[TOPIC 13] GROSS BUSINESS AND PROFESSIONAL INCOMES | Concepts and Illustrative Computation

Jisryl Raz
Jisryl Raz
8.6 هزار بار بازدید - 4 سال پیش - This is the third video
This is the third video discussion on Gross Income. In this video, we discuss the computation of gross income derived from business and the exercise of the profession. The discussion also relates the previous discussion on Accounting Methods.
1. Cash and Accrual Basis of Accounting: [TOPIC 5] ACCOUNTING METHODS | Cash a...
2. Installment and Deferred Reporting of Income: [TOPIC 8] INSTALLMENT REPORTING METHO...
3. Accounting for Farming Business (Crop Basis and Hybrid Accounting): [TOPIC 9] ACCOUNTING FOR FARMING BUSI...
4. Accounting for Construction Contracts (Long-Term) using Percentage of Completion Method: [TOPIC 7] ACCOUNTING FOR LONG-TERM CO...
5. Accounting for Leasehold Improvements (Spread-out and Outright Methods): [TOPIC 6] ACCOUNTING FOR LEASEHOLD IM...

Please also watch my other videos on:
1. Classification of Taxpayers: [TOPIC 11 ] CLASSIFICATION OF TAXPAYE...
2. Gross Compensation Income: [TOPIC 12] GROSS COMPENSATION INCOME ...
3. Business Income: [TOPIC 13] GROSS BUSINESS AND PROFESS...
4. Passive Income: [TOPIC 14] PASSIVE INCOMES | Final Wi...
5. Final and Creditable Withholding Taxes: [TOPIC 16] WITHHOLDING TAX SYSTEM | F...
6. Exclusions from Gross Income: [TOPIC 15] EXCLUSIONS FROM GROSS INCO...
7. De Minimis: [TOPIC 21] DE MINIMIS BENEFITS | Tax ...
8. Top Withholding Agents: [TOPIC 17] WITHHOLDING TAXES ON COMPE...

If you also want to learn how to:
1. File Withholding Taxes on Compensation: BIR FORM 1601C | Step-by-Step Process...
2. File Expanded Withholding Tax: BIR FORMS 0619E and 1601EQ | Easy Ste...
3. File Withholding Tax on Fringe Benefits: BIR FORM 1603Q | Quarterly Remittance...

If you haven't watched yet the comparison between Itemized Deductions and Optional Deduction, please click this link to redirect you to our video discussion: [TOPIC 26] ALLOWABLE DEDUCTIONS | Ite...

Also, if you want to know about the components of gross income, and how to compute an income, please watch the following videos.

1. Sale of Real Properties Classified as Capital Assets: [TOPIC 23] DEALINGS IN PROPERTIES | C...
2. Sale of Shares of Stocks: [TOPIC 24] DEALINGS IN PROPERTIES | C...
3. Sale of Capital Assets not Subject to Capital Gains Tax: [TOPIC 25] DEALINGS IN PROPERTIES | S...
4. Ordinary Assets and Capital Assets: [TOPIC 22] DEALINGS IN PROPERTIES | O...
5. Computation of Gross Business and Professional Income: [TOPIC 13] GROSS BUSINESS AND PROFESS...
6. How to Compute Compensation Income: [TOPIC 12] GROSS COMPENSATION INCOME ...
7. Final Income Tax on Certain Passive Income: [TOPIC 14] PASSIVE INCOMES | Final Wi...

I will upload videos every Monday, Wednesday and Friday.
4 سال پیش در تاریخ 1399/06/21 منتشر شده است.
8,692 بـار بازدید شده
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