Are you clueless on how taxes are computed?
Do you wish you can counter-check the computation of your accountant and book keeper before paying?
Do you fall victim by paying more than you need because you don’t have any idea what you’re paying?
Then…
Welcome to the first VLog of MyFinanceMD.
Due to public demand and email requests from doctors, I would like to teach you HOW TO COMPUTE YOUR INCOME TAX RETURN via video below.
Although I have written about it a lot of times, it seems like, it’s still not enough for most doctors since taxes are not really our specialty.
Enjoy the step-by-step video below on how to do this on your own.
Watch it until the end, I have a free gift inside!
You can download the Tax Calculator (TRAIN law updated) shown in the video here: Excel file unavailable (need to be updated)
To learn more about the Greenbook: http://pro.myfinancemd.com/green-book-for-doctors/
Enjoy Watching,
Read more:
- How to Compute and File The 2nd Quarter Income Tax Return (TRAIN Edition)
- 8% OPTIONAL FLAT RATE vs. GRADUATED TAX RATES, Which is better for Self-Employed Doctors?
- The Essential Guide to Estate tax under TRAIN law
Do you want to know how to file your taxes online without going out?
These courses will teach you how to file and pay your Income Tax returns at the comfort of your home.
Start to end, step by step, no going out. From encoding, filing and payment. (All done online)
Enroll in our online course:
For Physicians/Doctors/Dentists/Vets:
https://pro.myfinancemd.com/taxcination/
For Financial Advisors:
https://pro.myfinancemd.com/taxcination-for-financial-advisors/
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Very helpful, Dra.Pinky! I’m using the excel file you shared, pano kng wala ako binayaran for the last 3 quarters kasi negative pa nga ung quarter returns, 0 pa rin ba ung values na ilalagay dun sa tax paid section?
Yes.
thanks dra for the video. It was well explained. I subscribed in your blog, but I did not receive any confirmation email. I subscribed twice, but still didn’t receive any.
Update on my previous comment. I was able to confirm my subscription already. Please disregard the previous comment. thank you.
Hello Dra Pinky! it is Feb 2019 and deadline for Annual ITR is fast approaching. I have obtained all my 2307s and 2316s from my employers, I am a mixed income earner and have already filed my 1701Q with the new TRAIN law updates. I tried filing my 1701 for 2018 and saw that the form in the latest version of ebirforms (v7.3) still uses the old tax table and not the updated table using the TRAIN law. They have a new 1701(A) form from the menu list but this only applies to PURELY business/sales earners. Should I wait for BIR to release a new version and hope that there is an updated form applying the TRAIN law? can you double check also, i might be doing something wrong or i might not have understood what the new 1701(A) form was for. I have been doing my taxes myself since i started my practice and don’t want to rely on an accountant who cannot understand my practice and how i earn my income. Your website has been my go-to guide whenever I file my taxes or when i have questions about anything finance related! I have yet to catch your book in NBS, they are somehow not on display all the time. Thank you for your help!