I-Serve Business Process Inc.

📢 𝗗𝗘𝗔𝗗𝗟𝗜𝗡𝗘 𝗔𝗟𝗘𝗥𝗧

Don't miss the deadline! The filing of the 2025 Annual Financial Statements (AFS) for all domestic and foreign corporations is due on 15 June 2026.

All domestic and foreign corporations are reminded to submit their AFS on or before the deadline and ensure that the documents are duly received by the Bureau of Internal Revenue (BIR), in accordance with existing rules and regulations.

Read the full notice here: https://www.sec.gov.ph/notices-2026/extension-of-the-deadline-for-filing-of-2025-annual-financial-statements-afs/

📌 𝐇𝐎𝐋𝐈𝐃𝐀𝐘 𝐀𝐃𝐕𝐈𝐒𝐎𝐑𝐘

Please be advised that no office transactions will be conducted on the following date.

🇵🇭 June 12, 2026 (Friday)—Independence Day (Regular Holiday), commemorating the 128th Anniversary of the Proclamation of Philippine Independence.

🎉 Congratulations to all the successful examinees of the CPA Licensure Examination held on May 24-26, 2026!

✔️ See results here: https://drive.google.com/file/d/1pw4IWgvOKz0MVaQ55bkoZUKFO4w3rS3u/preview

Your hard work, dedication, and perseverance have paid off.
Welcome to the accounting profession, and may you continue to uphold excellence and integrity as future leaders in the field.

Welcome, CPAs! 👏✨

JUNE 2026 TAX DEADLINES

⚠️ Deadline which fall on weekends, holidays and non-working holidays, shall automatically be moved the next working day*

🗓️ Stay compliant and avoid penalties

Not sure if your tax returns have actually been filed?
Not sure if your tax payments are already reflected in the BIR's records?
Tired of manually following up or visiting the BIR just to verify your records?

The BIR has issued Revenue Memorandum Circular (RMC) No. 053-2026, announcing the availability of the Taxpayer Portal.

This is a secure digital platform that provides taxpayers with a single online view of their tax information.

Through the portal, enrolled taxpayers can:

✅ View taxpayer registration information
✅ Monitor the status of filed tax returns by tax type/form type
✅ Track tax payments
✅ View account ledgers by tax type/form type
✅ Receive system-generated notifications and tax reminders

However, the portal is not yet available to all taxpayers.

For now, it is under pilot implementation and is currently limited to taxpayers registered under the BIR's Large Taxpayers Service (LTS).

In other words, the system is still in its testing phase before being rolled out to other categories of taxpayers in the future.

Nevertheless, this marks a significant step toward digital tax compliance. Once made widely available, it could help reduce manual follow-ups, in-person visits, and uncertainty when checking tax filings, payments, and BIR records.

No adjustments needed, everyone belongs in the ledger of life.
Celebrate pride all month! 💙📚✨

🌈 Happy Pride!

𝐇𝐎𝐋𝐈𝐃𝐀𝐘 𝐀𝐃𝐕𝐈𝐒𝐎𝐑𝐘 | May 27, 2026

Please be advised that all I-SERVE offices will be closed on May 27, 2026, in celebration of Eid al-Adha (Feast of Sacrifice)

Stay safe!

💛 The journey may be tough, but so are you.
Good luck on your CPALE journey! 💙💛

Padayon, Future CPA’s! 📖✨

ano ba naman yung mag-chat ✌️😬

𝗕𝗜𝗥 𝗟𝗔𝗨𝗡𝗖𝗛𝗘𝗦 “𝗘𝗔𝗦𝗘 𝗢𝗙 𝗖𝗟𝗢𝗦𝗜𝗡𝗚 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦” 𝗚𝗨𝗜𝗗𝗘𝗟𝗜𝗡𝗘𝗦 𝗙𝗢𝗥 𝗧𝗔𝗫 𝗥𝗘𝗚𝗜𝗦𝗧𝗥𝗔𝗧𝗜𝗢𝗡 𝗖𝗔𝗡𝗖𝗘𝗟𝗟𝗔𝗧𝗜𝗢𝗡; 𝗧𝗔𝗫 𝗖𝗟𝗘𝗔𝗥𝗔𝗡𝗖𝗘 𝗥𝗘𝗟𝗘𝗔𝗦𝗘𝗗 𝗔𝗦 𝗙𝗔𝗦𝗧 𝗔𝗦 𝗧𝗛𝗥𝗘𝗘 𝗗𝗔𝗬𝗦

The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 47-2026 on May 19, 2026, prescribing new guidelines to simplify the process for closing businesses and cancelling tax registration, as part of the implementation of Republic Act No. 11976, otherwise known as the “Ease of Paying Taxes Act.”

“This is our ‘Ease of Closing Business’ reform,” Commissioner Charlito Martin R. Mendoza said. “In line with President Ferdinand R. Marcos Jr.’s directive to make government services faster, better, and more responsive, and Finance Secretary Frederick D. Go’s push to make tax administration more investor-friendly and business-friendly, the BIR is making it easier for taxpayers who have already ceased operations to properly close their business and cancel their registration.”

“From improving the ease of doing business and the ease of paying taxes, this reform completes the BIR’s support for businesses through every stage of the business life cycle. If we make it easier to start and operate a business, then the government must also make it easier to properly close BIR registration once operations have already ceased,” he added.
Under RMC No. 47-2026, taxpayers who have already ceased operations may now apply for the closure or cancellation of their registration, either manually or electronically, through the Revenue District Office where their head office or branch is registered.

The Circular simplifies and standardizes documentary requirements. Together with the application form and the surrender of original BIR registration documents and permits previously issued to the business, taxpayers will only be required to submit two other document sets for closure: the list of ending inventory of goods and supplies, including capital goods for VAT-registered taxpayers, and the unused invoices, supplementary documents, and other unutilized accounting forms, together with their inventory.

Under the new guidelines, penalties for non-filing of tax returns shall no longer accrue once the taxpayer submits the complete documentary requirements for the closure or cancellation of registration. To prevent the further accumulation of open cases, the taxpayer’s registered form types shall likewise be placed under “deregistered” status upon submission of the complete requirements. Filing an application for the closure or cancellation of registration, however, does not preclude the Bureau from conducting an audit to determine any outstanding tax liabilities.

In addition, micro taxpayers shall not be subject to mandatory audit for closure and/or cancellation of business registration. Hence, tax clearances will be issued within three (3) working days from submission of complete documentary requirements for those with no open cases or outstanding liabilities. For micro taxpayers with open cases, tax clearance will be issued within three (3) working days from the submission of the complete documentary requirements and the payment of outstanding liabilities, including penalties.

Commissioner Mendoza encouraged taxpayers who have already ceased operations to avail themselves of the streamlined process to avoid the continued accumulation of penalties and to properly update their registration records with the Bureau.

Read the full RMC here:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2047-2026.pdf