SCHOOL FOR TAX CONSULTANTS / SUBJECT TO CHANGES WITHOUT NOTICE

emelinotmaestro.com/sep 12, 2011/

PAYROLL TAXATION
& D O C U M E N T A T I O N
understanding de minimis and fringe benets, and the proper presentation in the books of accounts, nancial statements and tax returns. If you are a new comer, it will give you a solid foundation on its payroll rules and regulations while if you are already an experienced person, the program shall refresh and give new a new perspective in handling the challenges of a payroll tasks. Objective. If you successfully completed the program, you will be able to Understand why employees must be classied Acquire knowledge in BIR payroll rules and regulations Gains knowhow in interpreting BIR payroll procedures Prepare the required documentary evidences Keep and maintain the appropriate books of accounts and supporting records Apply basic guidelines in reducing the employees tax dues Be familiar in writing payroll procedures and manuals Manage payroll staff Comply with the minimum requirements of the payroll taxation Outline.
DAY TOPIC Types of employees Kinds of compensation Returns and reports Records retention Obligations of employer Obligations of employees Accounting titles Maximizing de minimis Minimizing fringe benets Anatomy of 1601-C, 2306, 2316, 1902, 2305, and 1604-CF Payroll periods Withholding tax tables Payroll procedures Tips and service charges Exemptions Statements disclosures Dealing with the BIR

Overview. Wanting to be a Payroll Specialist or updating your knowhow, take the Payroll Taxation and Documentation Program (program) which will provide the training you need and help increase your competence and value in an organization. Once the Technical Education and Skills Development Authority (TESDA) launched its Certied Payroll Specialist Program, the Payroll Taxation and Documentation Program will help you secure your Certied Payroll Specialist license. Description. Consistent changes in management policies and government regulations affecting payroll make a Payroll Specialist an in-demand professional. The Payroll Taxation and Documentation Program shall help you reduce the managements tax exposures and increase the take-home pay of its employees and workers. It would expose you to the evidences that are relevant, admissible and

materials to the eyes not only of Make correct entries in the books of accounts the Department of Labor and Employment (DOLE) but also, most importantly, to the Bureau of Internal Revenue (BIR). It will teach you all the facets of payroll from designing and developing documents, applying the correct accounting titles and withholding tax rates, Correctly complete returns and statement disclosures Know the difference between de minimis and fringe benets vis-a-vis furnished for the employers convenience doctrine