Affordable Accounting & Bookkeeping Services for Small Business Enterprise

[din428]

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whaaaaaaaaaaaa!!!!!!!! nosebleed jud ko ani oi!!!!! maypa pakubion ko PC ug uban pa...

[dhonz]

whaaaaaaaaaaaa!!!!!!!! nosebleed jud ko ani oi!!!!! maypa pakubion ko PC ug uban pa...

he he he... don't worry din428 you can always ask for our assistance.

[C.P.A.]

TAX REMINDERS...

FILING & REMITTANCE
1601C & 1602 - NL Taxpayers .... Month of April 2009
1601E & 1601F together w/ the Monthly Alphalist of Payees (MAP) NL Taxpayers.... Month of April 2009
1606.....Month of April 2009

[tiny22]

I have a question. I think lahi ra sa topic ninyo but is still about TIN. A friend of mine is purchasing a lot as a prinicipal buyer but doesn't have a TIN. Can she use her husband's TIN for the said purchase? Will it not affect the transferring of titles to file in BIR? Or she really need to appply for a one-time TIN for the specific purchase? thanks

[C.P.A.]

I have a question. I think lahi ra sa topic ninyo but is still about TIN. A friend of mine is purchasing a lot as a prinicipal buyer but doesn't have a TIN. Can she use her husband's TIN for the said purchase? Will it not affect the transferring of titles to file in BIR? Or she really need to appply for a one-time TIN for the specific purchase? thanks

TIN will be issued only once for your entire life. You will be using the same TIN as what you've used when you were employeed; as employer; or even during purchasing a lot.

Now, kun wala paka na-issue-han ug TIN since birth, you may apply sa BIR (nearest RDO) during office hours. Just inquire sa Officer of the Day sa BIR. Now, if you will be using the TIN of your husband, of course the title should also be named after him or whoever is the owner of the TIN. Kun gusto ka nga anha nimo ma-name ang title, then secure nalang ug TIN sa BIR, Kadali raman as long as naa ka mga documents.

[maze_me]

kanus-a ang deadline sa VAT for April?

[C.P.A.]

kanus-a ang deadline sa VAT for April?

for the month of April, deadline will be on May 20...

[C.P.A.]

Announcements
PUBLIC HEARING: The BIR will conduct a public hearing on the proposed Revenue Regulations providing for additional transactions subject to Creditable Withholding Tax on income payments made by top 5,000 individual taxpayers engaged in trade or business or exercise of profession onMay 25, 2009 (Monday)/1:00 PM to 5:00 PM at the National Training Center Auditorium, BIR National Office Compound, Agham Road, Diliman, Quezon City.

[dhonz]

BIR Mandaluyong Padlocks Popular Chinese Restaurant
For having committed gross violations of the National Internal
Revenue of 1997 as amended (Tax Code), the most obnoxious of which is
gross underdeclaration of sales, a popular Chinese restaurant was ordered
closed yesterday by the Bureau of Internal Revenue (BIR).
Temporarily suspended from conducting its business operations after
the Closure Order signed by BIR Commissioner Sixto S. Esquivias IV was
served and enforced was HAN NAN FOOD CORPORATION, more popularly
known as Han Pao Tea House (Han Pao), with business address at No. 312
Shaw Blvd., Mandaluyong City.
Revenue Region (RR) No. 7, Quezon City Regional Director Antonio F.
Montemayor said that the closure of the said restaurant showed his region’s
unwavering determination to shut down businesses with no intent to shape
up and comply with tax laws. He further said that those who mend their ways
will be adequately assisted and treated like other good and compliant
taxpayers.
The closure order was served after Han Pao failed to comply with the
48 Hour Notice and Five Day VAT Notice issued and served by the BIR. The
said notices gave Han Pao the opportunity to explain its side and present
evidence to dispute the BIR findings.
Among other violations such as failure to pay correct income tax,
failure to supply correct and accurate information, attempt to evade or defeat
tax, and perjury, field personnel of BIR Revenue District Office (RDO) No. 41,
Mandaluyong City unearthed under-declarations of sales by 205.44% in
taxable year 2007 and 176.26% in 2008 amounting to P13,917,937.28 and
P13,253,535.15, respectively. Value Added Tax liability was estimated at
P5,344,704.50 for both years in question.
The subject restaurant is eighteenth (18th) on the list of business
establishments closed by the BIR nationwide. According to Revenue District
Officer Isabel A. Paulino of RDO No. 41, Mandaluyong, many more
recalcitrant taxpayers in her district are in the pipeline – on her desk -
waiting to be padlocked! She added that unless they heed her advice and
voluntarily comply, she will have no choice under the law but impose punitive
actions like closure or suspension of business operations.
Among those previously padlocked by the BIR under this program
were: 1) La Suerte Grocery & Bakery in Magalang, Pampanga for failure to
declare more than P50M income in 2008; 2) Charmy Food Phils., Inc., a
manufacturer of soybean products in Pasig City, for not declaring P40M of its
sales for 2005-2008; 3) Arra’s Fine Dining, a Korean Restaurant in Makati
City for understatement of its taxable sales in 2008 by more than P20M; 4)
Hilton Mart Corporation, a Grocery (Wholesale and Retail) business plying its
trade in Manila, for underdeclaring its sales for taxable year 2008 by more
than P1.2B; 5) Skywater Enterprises in Davao City for underdeclaring its
sales by P12,590,943.55 in 2008; and 6) Wil-An Mart, a wholesale and retail
grocery business in Manila, with sales underdeclaration in 2008 of 196.24%
or P142,466,017.80.Oplan Kandado is the flagship project of the BIR initiated by
Commissioner Esquivias which aims to strictly enforce sanctions for noncompliance
by business establishments with requirements of the Tax Code.
RR No. 7, Quezon City Assistant Regional Director Jonas DP. Amora
believes that through Oplan Kandado, taxpayers will be compelled not only to
comply with the requirements of the Tax Code but also to pay the correct
taxes in conducting business, lest their operations will be subject to closure
by the BIR. (rtdlc)

[jalyn]

up lang ko...