Suringa Law and Accounting Office

Entering a new era

The announces the start of the application for commission as 𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐧𝐢𝐜 𝐍𝐨𝐭𝐚𝐫𝐲 𝐏𝐮𝐛𝐥𝐢𝐜 today, 𝐀𝐮𝐠𝐮𝐬𝐭 𝟏𝟎, 𝟐𝟎𝟐𝟔.

For more information, you may refer to the Electronic Notary Services (ENS) microsite at https://sc.judiciary.gov.ph/enotarization/.

For concerns and questions, you may submit them through the ENS Helpdesk Form at https://tinyurl.com/ENSHelpdeskForm

You may access the Rules on Electronic Notarization at https://tinyurl.com/RulesOnElectronicNotarization

81st PICPA ANC at Iloilo City (November 18 to 21, 2026)

PICPA Iloilo Chapter is excited to host the 81st PICPA Annual National Convention on November 18-21, 2026, right here in the City of Love! Kari kamo sa Ciudad sang Iloilo! 💙💚

IBP Eastern Mindanao Regional Convention 2026 happening this July 20-24, 2026 at Baganga, Davao Oriental

🚨 𝗢𝗙𝗙𝗜𝗖𝗜𝗔𝗟 𝗡𝗢𝗧𝗜𝗖𝗘: 𝗬𝗢𝗨𝗥 𝗢𝗨𝗧-𝗢𝗙-𝗢𝗙𝗙𝗜𝗖𝗘 𝗜𝗧𝗜𝗡𝗘𝗥𝗔𝗥𝗬 𝗛𝗔𝗦 𝗗𝗥𝗢𝗣𝗣𝗘𝗗 🚨

Drop the laptops and casefiles, and take a very close look at what’s waiting for you this July 20-24, 2026! 🤩

🎾 𝗗𝗮𝘆𝘀 𝟭-𝟯: Whether you are a seasoned athlete, a weekend warrior, or your chapter's designated loud cheerleader, the courts are open for everyone! With 11 fun, friendly, and hype-filled sports events—from Pickleball and Golf to Practical Shooting—which trophy is your chapter taking home?

🎸 𝗗𝗮𝘆𝘀 𝟰-𝟱: We trade the sneakers for the spotlight, and the entire Bar-kada is invited to the party! Secure those essential MCLE units, cheer your hearts out for your Mr. & Ms. IBP bets, and let loose together as the ultimate Battle of the Bar Bands takes the stage!

𝗧𝗵𝗲 𝗿𝗲𝗮𝗹 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻 𝗶𝘀𝗻'𝘁 𝘄𝗵𝗲𝘁𝗵𝗲𝗿 𝘆𝗼𝘂 𝘀𝗵𝗼𝘂𝗹𝗱 𝗴𝗼... 𝗶𝘁'𝘀 𝘄𝗵𝗲𝘁𝗵𝗲𝗿 𝘆𝗼𝘂𝗿 𝗕𝗮𝗿-𝗸𝗮𝗱𝗮 𝗵𝗮𝘀 𝘁𝗵𝗲 𝘀𝘁𝗮𝗺𝗶𝗻𝗮 𝘁𝗼 𝘀𝘂𝗿𝘃𝗶𝘃𝗲 𝗮𝗹𝗹 𝟱 𝗱𝗮𝘆𝘀! 🏆

🔗 The countdown is officially on. Finalize your registration right now before the final buzzer: [https://tinyurl.com/EMRCRegistration]

𝗣𝗥𝗘𝗦𝗦 𝗥𝗘𝗟𝗘𝗔𝗦𝗘
𝗕𝗜𝗥 𝗢𝗣𝗘𝗡𝗦 𝗢𝗡𝗘-𝗧𝗜𝗠𝗘 𝗧𝗔𝗫 𝗔𝗕𝗔𝗧𝗘𝗠𝗘𝗡𝗧 𝗣𝗥𝗢𝗚𝗥𝗔𝗠 𝗙𝗢𝗥 𝗠𝗜𝗖𝗥𝗢 𝗧𝗔𝗫𝗣𝗔𝗬𝗘𝗥𝗦, 𝗢𝗙𝗙𝗘𝗥𝗦 𝗙𝗥𝗘𝗦𝗛 𝗦𝗧𝗔𝗥𝗧 𝗙𝗢𝗥 𝗠𝗜𝗖𝗥𝗢 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦𝗘𝗦 𝗔𝗡𝗗 𝗦𝗧𝗢𝗣-𝗙𝗜𝗟𝗘𝗥𝗦

The Bureau of Internal Revenue (BIR) has opened a one-time tax abatement program for micro taxpayers, offering micro businesses and stop-filers an opportunity to resolve outstanding tax liabilities, clean up their records, and start with a clean slate.

Through Revenue Regulations No. 4-2026 issued on June 22, 2026, the BIR prescribes the guidelines and procedures for the availment of a one-time abatement of taxes and/or penalties for qualified micro taxpayers with delinquent accounts, assessments, and open stop-filer cases. Qualified applicants may avail of the program until December 31, 2026.

The program covers micro taxpayers whose gross sales for the year do not exceed Three Million Pesos (P3,000,000) and whose covered total basic tax liabilities and/or penalties do not exceed Eighty Thousand Pesos (P80,000) for a taxable year. Eligible cases include delinquent accounts and assessments, whether preliminary or final and whether disputed or not, as well as open stop-filer cases, including those involving taxpayers who have already ceased business operations. Covered liabilities must pertain to cases existing as of December 31, 2025.

Encouraging qualified taxpayers to take advantage of the opportunity, Commissioner Charlito Martin R. Mendoza said the measure supports President Ferdinand R. Marcos Jr.’s directive to ease compliance and make government services more accessible for the transacting public.

“This is an opportunity to start with a clean slate. If you are a micro taxpayer with old tax obligations, delinquent accounts, assessments, or stop-filer cases, I encourage you to avail of this program. It is meant to help you settle past obligations without a heavy financial burden, update your records, and move forward as a compliant taxpayer,” Commissioner Mendoza said.

Finance Secretary Frederick D. Go welcomed the initiative as part of the administration’s continuing Ease of Doing Business reforms.

“We aim to create a more taxpayer-friendly and business-friendly environment while helping micro businesses resolve lingering tax issues and maintain good compliance practices. By helping micro taxpayers resolve old liabilities and update their records, we are removing barriers to compliance and encouraging greater participation in the formal economy,” Secretary Go said.

The Revenue Regulations complement the earlier-issued Revenue Memorandum Circular No. 47-2026, which prescribed simplified and streamlined guidelines and procedures for the closure and cancellation of business registration with the BIR, under which tax clearances may be issued in as fast as three days for qualified cases.

“Many micro taxpayers have already stopped operating but continue to carry unresolved tax obligations or inactive registrations. We have already simplified the process of properly closing a business, and this one-time abatement program complements it by easing the financial burden of settling old tax liabilities for our micro taxpayers. Together, these reforms make it easier to close lingering cases, put their records in order, and move forward,” Mendoza said.

Under the regulations, qualified taxpayers must file an application for abatement with the Revenue District Office having jurisdiction over them and pay a one-time abatement fee of Five Thousand Pesos (P5,000) for each approved application. Upon compliance with the requirements, the concerned Revenue District Office shall issue a Certificate of Availment evidencing that the taxpayer availed of the program and that the covered case has been closed.

By helping taxpayers regularize their records, resolve dormant cases, and close lingering obligations, the Bureau aims to strengthen voluntary compliance and maintain cleaner, more accurate taxpayer records.

Read the full Revenue Regulation here: https://tinyurl.com/BIRRR4-2026

Attention public practitioners 📢📢📢

Boost your audit skills! 🚀
Join QAR 201: Audit Methodology – Enhancing Capacity & Elevating Quality on June 15-17, 2026 at Iloilo Grand Hotel. Earn 20 CPD units. ₱8,000 registration fee. Register now via QR code or using this link below!

https://docs.google.com/forms/d/e/1FAIpQLSd7ErrhtOeviajMpxhzcUfAV1H55nhXeDv-OQYK0gPtj4OwyQ/viewform

New rule for closing of business - micro enteprises (those generating less than 3m gross sales) exempted from mandatory tax audit.

There is a caveat: they need to settle outstanding liabilities and fines before releasing of Tax Clearance.

The Bureau of Internal Revenue (BIR) has slashed paperwork and exempted micro-enterprises from mandatory tax audits under new rules aimed at speeding up corporate exits.

Read full story in the comments.

Taxpayers are advised that applicable attachments must be submitted through the Electronic Audited Financial Statement (eAFS) facility ON OR BEFORE MAY 15, 2026 DEADLINE, REGARDLESS OF THE DATE OF THE ELECTRONIC FILING OF THE AITR.