Gonzales, Enguillo & Co. CPAs

Gonzales, Enguillo & Co. CPAs is looking for an IT Intern who is interested in web-based systems, UI/UX, systems analysis, and quality assurance.

Gain real-world experience, work on actual projects, and grow with our team!

📩 Send your resume and letter of intent to [email protected]
📅 Application deadline: September 15, 2026

Learn. Create. Collaborate. Make an Impact. 🚀

ANNOUNCEMENT

Please be informed that GONZALES, ENGUILLO & CO. CPAs will have no office operations today, August 17, 2026, due to the continued inclement weather conditions.

However, our team will be working from home and will do our best to assist you with your concerns and inquiries online. Please expect some delays in response as we prioritize everyone’s safety.

We encourage everyone to stay indoors, monitor weather updates, and take all necessary precautions.
Please stay safe and dry, everyone!

-GECoCPAs

The Bureau of Internal Revenue (BIR) is hereby extending the deadline for the filing of tax returns and the payment of taxes due thereon until August 17, 2026, including submission of required documents and to provide ample time for taxpayers and BIR Personnel under the following affected Revenue District Offices, including affected Authorized Agent Banks (AABs), to comply with the statutory tax deadlines:

*See image below*

ANNOUNCEMENT

Please be informed that GONZALES, ENGUILLO & CO. CPAs will have no office operations today, August 10, 2026, due to the continued inclement weather conditions.

However, our team will be working from home and will do our best to assist you with your concerns and inquiries online. Please expect some delays in response as we prioritize everyone’s safety.

We encourage everyone to stay indoors, monitor weather updates, and take all necessary precautions.
Please stay safe and dry, everyone!

-GECoCPAs

POV: Your accountants on July 24.

The VAT and Percentage Tax (PT) deadlines are getting closer, and we're all reaching for your Sales & Purchases Reports.

Help your accountants help you.
✅ Submit your reports on time.
✅ Avoid last-minute stress.
✅ Stay compliant.

The earlier you send your reports, the smoother your filing will be.

BIR Issues Guidelines for One-Time Tax Abatement Program for Qualified Micro Taxpayers

The Bureau of Internal Revenue (BIR) has issued Revenue Regulations No. 4-2026, prescribing 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.

Who May Qualify?
• Micro taxpayers with annual gross sales not exceeding ₱3,000,000
• Taxpayers with covered basic tax liabilities and/or penalties not exceeding ₱80,000 per taxable year
• Natural or juridical persons, including those that have already ceased business operations, subject to the conditions provided under the regulations

Covered Cases
The program covers certain delinquent accounts, assessments (whether preliminary or final, disputed or not), and open stop-filer cases existing as of December 31, 2025, subject to the requirements and limitations prescribed under RR No. 4-2026.
Application Process

Qualified taxpayers are required to:
-File an application for abatement with the Revenue District Office (RDO) having jurisdiction over the taxpayer;
-Pay the prescribed abatement fee of ₱5,000 for each approved application; and
-Comply with the documentary and procedural requirements set forth in the regulations.
-Upon compliance, the concerned RDO shall issue a Certificate of Availment evidencing the taxpayer's availment of the program and the closure of the covered case.

Period for Availment
Applications may be filed until December 31, 2026.
Important Considerations
• Tax payments made prior to the effectivity of RR No. 4-2026 are generally non-refundable.
• The abatement fee is non-refundable in accordance with the provisions of the regulations.
• Taxpayers should carefully evaluate their eligibility and the implications of availing of the program based on their specific circumstances.

For complete details, taxpayers are encouraged to review Revenue Regulations No. 4-2026 and related BIR issuances.

This post is intended solely for general information and does not constitute tax, legal, or professional advice. The applicability of RR No. 4-2026 depends on the facts and circumstances of each case.

📢 BIR Issues One-Time Tax Abatement Program for Qualified Micro Taxpayers

The Bureau of Internal Revenue (BIR) has issued Revenue Regulations No. 4-2026, establishing a one-time tax abatement program for qualified micro taxpayers with delinquent accounts, assessments, and open stop-filer cases.

The program is available until December 31, 2026 and is intended to provide eligible taxpayers with an opportunity to regularize their tax records and address outstanding tax obligations under the conditions prescribed by the regulations.

Highlights of the Program:
• Applicable to qualified micro taxpayers with annual gross sales not exceeding ₱3,000,000.
• Covers certain delinquent accounts, assessments, and open stop-filer cases existing as of December 31, 2026.
• Subject to eligibility requirements, including limitations on covered tax liabilities and penalties.
• Approved applicants are required to pay a one-time abatement fee of ₱5,000 per application.
• Upon compliance with the requirements, the concerned Revenue District Office shall issue a Certificate of Availment evidencing the closure of the covered case.

Taxpayers are encouraged to review the provisions of Revenue Regulations No. 4-2026 and assess their eligibility based on the facts and circumstances of their respective cases.

Our firm remains committed to keeping taxpayers informed of significant regulatory developments affecting tax compliance and administration.

Disclaimer:
This post is provided for general informational purposes only and should not be construed as tax, legal, or professional advice. Eligibility and application requirements are subject to the provisions of Revenue Regulations No. 4-2026 and related BIR issuances.

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

Congratulations, LENAR DEAN P. EDQUIBAN, CPA! 🎉

We are incredibly proud of you and this well-deserved achievement. Your hard work, determination, and countless hours of dedication have finally paid off.

It has been a privilege to have been part of your journey, and seeing you earn the title of CPA fills us with joy and pride. May this milestone open many doors and lead you to even greater success.

Congratulations, CPA Lenar! Your GECoCPAs family is celebrating with you and cheering you on every step of the way.

CONGRATULATIONS, NEW CERTIFIED PUBLIC ACCOUNTANTS! 🎉

A total of 3,004 out of 9,745 (30.83%) passed the May 2026 Certified Public Accountant Licensure Examination (CPALE), the Professional Regulation Commission announced on Tuesday, June 2, 2026.

👉Full Results: bit.ly/CPALE-May2026