SGV Clark Tax Partners Margaux A. Advincula (MAA) and Hentje Leo L. Leaño (LLL) conducted a webinar titled How to Survive a BIR Audit amidst a Pandemic on 7 December. The webinar aimed to guide taxpayers in handling their BIR tax audits especially during the pandemic.
MAA welcomed participants to the webinar and provided updates on the BIR’s collection target and priority programs. She then gave a comprehensive overview of the conduct of a BIR audit and remedies available to taxpayers during each stage of the audit, as well as relevant rules, regulations and court decisions. She also discussed COVID-19 related issuances which may affect the participants’ ongoing audits and their tax compliance with the BIR.
LLL then led a discussion on the common issues faced by taxpayers with the BIR, emphasizing the importance of tax compliance in managing these issues. Attendees participated in the webinar through interactive polling questions. The session concluded with an open forum, where the speakers addressed the participants’ questions. Tax Director Michael Ray Lapasaran moderated the session.
Nearly 100 participants attended the event, including SGV Clark Head Peps Zabat and the managers and associates who were part of the webinar’s organizing team.