Live Webinar: Basic Income Taxation and ITR Preparation for Corporation Seminar

Every entrepreneur is required to file and pay income taxes quarterly and annually, but not all knows how to compute and properly fill out an income tax return (ITR). Filing an ITR only for the sake of compliance (“basta maka-file, ok na yan” mentality) may contain errors leading to imposition of penalties based on technicalities. BIR examinations and tax assessments are more focused on corporations than individuals. This is because they would anticipate more collections from simple technical errors and misapplications. This workshop will teach you how to compute your  income tax due and properly fill out quarterly and annual ITRs.

Learning points:

• Learn the types of income that must be included in the ITR
• Learn the proper substantiation of income and expenses;
• Learn the application of Optional Standard deductions (OSD) and Itemized Deductions;
• Learn the requirements of expenses to be deductible for income tax purposes;
• Learn how to apply withholding tax certificates (BIR Form 2307) against income tax due;
• Learn how to properly fill-out BIR Form Nos. 1702Q, and 1702;
• Learn how to reconcile accounting income in your financial statements and taxable income in the ITR; and,
• Learn how BIR makes a tax assessment on income tax and the related possible defenses.

Schedule Date and Time: March 4-5, 2026 at 9:00am to 11:00am (Wednesday-Thursday)

Investment Cost:  P 3,000 (Inclusive of VAT)

Online Reservation: https://forms.gle/g8jTpGYE5yZ8Agju9