BERNS Accounting Services Co.

EXTENDED: YOUR 2025 FILING DEADLINES 📢

Keep your business on track! The Bureau of Internal Revenue (BIR) and the Securities and Exchange Commission (SEC) have officially moved the deadlines for your 2025 annual filings.

Please take note of your new compliance schedule:
📍 May 15, 2026: BIR (Annual Income Tax Returns)
📍 June 15, 2026: SEC (Annual Financial Statements)

We highly advise using these additional weeks to thoroughly organize your documents, finalize your books, and avoid any late filing penalties.

"Turning Numbers Into Insights"

Contractor employees have protected rights under the law! ⚖️

Contractor employees are entitled to:

- Security of tenure
- Safe working conditions
- Labor standards benefits (minimum wage, OT pay, etc.)
- Social security and welfare benefits

"Turning Numbers Into Insights"

Chaos feels productive because it's exhausting. But true corporate success is quiet, systematic, and highly structured. Fall in love with the boring fundamentals. 🧱

"Turning Numbers Into Insights"

Honest, transparent accounting is a reflection of seeking His righteousness. Do business with absolute integrity. ⚖️

"Turning Numbers Into Insights"

Q: Is contractor registration required in DOLE? 🤔
A: Yes. Contractors must register with the DOLE Regional Office where they operate. It is important to remember that failure to register creates a presumption of labor-only contracting.

"Turning Numbers Into Insights"

As we prepare for the holiday, we would like to inform you that our team will be out of the office tomorrow, Thursday, April 9, in observance of Araw ng Kagitingan.

All pending accounting tasks will be prioritized when we resume our regular business hours on Friday, April 10.

"Turning Numbers Into Insights"

Knowing your capital requirements under DO 174 is essential! 💰
For corporations, partnerships, and cooperatives, substantial capital means at least ₱5,000,000 paid-up capital stock/shares. For sole proprietorships, it refers to a net worth of at least ₱5,000,000.

"Turning Numbers Into Insights"

Taking a break from the numbers today to simply count our greatest blessings. We are deeply grateful for the trust we share with you, and we hope this season of profound renewal brings immense joy to your home. Have a wonderful and prosperous Easter Sunday!

"Turning Numbers Into Insights"

Peace begins with a moment of silence. 🌿 As we enter this sacred time of the year, we are taking a step back from our daily operations to focus on reflection, faith, and renewal.

We will be away from the office starting April 2 and will return to serve you with a refreshed spirit on April 6. May your heart find the rest it deserves this Lenten season.

"Turning Numbers Into Insights"

Q: What is legitimate job contracting? 🧐
A: Legitimate contracting exists when the contractor has substantial capital or investment, exercises control over employees, is registered with DOLE, and undertakes work on its own responsibility. Don't get caught practicing labor-only contracting!

"Turning Numbers Into Insights"

A half-built financial portfolio or a business still in its early scaling phase isn't failing; it's just under construction. Trust the math, stick to the budget, and give your investments time to mature. 📈

"Turning Numbers Into Insights"

We manage the numbers, but He supplies the grace. Let the assurance of His endless provision inspire you to be generous in your business dealings today.

"Turning Numbers Into Insights"