MR Accounting and Bookkeeping Services

𝗕𝗜𝗥 𝗦𝗜𝗠𝗣𝗟𝗜𝗙𝗜𝗘𝗦 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦 𝗖𝗟𝗢𝗦𝗨𝗥𝗘 & 𝗧𝗜𝗡 𝗖𝗔𝗡𝗖𝗘𝗟𝗟𝗔𝗧𝗜𝗢𝗡 𝗣𝗥𝗢𝗖𝗘𝗦𝗦

𝗕𝗜𝗥 𝗟𝗔𝗨𝗡𝗖𝗛𝗘𝗦 “𝗘𝗔𝗦𝗘 𝗢𝗙 𝗖𝗟𝗢𝗦𝗜𝗡𝗚 𝗕𝗨𝗦𝗜𝗡𝗘𝗦𝗦” 𝗚𝗨𝗜𝗗𝗘𝗟𝗜𝗡𝗘𝗦

Good news for business owners and taxpayers!

The Bureau of Internal Revenue (BIR) has issued RMC No. 47-2026 to simplify the process of business closure and tax registration cancellation under the “Ease of Paying Taxes Act.”

𝗞𝗘𝗬 𝗨𝗣𝗗𝗔𝗧𝗘𝗦:
✅ Simplified documentary requirements
✅ Manual or online application available
✅ No further penalties upon complete submission of requirements
✅ Faster processing of tax clearance
✅ Micro taxpayers exempted from mandatory audit for closure
✅ Tax clearance may now be released within THREE (3) working days

This reform aims to make government services faster, easier, and more business-friendly for taxpayers who have already ceased operations.

If your business is no longer operating, it is important to properly close your BIR registration to avoid continuous penalties and open cases.

📌 Read the full RMC No. 47-2026 here:
https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2047-2026.pdf

Need assistance with:
✔ BIR Closure of Business
✔ Tax Registration Cancellation
✔ Tax Clearance Processing
✔ Open Case Verification
✔ Accounting & Tax Compliance

Feel free to message us at 0918 901 6723

bir-cdn.bir.gov.ph

𝗣𝗨𝗕𝗟𝗜𝗖 𝗔𝗗𝗩𝗜𝗦𝗢𝗥𝗬 : 𝗕𝗜𝗥 𝗘𝗫𝗧𝗘𝗡𝗗𝗦 𝗗𝗘𝗔𝗗𝗟𝗜𝗡𝗘 𝗙𝗢𝗥 𝗘𝗔𝗙𝗦 𝗦𝗨𝗕𝗠𝗜𝗦𝗦𝗜𝗢𝗡𝗦 𝗨𝗡𝗧𝗜𝗟 𝗠𝗔𝗬 𝟮𝟱
The Bureau of Internal Revenue (BIR) has announced that it is extending the deadline for the submission of the 2025 Audited Financial Statements (AFS) and other mandatory attachments through the Electronic Audited Financial Statements (eAFS) facility until May 25, 2026.

The extension was finalized through Revenue Memorandum Circular No. 46-2026 to provide administrative relief to taxpayers who encountered eAFS system-related technical issues during the recently concluded 2025 Annual Income Tax Return (AITR) filing season.

Under this issuance, penalties arising solely from delayed attachment submissions during this period are waived.
The extension until May 25, 2026, strictly applies to the following taxpayers:

1. Those who were unable to successfully upload their 2025 AFS and attachments through the eAFS platform on or before May 15, 2026, due to system-related issues; and

2. Those who utilized the contingency email submission route on or before May 15, 2026, but have not yet received an official email acknowledgment receipt from their concerned BIR office.
Taxpayers who submitted their attachments through the prescribed contingency email procedure on or before May 15, 2026, and have already received an email acknowledgment from their concerned BIR office, are considered fully compliant.

They are not required to resubmit via the eAFS facility, though they may still choose to do so voluntarily.

The BIR clarified that this extension applies only to the submission of the AFS and related attachments through the eAFS facility. It does not extend the statutory deadline for the filing and payment of the Annual Income Tax Return (AITR) itself.

The full copy of the guidelines can be accessed through this link:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2046-2026.pdf

Source: Bureau of Internal Revenue Philippines

3 DAYS LEFT! Pay as you file!

With the deadline fast approaching, the BIR is reminding taxpayers to pay their exact 2025 Annual Income Tax on the day of filing their Return.

Deadline: on or before May 15, 2026.

Source: BIR Official Page

📢 𝐔𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐕𝐀𝐓 𝐢𝐧 𝐭𝐡𝐞 𝐏𝐡𝐢𝐥𝐢𝐩𝐩𝐢𝐧𝐞𝐬 🇵🇭

Value Added Tax (VAT) plays an important role in supporting the country’s economic growth and public services. As responsible taxpayers and business owners, it is essential to understand how VAT works, who are required to register, and the different types of VAT transactions under Philippine taxation.

Businesses with gross annual sales exceeding ₱3,000,000 are required to register for VAT, while voluntary registration is also available for eligible taxpayers. Being VAT-registered provides several advantages, including input tax credits, improved business credibility, and eligibility for certain government transactions.

✔️ Know your tax obligations
✔️ Issue and request proper VAT receipts
✔️ Stay compliant with BIR regulations
✔️ Contribute to nation-building through responsible taxation

Let us continue promoting tax awareness, compliance, and transparency. 💼📑

BIR Clarifies: CETI Remains Mandatory Attachment to AITR for RBEs

Our trusted bookkeeper is attending a court hearing today, ensuring your financial records are handled with the highest level of professionalism, accuracy, and compliance. Rest assured, your business remains in capable and reliable hands.

TAX UPDATE ALERT!
The new eBIRForms Version 7.9.6 is now available. Make sure you’re using the latest version to avoid filing issues and ensure compliance with BIR requirements.

✅ Stay updated
✅ File correctly
✅ Avoid penalties

Need assistance with your tax filing? Message us anytime.

GOOD NEWS!

SEC Deadline Update: More Time to File, More Time to Prepare Properly

Need Help with AFS Filing? SEC Deadline Extended to June 15, 2026

📢 𝗪𝗘 𝗔𝗥𝗘 𝗛𝗜𝗥𝗜𝗡𝗚: 𝟮 𝗕𝗢𝗢𝗞𝗞𝗘𝗘𝗣𝗘𝗥𝗦

Good day!
We are currently looking for a detail-oriented and reliable Bookkeeper to join our team.

📌 𝗝𝗼𝗯 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀:
- Maintain and record daily financial transactions
- Prepare financial reports and summaries
- Handle accounts payable and receivable
- Reconcile bank statements and ledgers
- Ensure compliance with accounting standards and regulations

📌 𝗤𝘂𝗮𝗹𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀:
- Graduate of Accounting, Finance, or related field
- Fresh graduates are welcome
- Knowledgeable in accounting software (e.g., QuickBooks, Excel)
- Strong attention to detail and organizational skills
- Honest, responsible, and able to work independently

📌 𝗟𝗼𝗰𝗮𝘁𝗶𝗼𝗻: 2F, FMA Bldg. Nueno Ave. Beside INC Church, Imus Cavite
If you are interested, please send your resume to [email protected] and [email protected] with the subject: 𝗕𝗼𝗼𝗸𝗸𝗲𝗲𝗽𝗲𝗿 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻.
Join our growing team today!