

Branch: Robinsons Equitable Tower Ortigas

Please fax a copy of the validated deposit slip with your company details to 470-1055 or email a scanned copy to info@powermaxph.com. Official Receipts are to be given on the day of the seminar.

“We Accept All Major Credit Cards.”