HCR Bookkeeping Services

18/05/2026

The Bureau of Internal Revenue Philippines (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 46-2026, providing a deadline extension for the submission of 2025 Audited Financial Statements (AFS) and other attachments via the eAFS facility.

Taxpayers who were unable to submit by May 15 due to system errors, or those who used the contingency email but did not receive an acknowledgment, now have until May 25, 2026, to submit or re-submit their documents via eAFS without penalties.

Please be guided that this is strictly an extension for eAFS attachments, not the Annual Income Tax Return.

Source: BIR website

23/02/2026

Join our Team🎉

14/01/2026

3 Tax Clearance for Bidding Purposes done in just 2 consecutive days🎉🎉

08/01/2026

Happy 7th anniversary HCR Bookkeeping Services🎉🎉🎉
To God be all the glory🎇


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23/12/2025

24/11/2025

BIR Suspends All Audit and Field Operations (RMC No. 107-2025)

Effective immediately, the Bureau of Internal Revenue (BIR) has ordered the suspension of all field audits and related field operations. This move aims to address systemic issues, protect taxpayer rights, and ensure integrity in the audit process.

The issuance of Letters of Authority (LOA), Mission Orders (MO), and the examination/verification of books of accounts are SUSPENDED until the order is lifted by the Commissioner.

While general audits are paused, the BIR will continue working on:
・Cases prescribing within six (6) months
・Estate Tax, Donor’s Tax, Capital Gains Tax, and Withholding Tax on land/share sales
・Retiring businesses
・Active criminal probes requiring immediate action
・Refund claims requiring an LOA
・Deadlines imposed by the Commissioner

The issuance of Assessment Notices, Warrants, and Seizure Notices will continue to maximize revenue collection.

Source: BIR website

20/11/2025

Thank you all for working with us during your internship. I hope you’ve learned a lot about the real world of accounting and the nature of actual work. Keep studying and make your parents proud. Good luck!