Tag: Penalties

Do I need to enroll in the BIR’s eFPS?

by bongcorpuz, posted in AgriBuziness, Biz, Bizone, Bong Corpuz, Buziness 1, Donald Trump, Duterte, eBook, FoodBuziness, FranchiseBiz, HomeBuziness, MoneyBuziness, My Business, NetBuziness, PresidentDuterte, Samsung Galaxy S8, SMEBuziness, South China Sea, Tips, Vacation deals

BIR eFPS or Electronic Filing and Payment System is a facility provided by the Bureau of Internal Revenue for a fast, convenient and paperless tax filing and payment using web browser and internet connection. But who are required to enroll in the eFPS facility? Not all are required, only those the are listed below are … Continue reading Do I need to enroll in the BIR’s eFPS?

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Attention Corporation: Risk of paying not less than Php10,000.00 penalty on 1702Q

by bongcorpuz, posted in AgriBuziness, Biz, Bizone, Bong Corpuz, Buziness 1, eBook, FoodBuziness, FranchiseBiz, HomeBuziness, MoneyBuziness, My Business, NetBuziness, SMEBuziness, Tips

ATTENTION CORPORATION: There is a potentially expensive sting in the tail for pay and file taxpayers who have not yet paid & filed their 2014 second quarter corporate income tax (1702Q). Second quarter covers April, May & June 2014 and the deadline for filing is on the 28th of August or on or before 60 … Continue reading Attention Corporation: Risk of paying not less than Php10,000.00 penalty on 1702Q