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Intern first assignment tax specialista accepting tax bookkeeper tax basis financial statements

0 Views· 11/26/23
Aryel Narvasa
Aryel Narvasa
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Need Trabaho or Negosyo?
Accepting INTERNS
TaxSpecialista for
1. BIR Letter of Authority
2. BIR Subpoena Duces Tecum
3. BIR-assessment Reviewer
4. BIR-assessment Protest-maker
5. Resibo.ph Bookkeeper
6. BIR-form Examiner
7. BIR-audit Witness
8. Paralegal
develop and maintain all account reconciliations.

Search and solve tax account balance problems with different tax agencies.

Conduct sales tax audits and utilize tax for entire US Agfa legal entities.

Prepare personal property tax renditions for every Agfa US legal entity.

Head responsibility for personal property tax as well as real estate tax payments for entire Agfa US legal entities.

Compile data essential to prepare federal as well as state income tax returns for chosen Agfa US legal entities.

Prepare federal along with state income tax returns for preferred Agfa US legal entities.

Respond to different government tax agencies inquiries associated with above items.

Coordinate with auditors in tax portion of annual-end audit.

Participate in process development and coordinate with business units along with tax systems and process improvement.

Supervise special projects as allocated by tax director from time to time.

Transmit taxes before last settlement date.

Ensure to file tax returns to suitable tax authority.

Provide required input SUTA rates to Paycom system.

Establish and supervise effective communication and coordinate with Paycom staff and management.
Taxes are necessary not only to sustain the government’s operations but also to fund projects that were developed to help promote economic growth and the welfare of its citizens. Without taxes, the government would be paralyzed because absent the needed funds, the government, no matter how formidable, may not be able to perform its functions effectively. Considering the rise in the volume of government projects to ensure public welfare and safety amidst the COVID-19 pandemic, it is not surprising that the tax collection agencies, such as the Bureau of Internal Revenue (BIR), are finding ways to strengthen its tax collection and make it more efficient. Indeed, tax collection is of primordial importance. However, such must be exercised within the bounds of current rules and regulations.

In order to protect taxpayers’ right to due process, Revenue Regulations (RR) No. 12-1999 was issued to govern the procedures to be expected in the conduct of a tax examination which includes steps such as the issuance of a Notice for Informal Conference (NIC) and a Preliminary Assessment Notice (PAN) prior to the issuance of a Formal Letter of Demand (FLD) and Assessment Notice. The NIC contains the initial findings of the BIR based on the examination conducted, with a request to the taxpayer to present its defenses within 15 days from receipt of the NIC or during the informal conference with the revenue officers who audited the taxpayer’s records. Otherwise, the taxpayer shall be considered in default resulting to the issuance of the PAN. On 28 November 2013, the BIR issued RR No.18-2013 which removed the requirement for the issuance of a NIC and the conduct of an informal conference. However, RR 18-2013 was subsequently amended by RR No. 7-2018 which reinstated the NIC and informal conference requirements. Aside from the reinstatement of the said requirement, the RR also extended the period of informal conference from 15 days to 30 days.

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