First-Alpha Accounting Services

First-Alpha Accounting Services ACCOUNTING - AUDIT - TAXATION - MANAGEMENT

30/06/2026

๐Ÿ“ข ๐—ก๐—ข๐—ง๐—œ๐—–๐—˜: ๐—˜๐˜…๐˜๐—ฒ๐—ป๐˜€๐—ถ๐—ผ๐—ป ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ง๐—ฟ๐—ฎ๐—ป๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—จ๐˜€๐—ฒ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฌ ๐—š๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ฎ๐—น ๐—œ๐—ป๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฆ๐—ต๐—ฒ๐—ฒ๐˜ (๐—š๐—œ๐—ฆ) ๐—™๐—ผ๐—ฟ๐—บ ๐—ณ๐—ผ๐—ฟ ๐—š๐—œ๐—ฆ ๐—ฎ๐—ป๐—ฑ ๐—•๐—ฒ๐—ป๐—ฒ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฎ๐—น ๐—ข๐˜„๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ ๐——๐—ฒ๐—ฐ๐—น๐—ฎ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป (๐—•๐—ข๐——) ๐—ฃ๐—ฎ๐—ด๐—ฒ ๐—™๐—ถ๐—น๐—ถ๐—ป๐—ด ๐—ง๐—ต๐—ฟ๐—ผ๐˜‚๐—ด๐—ต ๐—ฒ๐—™๐—”๐—ฆ๐—ง ๐—จ๐—ป๐˜๐—ถ๐—น ๐Ÿฏ๐Ÿญ ๐—๐˜‚๐—น๐˜† ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ

The Securities and Exchange Commission (SEC) informs all corporations and other concerned stakeholders that the transitional use of the 2020 General Information Sheet (GIS) Form, which includes the Beneficial Ownership Declaration (BOD) Page, is extended until 31 July 2026.

During the extension period, corporations may continue to file their GIS and BOD Page through eFAST using the 2020 GIS Form without being redirected to the Hierarchical and Applicable Relations and Beneficial Ownership Registry (HARBOR).

This extension is intended to facilitate a smooth transition to HARBOR while the Commission continues to address technical issues affecting the filing process.

For inquiries and technical assistance:
๐Ÿ“ž Dial 1-4SEC (1-4732).
๐Ÿ’ฌ Visit the SEC iMessage portal at https://imessage.sec.gov.ph/

Read the full notice here: https://www.sec.gov.ph/notices/extension-of-the-transitional-use-of-the-2020-general-information-sheet-gis-form-for-gis-and-beneficial-ownership-declaration-bod-page-filing-through-efast-until-31-july-2026/

Driving growth through expertise and collaboration.We are proud to share that the Managing Practitioner of First-Alpha A...
27/06/2026

Driving growth through expertise and collaboration.

We are proud to share that the Managing Practitioner of First-Alpha Accounting Services, Mr. Alphonse Mari P. Ligutan, CPA, MBA, served as the Sector Specialist during the sectoral workshop for the crafting of the Ormoc City Economic Development and Strategic Investment Promotion Plan (OCEDSIPP) held on June 24โ€“25, 2026.

The workshop brought together stakeholders from the Trade, Commerce, and Cooperatives sectors to identify opportunities, address challenges, and formulate strategies that will strengthen Ormoc City's economic development and investment promotion initiatives.

First-Alpha Accounting Services is honored to contribute its expertise in shaping policies and strategies that support sustainable economic growth, stronger local enterprises, and a more competitive business environment.

Together, we build a stronger and more prosperous Ormoc City.

Photos: Local Economic Development and Investment Promotion Office

Itโ€™s a wrap! 2-day Excel Training and Workshop for Alto Peak Cafe Team.Thank you for the trust and continued partnership...
23/06/2026

Itโ€™s a wrap! 2-day Excel Training and Workshop for Alto Peak Cafe Team.

Thank you for the trust and continued partnership Alto Peak Chocolates!

BIR One-Time Tax Abatement Program (RR No. 4-2026)BIR launched a One-Time Tax Abatement Program for qualified micro taxp...
22/06/2026

BIR One-Time Tax Abatement Program (RR No. 4-2026)

BIR launched a One-Time Tax Abatement Program for qualified micro taxpayers through Revenue Regulations No. 4-2026 issued on June 22, 2026.

Application period: Until December 31, 2026

Who may qualify?

Micro taxpayers
a. with annual gross sales not exceeding โ‚ฑ3,000,000; and
b. whose covered total basic tax liabilities and/or penalties not exceeding โ‚ฑ80,000 per taxable year.

Covered cases include:

* Delinquent tax accounts.
* Tax assessments (preliminary or final, disputed or undisputed).
* Open stop-filer cases.
* Taxpayers who have already ceased business operations.
* Cases existing as of December 31, 2025.

Purpose of the program:

* Allow taxpayers to settle old tax issues.
* Clean up and update taxpayer records.
* Encourage voluntary tax compliance.
* Provide a โ€œfresh startโ€ for micro businesses and stop-filers.

Application requirements:

* File an application with the appropriate Revenue District Office (RDO).
* Pay a one-time abatement fee of โ‚ฑ5,000 per approved application.

See RR for full details.

Day 1 done for the Alto Peak Cafe teamโ€™s Excel Training and Workshop.Thank you for your full participation and commitmen...
22/06/2026

Day 1 done for the Alto Peak Cafe teamโ€™s Excel Training and Workshop.

Thank you for your full participation and commitment to learn!

See you tomorrow!

This week, we proudly celebrate the 8th Anniversary of First-Alpha Accounting Services.What began as a vision to provide...
16/06/2026

This week, we proudly celebrate the 8th Anniversary of First-Alpha Accounting Services.

What began as a vision to provide reliable, value-adding, and professional accounting services has grown into a trusted partnership with businesses, entrepreneurs, government, and organizations across our community.

This milestone is a testament to the trust of our clients and partners, the dedication of our team, and the unwavering support of our stakeholders.

As we reflect on our journey, we are grateful for every challenge that strengthened us, every opportunity that inspired us, and every relationship that contributed to our growth.

We renew our commitment to empowering businesses, creating value, and helping our clients achieve sustainable success.

Thank you for being part of our journey. Here's to the next chapter of growth, innovation, and service excellence.

Happy 8th Anniversary, First-Alpha Accounting Services!

20/05/2026

๐Ÿ“ฃ ๐—ฆ๐—˜๐—– ๐˜€๐˜‚๐˜€๐—ฝ๐—ฒ๐—ป๐—ฑ๐˜€ ๐—บ๐—ผ๐—ป๐˜๐—ต๐—น๐˜† ๐—ฝ๐—ฒ๐—ป๐—ฎ๐—น๐˜๐—ถ๐—ฒ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—น๐—ฎ๐˜๐—ฒ, ๐—ป๐—ผ๐—ป-๐—ณ๐—ถ๐—น๐—ถ๐—ป๐—ด ๐—ผ๐—ณ ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜๐˜€

The Securities and Exchange Commission (SEC) is suspending until December 31, 2026 the imposition of monthly penalties in the late or non-filing of reportorial requirements, as it seeks to reduce transaction costs and promote the ease of doing business.

In its meeting on May 5, the Commission En Banc approved the suspension of penalties imposed for every month of delay for the late or non-filing of reportorial requirements, as provided under SEC Memorandum Circular No. 6, Series of 2024 (MC 6).

โ€œAs we celebrate the Ease of Doing Business month this May, the SEC reaffirms its commitment to foster a robust and responsive business environment,โ€ SEC Chairperson Francis Lim said.

โ€œBy suspending the compounding monthly penalties, we are providing corporations an opportunity to get back their good standing without the burden of mounting transaction costs, as part of our goal of pushing corporations toward full compliance and sustainable growth,โ€ he added.

The suspension will apply to corporations with pending monitoring applications. Corporations that have received final assessments but have not yet settled payment will be issued updated assessments excluding the per month of delay components.

Read the full memorandum circular here: https://www.sec.gov.ph/mc-2026/sec-mc-no-16-series-of-2026suspension-of-the-per-month-of-delay-penalty-for-late-and-non-filing-of-reportorial-requirements-under-sec-memorandum-circular-no-6-series-of-2024/

Read the full press release here: https://www.sec.gov.ph/pr-2026/sec-suspends-monthly-penalties-for-late-non-filing-of-reports/

RMC 47-2026BIR simplifies the process of closing taxpayer registration by prescribing the documentary requirements and p...
20/05/2026

RMC 47-2026

BIR simplifies the process of closing taxpayer registration by prescribing the documentary requirements and process. Micro taxpayers, those with less than 3M gross sales in the immediately preceding year or less than 8M gross assets at the time of retirement, will no longer be subjected to audit.

The BIR Issues Advisory about certain issues about the ๐—˜๐—Ÿ๐—˜๐—–๐—ง๐—ฅ๐—ข๐—ก๐—œ๐—– ๐—”๐—จ๐——๐—œ๐—ง๐—˜๐—— ๐—™๐—œ๐—ก๐—”๐—ก๐—–๐—œ๐—”๐—Ÿ ๐—ฆ๐—ง๐—”๐—ง๐—˜๐— ๐—˜๐—ก๐—ง๐—ฆ (๐—˜๐—”๐—™๐—ฆ).Rhis serves as a g...
14/05/2026

The BIR Issues Advisory about certain issues about the ๐—˜๐—Ÿ๐—˜๐—–๐—ง๐—ฅ๐—ข๐—ก๐—œ๐—– ๐—”๐—จ๐——๐—œ๐—ง๐—˜๐—— ๐—™๐—œ๐—ก๐—”๐—ก๐—–๐—œ๐—”๐—Ÿ ๐—ฆ๐—ง๐—”๐—ง๐—˜๐— ๐—˜๐—ก๐—ง๐—ฆ (๐—˜๐—”๐—™๐—ฆ).

Rhis serves as a guide to assist taxpayers and revenue officers to respond to common issues in the eAFS system, which includes registration, login concerns, file uploads, and proof of submission.

Source: BIR page

SEC Extends the deadline for the temporary use of 2020 Version of the General Information Sheet to June 30, 2026.A 2026 ...
12/05/2026

SEC Extends the deadline for the temporary use of 2020 Version of the General Information Sheet to June 30, 2026.

A 2026 version was released earlier this year with a feature that uses SEC HARBOR for the Beneficial Ownership Declaration.

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Ormoc City
6541

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