Welcome!

Hi !!!

Welcome to my blog!

I am a Practitioner of Profession.

Because of the many topics and subject matters which we need to study, learn and remember, I created this blog, for me to make this as a repository of my notes and articles regarding Taxation, Accounting, Bookkeeping and Consulting (TABC). Thus, the blogname my tabc notes

I do retainers services like ...
... assistance and guidance to Bookkeeping
... tax compliance services
... tax consultancy and advisory services
... accounting system design and set-up
... drafting of policies and procedures manuals
... payroll computation services
... I conduct lectures on topics like
....... Accounting for Non-Accountants
....... Basic Bookkeeping and Accounting
....... Payroll Computation
....... Basic Taxation

I also have free and paid online courses re above topics at https://academy.lezlearnonline.com/ ... sign-up for free ... hurry!!! ... there are courses at a discounted promo !!!

You may contact me thru ...
... my email : easantoscpa@gmail.com and
... mobile number: 0933-8669408


Am also inviting you to visit my website : www.easantoscpa.com


Many thanks for visiting my blog :)

Yljien Santos

Compilation of TAX CODE of the Philippines

Click link to sign-up and enroll :

https://academy.lezlearnonline.com/p/compilation-of-tax-code-of-the-philippines

Mixed-Income Earner Taxpayer

Mixed-Income Earner Taxpayer is employed and at the same time earning from his/her practice of profession or business.

They must register with the BIR by accomplishing BIR Form 1901. And, must indicate or declare that they are earning from practice of profession or business and employment.

Once a Taxpayer ceased to be Mixed-Income Earner, s/he must update his/her registration with the BIR by accomplishing BIR Form 1905.

- www.easantoscpa.com

When and where must a Practitioner of Profession or Independent Individual register to BIR

Before operating a business or commencing a practice of profession, an individual or self-employed professional practitioner must apply and register to the Revenue District Office (RDO) having jurisdiction over his/her head office or branch or facility or residence.

Employed vs Self-Employed Individuals

What is the difference between Employed and Self-Employed Individuals?

Employed Individuals

• Employed individuals are bound by employer-employee relationship and agreement. 
• They received salaries and wages which is subject to withholding tax on compensation.
• The employer withhold a tax on compensation (wht) and complies with the applicable tax requirements.
• The employer deducts WHT from employee's salaries and wages (if applicable) and remit to BIR by filing BIR form 1601-C and paying it to accredited bank or RDO collection office, if no AAB. 

Self-Employed Individuals

• Self-Employed Professionals or Individuals who received income or fees from customers, clients or patients. They have no employer-employee relationship.
• The customers, clients or patients withhold a tax (ewt/cwt) from the income payment from the Self-Employed Professionals or Individuals. 
• The customers, clients or patients must be registered with the BIR before they can withhold a certain amount of income payment. 
• Customers, clients or patients are called the Income Payor or Withholding Agents (WA). While, the Self-Employed Professionals or Individuals are called Income Payee. 

    - www.easantoscpa.com

How to have a TIN

Tax Identification Number or TIN may be acquired by applying and accomplishing BIR form 1901 and submit requirements needed.

See also : BIR Registration Requirements

- www.easantoscpa.com

BIR Form 1901

BIR Form 1901 page 1 and 2

Bir Form 1901 by Ella Simone on Scribd

BIR Form 1901 Pg2 by Ella Simone on Scribd

- www.easantoscpa.com