watermark logo

Up next

3 Online Consultation Oct 26 2023

1 Views 11/26/23
Aryel Narvasa
Aryel Narvasa
Subscribers
0

FREE BOOKS

馃Manual For LoA Specialista Confidential
https://drive.google.com/file/....d/1yJ14gcOE75danVD7O

"25 FAQs BIR Letter of Authority. Coverage. Comprehension. Compliance" https://drive.google.com/drive..../folders/1Di6Zcc0lTP

"25 FAQs Subpoena Duces Tecum. Coverage. Comprehension. Compliance."
https://drive.google.com/drive..../folders/1HHPrJVcNip

馃HOW TO DONATE
https://drive.google.com/file/....d/19k-K0vz2J5X2T9pOy

SAMPLE CONTRACT FOR CPAs
https://drive.google.com/file/....d/1Wbj43xZ9snFHQQOS0

馃IMPORTANT LEGAL NOTICE
Read our laws. Comprehend their meanings. Know their immediate and future effects. Apply them timely and consciously. This video explained how you may free yourself from tax ignorance and declare your independence and self-reliance today. For the record, ITS CONTENTS ARE FROM MY PERSONAL BELIEFS AND CONVICTION.

馃WHO IS EMELINO T MAESTRO?
https://drive.google.com/file/....d/1Qw8VsHP1Nae3hKU-9

馃HOW TO BOOK A CONFIDENTIAL TAX CONSULTATION
https://drive.google.com/file/....d/1MpZv1QW21OnYw3cBp

馃HOW TO SETTLE TAXSPECIALISTA'S PROFESSIONAL FEE
https://drive.google.com/file/....d/1tOZRWwceLh5YqJgBf

馃HOW TO BECOME A MEMBER OF TAXSPECIALISTA-COMMUNITY
https://www.youtube.com/channe....l/UCL-Q5vnEsv8tA_acF

Membership-Benefits
馃https://youtu.be/DvpV9LHN8IU

馃Basic Answers to Common Questions
Q: What should I do if I receive a BIR Letter of Authority?

A: You should cooperate with the BIR revenue officers who will be conducting the audit or investigation. Provide them with all the requested documents and information. You may also want to consult with a tax advisor to help you with the process.

Q: What happens if I disagree with a deficiency assessment?

A: You have 30 days from the date you receive the deficiency assessment to file a protest with the BIR. The protest must be in writing and must state the reasons why you disagree with the assessment.

If the BIR does not approve your protest, you may file a petition with the Court of Tax Appeals.

Q: Can I pay a deficiency assessment in installments?

A: Yes, you may be able to pay a deficiency assessment in installments. However, you must request this from the BIR and the BIR must approve your request.

Q: What are the common grounds for deficiency assessments?

A: The common grounds for deficiency assessments include:

Failure to file a tax return
Filing an incorrect tax return
Failure to pay taxes on time
Underreporting of income
Overstating deductions

Q: Can I be audited even if I filed my tax return on time and paid all my taxes?

A: Yes, you can still be audited even if you filed your tax return on time and paid all your taxes. The BIR may select taxpayers for audit for a variety of reasons, such as random selection, industry-wide audits, or specific leads.

Q: What should I do to prepare for an audit?

A: The best way to prepare for an audit is to keep accurate and complete records of your income and expenses. You should also be familiar with the tax laws that apply to you.

Show more

 0 Comments sort   Sort By


Up next