Saturday 1 June 2013

KITA AT KABUHAY NI EMELINO T MAESTRO


“KITA AT KABUHAYAN”PRESYO, 

KITA AT TRABAHO Program

EMELINO T MAESTRO (ETM), June 1, 2013


PRELIMINARY BACKGROUND
My first encountered with the BIR was in 1998 when my client received a BIR Letter of Authority. Although, I was so convinced that the an unqualified-opinionated financial statements that I issued would stand the scrutiny of an scrupulous. It was to my dismay that the GAAP/GAAS that I masterly exercised had no room in the government services. These standards and principles are not being deliberately used or completely disregarded as far as the implementation, application and imposition of tax laws and rules are concerned.

I felt betrayed by the Philippine Government when through the Bureau of Internal Revenue, it deliberately failed and refused to recognize the generally accepted accounting principles and generally accepted auditing standards (GAAP/GAAS; now renamed ‘Philippine Standards on Auditing {PSA} and Philippine Financial Reporting Standards {PFRS}’).

Self-pity, lost of opportunities/livelihood and the worst, self-respect/hope became my companion for the next several years.

During my realization-moment, I felt, knew and believed that this set back must be used to create new opportunities not only to myself but also to other Filipinos, whether CPA, lawyers or not.

To compute how much bribe money goes to the pockets of corrupt revenue officers (RO), you may consider the following, viz;
-P500 for registration of business  
-P500 for registration of invoices and receipts
-P5,000 for tax mapping activities
-P350,000 for electronic Letter of Authority
-P500,000 for Letter Notice
-P25,000 for Subpoena duces tecum
-P50,000 for no entries in the books of accounts
-P10,000 snacks/meals of RO

These amounts are opportunity lost on the part of private practicing CPAs and accounting graduates.

Are you ready to be involved/engaged?

HENRY FORD’S SUCCESSFUL MODEL IN DISMANTLING MONOPOLY AND CARTEL
During the times of monopoly and cartel, a courageous/competent Henry Ford challenged the norms and standards of doing business in the United States of America, more particularly in the field of automobile manufacturing. He succeeded by way of giving affordable and quality cars to common people the further propel the economy of the America forward.

In the Philippines, it is no secret that monopoly/cartel in auditing/accounting/legal practices are still existing and nobody dares to complain....Tsk, tsk, tsk.

The bigger is becoming the biggest while the small CPAs and accounting graduates were/are left in the sidelines. 

Some 
had opted to be caregivers and do the dirty, difficult and dangerous jobs in order to earn a decent living. 

Some
became addicted to graft and corruption by way of being a member of the syndicate and terrorist dwelling and operating inside the womb of the Bureau of Internal Revenue. 

Some
had chosen to be poorer than their predecessors/parents due to wrong education that they learned from schools, colleges and universities.

To return the opportunities as well as to bring back self-confidence/-respect/-determination of the small/common tao (Filipinos), ETM decided to share his expertise in taxation by way of empowering/educating those who want to make a move forward not only in changing the existing pathetic environment but most importantly, to improve their earnings/livelihood.

There are two (2) basic steps to achieve liberty/freedom from the claws of ignorance/apathy/fear.

Firstly, ETM must educate taxpayers, CPA, lawyers and other concerned that GAAP/GAAS aka PFRS/PSA is not essentially necessary in the making a profit, neither, complying with the laws of the State.

In fact, it is only the Philippines that a taxpayer needs a CPA to prepare, sign and release his/her/its financial statements which would be used to accompany his/her/its income tax return. In other countries, audited financial statements are not required to be attached and included in the preparation, signing and filing of income tax returns.

Lastly, ETM must create an atmosphere where trust and hope would collide again. In order words, a taxpayer-client would see and believe that a tax consultant who may be a CPA, lawyer, accounting graduate or even those competent undergrad is no longer an accomplice in doing irregular/illegal things or conduit in paying off corrupt revenue officers (RO) but a business partner and companion in leading him/her into true and correct tax compliance while on the part of the tax consultant, he would see and think that a taxpayer-client is no longer his/her source of fifteen (15) percent commission of the bribe money that he would broker with the corrupt revenue officers.

In both, the key is simple and easy to achieve/do that is EDUCATION.

Taxpayers, businesspeople and other concerned persons should not trust any RO for they are prohibited not only to help/assist them but also, as the law provides, to act as accountants, lawyers and consultants of any taxpayers, businesspeople and other concerned persons. Because if they would do so, the interest of the Philippine Government would be put in jeopardy, chaos, confusion and at risks.

Meaning, all taxpayers should help/assist/trust only fellow/competent taxpayers. 

This is the reason for him to push for the CONTINUING TAXPAYER EMPOWERMENT AND EDUCATION (CTEE) which is the only way to dismantle the high cost of maintaining and keeping a CPA firm, habitual incurrence of fines and penalties, costly payment of professional fees of incompetent and irrelevant CPA, lawyers and other consultants and the yearly bribing of RO.

This is where TAXPAYER CLUB and KITA AT KABUHAYAN Program come in.

In TAXPAYER CLUB, member-taxpayers including Emelino T Maestro and his associates shall share their experiences, problems and solutions related to taxation and BIR activities. All sharing shall be treated to be confidential, privileged communication and for member used only. Again, this process is called “CONTINUING TAXPAYER EMPOWERMENT AND EDUCATION (CTEE)”.

In KITA AT KABUHAYAN, enrollee-students shall be taught and trained in the following specific areas of concern where not only confusion, ignorance, fear and chaos exist but also graft and corruption expand/explode, viz;
For TAX CONSULTING SPECIALIST
.. electronic Letter of Authority
.. Subpoena Duces Tecum
.. Letter Notice
.. Deficiency Value Added Tax
.. Deficiency Income Tax
.. Deficiency Withholding Tax
.. Oplan-Kandado, surveillance and Tax Mapping
.. Compromise settlement
For TAX ACCOUNTING SPECIALIST
.. Payroll preparation and outsourcing 
.. Business registration, renewal and retirement outsourcing
.. Withholding tax returns and reports preparation and outsourcing
.. Value-added tax returns and reports preparation and outsourcing
.. Income tax returns and reports preparation and outsourcing
.. Tax-basis financial statements preparation and outsourcing

As a module, a minimum 15 hours is allotted for each topic/issue
Joining fee is P2,500, exclusive of 12% VAT and 15% EWT
Hourly fee is P300, exclusive of 12% VAT and 15% EWT

ST.LUKE’S-MAXICARE-NEW DOCTOR SYMBIOTIC PARTNERSHIP 
IN ANSWER TO REDUCE THE COST OF HEALTHCARE
Nobody who has money to spend would take a chance to consult his/her sickness to a doctor who just passed the board exams, is unknown or is not affiliated with known-named in the healthcare industry such as Maxicare and St. Luke’s Medical Center.

Hindi ka magpapagamot sa dockor ng hindi mo kilala o hindi nagtratrabaho sa kilalalang pagamutan. Pero, willing kang matingnan o magamot ng isang bagitong doktor kung siya ay ini-refer sa iyo ng Philippine General Hospital o alin mang naglalakihang ngalan ng ospital na nakapagpagaling na ng libo-libong taong mayroong karamdaman o sakit.

Binibigyan ng pakakataon ng mga ospital na ito na makagamot ng tunay na taong maysakit ang mga bagitong doktor. “Internship” ang tawag sa prosesong ito. Sa madaling salita ay mayroon competent knowledge sa paggagamot ng may-sakit ang bagitong doktor nguni’t  wala pang kilala tao or maraming pasyete na nag-e-endorse sa kanyang kagalingang magpagaling ng maysakit. Kasi nga ay wala silang direct experience o knowhow kung papaano ia-apply ang kanilang kaalaman na natutunan niya sa kanyang eskuwelahan.

The benefit of this symbiosis is that the hospital gets enough and cheap manpower to handle its client-patients concerns. The cheap labor for a newly practicing and making a name doctors put, on the part of the client-patients, the price of healthcare affordable and the hospital services accessible.

In other language, the doctor’s future is secured by way of advertising his/her medical services through the hospital hospitality and the hospital keeps its client-patients healthy and happy by way of making them pay cheaper price for the health services that they availed while the client-patients get peace of minds and contented hearts for there will always be medical services and facilities that are available and accessible for them anytime and anywhere.

ETM is pushing heaven and earth to make this symbiotic relationship works among client-taxpayers, newly graduate tax consultants and ETM who would provide the brand name, facilities and competent/relevant knowhow in the field of taxation.

EDUCTION THAT EMPOWERS
Nowadays, the industry of tax consulting is based on who you know, who are your connections inside the Bureau of Internal Revenue and other governmental agencies, how big or powerful your connections are. In other words, client-taxpayers are looking for CPAs, lawyers and other consultants who may act as an influence-peddler. or a fixer.

If the CPAs, lawyers and other consultants would continue this type of ‘professional service’, then there is no way that the image and public perception about their competency and relevancy in helping and assisting their client-taxpayers remains morally downright and irrelevantly too cheap regardless of the amount of the fees.

To hone the new breed of tax consultant/specialist, a comprehensive training for each and specific topic/issue that plagues the minds and hearts of taxpayers must be consciously planned and then pursued. The modularized/compartmentalized trainings/workshops as they were mentioned above would create opportunities and livelihoods to those who have seen themselves as unfortunates and preys of the present scenario.

BRAND NAME
Although a person who had already undergone an extensive trainings/workshops may find it difficult and time-consuming to market and sell his/her services to the taxpaying public.

The reason for this is that taxpayers, as what ETM learned from his past 27 years of public practice, don’t trust strangers for they think that their records and returns are too sacred and so confidential to be shared with others.

This is where a BRAND NAME is so useful. If it is used properly, it is a tool to tear down an suspicion and creates an atmosphere of trust and confidence to a newly practicing tax consultant/specialist

For the public information, the following are the brand names associated to him, ‘ETM’. ‘Katax’,  ‘kataxpayer’, ‘Emelino T Maestro’ and ‘Maestro’

To use these known and respected name, one must be an accredited member of ETM Tax Agent Office so that he/she may ride on the trust and confidence that Emelino T Maestro has shown to, built and experienced by thousands of taxpayers in the Philippines.

Accreditation fee shall be collected accordingly.

Also, he/she may use the facilities which were built to seal the trust and confidence of a potential client-taxpayer.

FACILITIES
Another problem that is always being encountered by a newly practicing tax consultant/specialist is the lack of facility where he can meet his/her client-taxpayer at the least minimum cost between them.

Doubts casts those who always meet their clients in hotels, restaurants and other types of eating places. It gives an impression that he/she is a fly-by-night or hit-and-run person.

Members of ETM Tax Agent Office may use a very presentable/accessible place of office where confidential, current and urgent matters/issues can be discussed intelligently.

This facility is fully air-conditioned and has a phone, an internet, a computer, a printer, a receptionist-secretary who may facilitate the business transaction of the members and messenger who may be used to deliver/pick up legal/confidential documents.

The address of this facility is at Unit 419, Corporate 101, Mother Ignacia, Quezon City.

Monthly fee shall be collected accordingly.

INFLOW OF CLIENT-TAXPAYERS
In order to keep potential clients, taxpayers, businesspeople coming and availing the services of newly practicing tax consultant/specialist, the standardization of pricing and costing of professional services being offered shall be knowingly planned and performed.

ETM Tax Agent Office would enter into agreement with retailers, marketers, resellers, distributors, dealers, referrers and recruiters who would market and sell prepaid cards, tickets and the likes to any needy person.

Walk-in client-taxpayer shall be billed higher than those who shall purchase in advance via prepaid card, ticket or the like.

Sharing of income payment of a walk-in client taxpayer shall be shared according to the terms and resolutions that would be published in a separate document.

Payment of professional fee from serving a client-taxpayer who paid using a prepaid card, ticket and the likes shall be discussed once a person enter into agreement with ETM Tax Agent Office

WANTED RETAILERS
To propagate the true, correct and relevant tax consulting/specializing practice, ETM Tax Agent Office is encouraging readers and other interested parties and people to be its Retailer who would earn a substantial amount of money in marketing and selling its products and services.


For details, please
Call: 921 6107, 439 3918, 742 0382
Text: 0922 801 0922
Visit-like: Katax.ETM facebook, taxpayerclub.blogspot.com
Those who are interested to be his partners/business associates are welcome to submit their business plans. 
IMPORTANT. ALL INFORMATIONAL STATEMENTS ARE SUBJECT TO CHANGE WITHOUT NOTICE/OBLIGATION

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