Saturday, 12 August 2017

Tax Bookkeeping for Government Regulations (Course, Seminar, Training and Workshop)

This really happened. For the past 30 years of being a defender of your tax rights, remedies, reliefs and privileges, ETM or TaxationProfessionalUniversity.com usually is surprised that until today, many graduates of accounting, whether CPAs or Non-CPAs, and other business courses related to accounting still prepare the entries shown in the picture at the time they prepared the monthly VAT return that is BIR Form No. 2550M;
These entries are just a waste of time, totally incorrect and contrary to the Tax Code and the rules issued under its authority.

You are invited to update, upscale and level up not only your knowledge in taxation but most importantly, your knowhow. You cannot rely on the hallow promises of many CPAs, Non-CPAs, consultants who are pretending to be competent and reliable because they have friends, relatives and connections inside and out of the Bureau of Internal Revenue (BIR). 

Don't lose your trust on them but as the Former U.S. President Ronald Reagan once said, 'Trust but Verify.', you alone should verify if these CPAs, Non-CPAs, consultants are truly competent, reliable and law-abiding.

To help and assist you, the training, seminar, workshop and lecture about the proper entries to be made in your BIR-registered books of accounts are now available and accessible at the above website. You shall only look for the scenario where you belong, use the pre-determined debit and credit entries, and replace the amount commensurate to you actual value added tax, withholding tax and income tax transactions.

Furthermore, you may avail yourself, your friends and relatives of the Study Now Pay Later Program.

ETM contact details are go@taxaccountingguru.com, 0998 9793922, 0922 8010922, 0917 8610550, TaxationProfessionalUniversity.com and Unit 419 Corporate 101, Mother Ignacia, Quezon City.

Thank you.

Saturday, 15 July 2017

Do you believe this story about Del Monte Philippines, Inc?



Reports came out implicating Commissioner Caesar R. Dulay, his Chief Legal Counsel Gaudencio A. Mendoza, Jr., Large Taxpayers Service (LTS) Assistant Commissioner Teresita M. Angeles and fourteen (14) other revenuers for Plunder through conspiracy and connivance for the alleged anomalous reduction of the tax liability of Del Monte Philippines, Inc. (DMPI) from P30 Billion to about P65.4 Million covering taxable years 2011, 2012, and 2013. Commissioner Dulay ordered a review of the DMPI case upon order to take appropriate action by the Department of Finance acting on the indorsement of the Office of the President who was likewise acting on an indorsement of the Office of the Ombudsman. It appears that an investigation was already initiated by BIR Deputy Commissioner (Legal Group) Jesus Clint O. Aranas (DCIR Aranas) WAY BEFORE the Commissioner was told to take action on the letter of Danilo Lihaylihay. DCIR Aranas issued Show Cause Orders to some of the employees implicated in the said letter. DCIR Aranas confirmed this in a press interview he gave to the Inquirer News. In fact, his office through the National Investigation Division earlier received a copy of an anonymous letter complaint for which the Commissioner was never informed. Instead, DCIR Aranas took cognizance of the complaint and immediately issued show cause orders. The Commissioner was informed and came to know about this only from tri-media. The cases of DMPI covering the subject taxable years did not reach the Office of the Commissioner as they did not require any action on the part of the Commissioner. The assessments made against DMPI and payments thereof are within the DELEGATED review and approval authority of the Head of the LTS under existing revenue issuances issued way back in 2007. Commissioner Dulay had no personal knowledge of the questioned assessments and payments made by DMPI. A report submitted to the Commissioner showed that the concerned investigating officers went over voluminous documents and records to validate the reconciliation, explanation and documents submitted by DMPI. The preliminary assessments were too high as claimed by DMPI. However, this was not unusual considering that raw/initial findings are incorporated in the preliminary assessment. DMPI was in this instance able to explain the alleged discrepancies presumed to represent sources of tax deficiencies. The report to the Commissioner also disclosed several violations of Civil Service and BIR Rules of Procedure on administrative investigations in the handling of the complaint of Lihaylihay by the Office of DCIR Aranas. Commissioner Dulay has recommended that the complaint of Lihaylihay be investigated or acted upon by the Department of Finance instead since he himself is mentioned therein as involved in the alleged anomaly. Further, he asked that the handling of the complaint be separately probed by the Department and because of this he ordered DCIR Aranas to desist from further investigating or acting on the letter of Lihaylihay. Complainant Lihaylihay has a history of filing baseless plunder complaints. He filed plunder cases against former Presidents Arroyo and Aquino and almost all BIR Commissioners, including former Commissioner Kim Henares who declared him “persona non grata.” All cases were dismissed, having no factual or legal basis but intended merely to harass.

Wednesday, 12 July 2017

The Right Way to Answer a BIR's Benchmarking Letter Notice

The purpose of the Benchmarking Letter Notice is to inform you that your competition or the industry where you allegedly belong is performing better than you in terms of income tax and value added tax payments. Meaning, your competition is paying more taxes than you are. Do not be alarmed. Do not follow your competition. It does not mean that you are evading the payment of taxes. It only means that your competition much richer or bigger than you are and may have a business formula or secret that makes them pay more taxes. Three things that you will learn from this Lecture, (1) Acknowledging the Benchmarking Letter Notice, (2) Understanding the Benefits and Disadvantages that the Benchmarking Letter Notice are Presenting and Offering, and (3) Responding Correctly and Timely to the Opportunities and Challenges that the Benchmarking Letter Notice Bring.

For more information, please see the full and complete Lectures at TaxationProfessionalUniversity.com or for proper consultation, please call 0998 9793922, 0922 8010922 and 0917 8610550. Thanks for sharing this to your Timeline. 

Monday, 19 June 2017

Application for Engagement by EmelinoTMaestro


Click this. If you need to see the scope of services that Emelino T Maestro will be providing in case that you are being audited by the Bureau of Internal Revenue. It also includes the deliverables that you really expect from your existing accountants, bookkeepers and consultants. 

Just remember this. Your BENEFIT is Your PEACE OF MIND DELIVERED IMMEDIATELY.

Thank you.

0922 801 0922
0998 979 3922
0917 861 0550
    02-921 6107

Tuesday, 13 June 2017

Assistance for Individual's Development (CPA or Non-CPA)

BASIC Things to Happen 2 YOU.
1. Getting a Brand for start-up Accountants, Bookkeepers, Consultants & Taxpayers
2. Getting an Address where you will meet your potential, clients, practice your profession as an Accountant, Bookkeeper or Consultant
3. Getting the Support of Emelino T Maestro, ETM Tax Agent Office (ETM-TAO), Inc and members of iETM-ABC&T Group.
4. Getting the Integrity that many taxpayers are looking for
5. Getting the Competency without going to universities, colleges and schools

Loan or A1D is now available and accessible.
Specialising in...........................................Matriculation
BIR Subpoena............................................₱56,000
Letter of Authority.......................... ...........₱168,000
Letter Notice..............................................₱112,000
Inventory Taking.........................................₱112,000
Benchmarking............................................₱33,600
Tax Mapping..............................................₱112,000
Oplan Kandado..........................................₱224,000
Tax Return Preparation..............................₱224,000
Tax Return Audit*.......................................₱336,000
Tax Bookkeeping........................................₱336,000
Estate Planning*.........................................₱168,000
Tax Documentation*...................................₱224,000
Abatement & Compromise Settlement.......₱224,000
Garnishment, Distraint and Levy.................₱112,000
Deficiency Tax Reduction*..........................₱896,000
*Subject to special arrangements

APPLY FOR ACCREDITATION (APPLICATION FOR ACCREDITATION), START RIGHT AWAY YOUR PUBLIC PRACTICE IN TAXATION AND GET HIGH PAYING CLIENTS IMMEDIATELY.

Thursday, 8 June 2017

Stopping Estoppel Before It Begins


How an Act of Authorising a Representative Helped a Taxpayer from a BIR Audit

For tips and techniques, click the link.
Procedures that you need to follow diligently.
Templates that you need to have to protect your life and livelihood.
Now available and accessible.
TaxationProfessionalUniversity.com


EmelinoTMaestro
0998 9793922
0917 8610550
Thanks