J.T.L Accounting and Bookkeeping Services & Company

Three (3) eCARs for donation were successfully released today. Thank you to our client for the trust and confidence in handling your eCAR.

Ganito din ba doll shoes mo pag malapit na ang Tax Deadline and audit season, at my LOA?

BIR Targets ₱3.1 Trillion Collection for 2025 — Amid Ongoing LOA Suspension

The Bureau of Internal Revenue (BIR) has set an ambitious ₱3.1 trillion revenue target for the year 2025 — even as the agency continues its temporary suspension of all field audits and LOA issuances under Revenue Memorandum Circular No. 107-2025.

The suspension, announced jointly by the DOF and BIR, aims to review and reform audit practices following complaints of LOA misuse.

While the BIR has not yet released detailed strategies for meeting the 2025 target, the revenue goal forms part of the national government’s overall fiscal framework for next year.

Observers note that once the suspension is lifted, the agency is expected to reinstate updated audit procedures while continuing to strengthen digital tax systems and taxpayer compliance programs.

More official guidelines are expected as the BIR completes its internal audit reforms.

🇵🇭 DTI SAYS: ₱500 CAN STILL MAKE A NOCHE BUENA — REALITY OR POSSIBILITY?

The Department of Trade and Industry (DTI) recently stated that Filipino families can still prepare a simple Noche Buena for as low as ₱500. But what does this really mean for consumers?

DTI clarified that the ₱500 budget refers to a basic and minimal Noche Buena package, focusing only on essential items such as pasta, sauce, bread, or other small essentials—not the full traditional spread most families are used to.

In reality, the actual cost of Noche Buena will still depend on:

🔹 Brand choices
🔹 Size/quantity of items
🔹 Current market prices
🔹 Promotions and bundles in supermarkets

While prices of some selected items remain stable, many households feel the impact of inflation—especially those preparing meals for bigger families.

💬 What do you think? Can a family really prepare a decent Noche Buena with ₱500 today? Or is this budget too low for the current cost of living?

Okay lang mag DIY basta may Kasama ka na marunong, at may nag gaguide sayu. Hanggang sa matuto. Kasi mas maganda na may alam sa iyong mga buwis.

Kinilig ang buong Pilipinas sa pag kikita nila Emman Bacosa Pacquiao and Jillian Ward, e yung final balance mo para sa 3rd Quarter 2025 for BIR FORM 1701Q and 1702Q tapos naba? di bale atleast masaya sila.

Eyyyyyyy

Deadline:

1. 1701Q extended November 28, 2025 (sa mga affected ni bagyong uwan)

2. 1702Q - November 29, 2025 (Fall on Saturday) it will be move on December 1, 2025

Di baleng hindi kau mag kita ni crush, wag kalang kiligin at pag papawisan sa penalty dahil late ka nag file 😃😃😃😃😃

Nagmamahal

JTL TAXMOTO

BIR NEWS UPDATE:

New ATCs Released for Alphalist Data Entry v7.4

The Bureau of Internal Revenue has issued a Tax Advisory announcing an updated software patch for the Alphalist Data Entry Module v7.4. The update adds new Alphanumeric Tax Codes (ATCs) aligned with RR 24-2025 for top withholding agents.

New ATCs (½% CWT Rate)

• WI840 / WC840 – Motor vehicles, CKD units, parts & accessories
• WI850 / WC850 – Medicines & pharmaceutical products
• WI860 / WC860 – Solid & liquid fuels and related products

Taxpayers are advised to download the updated patch from the BIR website and ensure correct ATC reporting.

Source: BIR Tax Advisory, November 18, 2025.
https://bir-cdn.bir.gov.ph/BIR/pdf/Tax%20Advisory%20re%20Updated%20Software%20Patch%20of%20the%20newly%20created%20ATCs%20for%20Alphalist%20Data%20Entry%20v%207.4.pdf

BIR SUSPENDS ALL FIELD AUDITS NATIONWIDE (RMC 107-2025)

Effective Immediately | November 24, 2025

The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 107-2025, ordering the suspension of all ongoing and future field audits, including the issuance of:

1. Letters of Authority (LOA)
2. Mission Orders (MO)
3. Field examinations and on-site verifications
4. Audit-related operations by RDOs, Regions, LTS, Enforcement, VAT Audit Units, and Investigation Divisions

The suspension aims to address long-standing concerns on:
a. irregular and untimely audits
b. abuse of discretionary authority
c. inconsistencies across regional and district operations
d. threats to taxpayer rights
e. integrity issues within the audit system

According to Page 1 of the Circular, the BIR will conduct a comprehensive internal review to establish a “transparent, standardized, and modernized audit framework” that upholds fairness and due process.

What Operations Are Still Allowed? (Exceptions)

Under Section IV of the circular, audits may still proceed ONLY if:

1. Cases are prescribing within 6 months
2. Verification of estate, donor’s, capital gains, and withholding tax returns on real property & share transfers
3. Examination of taxpayers retiring from business
4. Criminal probes supported by verified intelligence or inter-agency referrals
5. Refund claims requiring LOA by law
6. Matters where deadlines or special orders exist

Important Directive to All BIR Offices

All BIR units must submit a full inventory of:

- unserved LOAs
- revalidated or expired LOAs
- supplementary MOs and related issuances

— within 15 working days from effectivity.

No LOA revalidation, extension, or issuance is allowed unless covered by exceptions.

Why This Matters to Taxpayers

1. No new LOA or MO for regular audits will be issued for now
2. Ongoing field audits are halted
3. Taxpayers may still voluntarily settle known deficiency taxes
4. Assessment Notices and Warrants will still be issued if covered by exceptions

This marks one of the most significant audit suspensions in recent years, signaling a move toward restoring integrity, transparency, and due process in the audit system.

Source: Revenue Memorandum Circular (RMC) No. 107-2025, signed by Commissioner Charlito Martin R. Mendoza on November 24, 2025.:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%20107-2025.pdf

Papalapit na naman ang deadline ng 1701Q sa November 28, 2025.

Ready ka naba?

Anu anu ang mga dapat ihanda?

1. Kompletong impormasyon ng iyong Sales/Service Revenue
transactions mula July to September 2025;
2. Kompletong impormasyon ng iyong Cost of Sales, Cost of
Services transactions mula July to September 2025.
3. Kompletong impormasyon ng iyong Expenses transactions mula
July to September 2025.
4. Kompletong creditable withholding tax o mas kilala sa BIR form
2307 para pang credit sa iyong income tax due.
5. EFPS/EBIR Form
6. SAWT - Summary Alphalist of Withholding Tax - Para sa mga
2307
7. Esubmission ng dat file sa BIR.

Mag handa at mag file sa tamang oras.

2 times na sunod sunod ka na failed sa CPALE then mag refresher ka, before ka Maka take ng 3rd time, fresh pa Ang sakit, di na kailangan ng refresher, Kasi nga masakit pa nga Diba? Fresh na fresh.

Salute to the CPALE takers na pilit lumaban. Sana free na Ang refresher course Kasi nga masakit Diba, mag babayad kapa ulit.