Course Content
Module 1: Introduction to Freelance Tax Compliance
This module covers the basics of tax compliance for freelancers, including understanding tax classifications, obligations, and penalties. Students will learn why tax compliance is crucial for their business success and the consequences of non-compliance.
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Overview of relevant taxes for freelancers
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Types of Taxes Freelancers Must Pay
Penalties for Non-Compliance
Key Terms and Concepts in Tax Compliance
Understanding the Importance of BIR Registration
Module 2: BIR Forms Explained
A deep dive into the essential BIR forms freelancers need to know, such as Form 1701 (Annual Income Tax), 2551Q (Quarterly Percentage Tax), and 2307 (Creditable Withholding Tax). Students will learn how to accurately complete these forms and avoid common mistakes.
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Filing Quarterly and Annual Income Tax Using BIR Form 1701Q and 1701
Filing Quarterly Percentage Tax Using BIR Form 2551Q
Filing and Tracking SLSP (Summary List of Sales and Purchases)
Handling Withholding Tax with BIR Form 2307
Module 3: Mastering Tax Filing with eBIRForms and EFPS
In this module, students will get hands-on experience using BIR's e-filing systems (eBIRForms and EFPS). They will learn how to file and pay taxes online, ensuring compliance while avoiding the hassle of manual submissions.
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Introduction to BIR’s eFiling Systems (eBIRForms and EFPS)
Step-by-Step Guide to Using eBIRForms
Making Tax Payments Using EFPS
Making Tax Payments Using ePAY
Module 4: Tax Planning and Saving Strategies
This module focuses on long-term tax planning. Students will learn how to set aside money for taxes, create a quarterly filing plan, and integrate tax compliance into their overall financial strategy, preventing last-minute tax stress.
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Creating a Tax Savings Plan
Quarterly Tax Filing and Payment Schedule
Strategies for Reducing Tax Liability
Using Automation Tools for Financial Planning
Module 5: Staying Compliant and Avoiding Penalties
The final module teaches students how to stay compliant year-round, including how to keep up with tax deadlines, organize their financial records efficiently, and avoid common pitfalls that lead to penalties and audits.
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Creating a Tax Compliance Calendar
Organizing Financial Records for Year-Round Compliance
Common Pitfalls That Lead to Penalties
Responding to BIR Audits
Private: TAX COMPLIANCE GUIDE FOR FREELANCERS AND SMALL BUSINESS OWNERS
About Lesson

Introduction to BIR’s eFiling Systems (eBIRForms and EFPS): Explain the difference between eBIRForms and EFPS and their benefits for freelancers.

M3 Lesson 1 TAX COMPLIANCE GUIDE FOR FREELANCERS AND SMALL BUSINESS OWNERS.pptx
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