LMT Accounting and Auditing Services Co.

📣📣📣 SEC Extension of the deadline for the submission of AFS 2025.

RMC 30-2026: Annual ITR 2025 filing and payment deadline extended to May 15, 2026.

DEADLINE for AFS as of December 31, 2025: May 29, 2026

𝗡𝗢𝗧𝗜𝗖𝗘 𝗢𝗡 𝗣𝗔𝗬𝗠𝗘𝗡𝗧 𝗢𝗙 𝗖𝗘𝗗𝗨𝗟𝗔, 𝗢𝗧𝗛𝗘𝗥𝗦

To bring our services closer to you and save precious time, the following will shall be paid/secured from your respective barangays starting January 2, 2026 until March 31, 2026:

1. Community tax Certificate (CTC) or Cedula;
2. Professional Tax Receipt;
3. Working Permit (payment only)
4. Residential Garbage

The issuance/payment of the above shall no longer be entertained at City Hall. Do not waste your time trying to secure/pay at City Hall.

For business owners however, CEDULA shall be paid/secured at City Hall as the same shall be paid together with the corresponding Business Permit.

It is respectfully requested from those securing their CEDULA from their barangays to be responsible enough to declare their gross receipts for Year 2025 as basis for payment. We shall employ all efforts to institute legal actions against those who will be found have intentionally misdeclared their gross receipts.

ALEX B. CABARRUBIAS
City Treasurer

Merry Christmas to all from our team in LMT Accounting. 🤩✨🎉

🙂🙂🙂

𝐁𝐈𝐑 𝐂𝐨𝐦𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐞𝐫 𝐌𝐞𝐧𝐝𝐨𝐳𝐚 𝐨𝐫𝐝𝐞𝐫𝐬 𝐭𝐡𝐞 𝐭𝐞𝐦𝐩𝐨𝐫𝐚𝐫𝐲 𝐬𝐮𝐬𝐩𝐞𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐋𝐞𝐭𝐭𝐞𝐫𝐬 𝐨𝐟 𝐀𝐮𝐭𝐡𝐨𝐫𝐢𝐭𝐲, 𝐌𝐢𝐬𝐬𝐢𝐨𝐧 𝐎𝐫𝐝𝐞𝐫𝐬, 𝐚𝐧𝐝 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐟𝐢𝐞𝐥𝐝 𝐚𝐮𝐝𝐢𝐭𝐬

In a joint announcement at the Department of Finance today, Finance Secretary Frederick Go and Bureau of Internal Revenue Commissioner Charlito Mendoza announced the immediate and temporary suspension of all field audits and related operations of the BIR.

“I have ordered the immediate suspension of all field audits and related operations, including the issuance of Letters of Authority and Mission Orders, effective immediately, in accordance with Revenue Memorandum Circular 107-2025. No Letter of Authority or Mission Order shall be created, printed, signed, or served during the suspension period,” detailed Commissioner Mendoza.

In his first week in office, Commissioner Mendoza convened key units of the Bureau of Internal Revenue to gain a thorough understanding of existing audit operations and to identify long-standing issues that have affected taxpayer experience and internal discipline. The suspension was issued after extensive internal consultations and was undertaken with the guidance and strategic oversight of Finance Secretary Frederick Go to ensure full alignment with national priorities on good governance, taxpayer protection, and efficient revenue administration.

“This is in response to the concerns raised by the taxpayers regarding the issuance of Letters of Authority and Mission Orders. We hear the people, we hear your concerns, and are immediately acting on them. The people deserve better,” said Secretary Go, emphasizing that the Department of Finance is committed to protecting taxpayers from potential abuse through a comprehensive review of our existing policies and procedures.

The temporary suspension applies to all BIR offices involved in audit and field operations, including the Large Taxpayers Service, Revenue Regions and District Offices, Assessment Divisions, VAT Audit Units, and Intelligence and Special Audit Units. The exceptions to RMC 107-2025 apply only to urgent or legally mandated cases such as active criminal investigations, one-time transactions, audits prescribing within six months, refund claims that require audits, or immediate action on taxpayers flagged by verified intelligence.

“This suspension is necessary to protect taxpayer rights, strengthen internal discipline, and ensure the integrity of our audit processes. We take every complaint seriously, and any misuse of authority, harassment, or irregularity has no place in the Bureau,” Commissioner Mendoza emphasized.

“All taxpayers shall be treated with the highest degree of professionalism, courtesy, and adherence to the rule of law. Our economy is built upon the contributions of our taxpayers, who deserve fair and honest tax audits,” explained Secretary Go.

Commissioner Mendoza also instructed the creation of a Technical Working Group on LOA and Mission Order Integrity and Audit Reforms to lead the reform efforts. The group is tasked with evaluating existing procedures, identifying operational and systemic vulnerabilities, recommending revised LOA protocols, and integrating digital safeguards and uniform audit standards.

“Our goal is to create processes that are predictable, evidence-based, technology-driven, and fair,” explained Commissioner Mendoza, reiterating that these systems are meant to protect taxpayers while helping the Bureau perform its mandate efficiently.

“I cannot overemphasize President Ferdinand Marcos, Jr.’s directive for the BIR to continue meeting revenue targets while strengthening service delivery for workers, small business owners, and all taxpayers who rely on predictable and transparent audit processes. The overarching directive of the President when I assumed office is to ensure efficient and fair revenue collections,” Commissioner Mendoza said to end the joint announcement.

RMC No. 107-2025: https://tinyurl.com/bdynx69h

Good news para sa mga negosyo!

Upang mas mapadali ang business registration process, inilabas ng BIR ang Revenue Memorandum Circular (RMC) No. 91-2025 na pinapayagan ang pagtanggap ng Board Resolutions at Secretary’s Certificates na pirmado ng Assistant Corporate Secretaries bilang bahagi ng documentary requirements sa ilalim ng RMC No. 74-2025.

Nilinaw ng Circular na alinsunod sa Revised Corporation Code, ang Corporate Secretary ang opisyal na responsable sa integridad ng mga opisyal na records ng korporasyon.

Para mabawasan ang administrative burden, tatanggapin na rin ng BIR ang mga dokumentong pirmado ng Assistant Corporate Secretaries.

Layunin ng hakbang na ito na mas mapabilis at mas maging simple ang proseso ng pagrerehistro ng negosyo sa BIR.

Follow Commissioner Lumagui’s official accounts:
IG & TikTok:

Revenue Memorandum Circular No. 81-2025

Reiterating the Criteria and Guidelines on the Deductibility of Ordinary and Necessary Expenses Under Section 34(A)(1)(a) of the National Internal Revenue Code of 1997, as Amended

Full text: https://tinyurl.com/y2bz8dbb

Deadline extension!!!