GARN Accounting & Bookkeeping Services

21/05/2026

📢 BIR UPDATE: Smaller Tax Cases May No Longer Be Priority for Collection

Under Revenue Memorandum Order No. 011-2026, the BIR increased the “Cost to Collect Threshold” from ₱20,000 to ₱80,000.

✅ Before: Cases worth ₱20k and above may be pursued for collection
✅ Now: Threshold increased to ₱80k

What does this mean? 🤔

The BIR is now prioritizing larger tax delinquency cases and reducing resources spent on smaller collectible accounts.

BUT TAKE NOTE ❗
This does NOT mean:
❌ Taxes below ₱80k are automatically cancelled
❌ Penalties are removed
❌ Tax compliance is no longer required

Tax obligations still exist. This update simply helps the BIR focus collection efforts on higher-value cases.

This may affect:
• Freelancers
• Self-employed individuals
• Small businesses
• Taxpayers with old open cases or assessments

Still best to stay compliant and settle tax issues properly 👍

Send a message to learn more

19/05/2026

𝗣𝗨𝗕𝗟𝗜𝗖 𝗔𝗗𝗩𝗜𝗦𝗢𝗥𝗬 : 𝗕𝗜𝗥 𝗘𝗫𝗧𝗘𝗡𝗗𝗦 𝗗𝗘𝗔𝗗𝗟𝗜𝗡𝗘 𝗙𝗢𝗥 𝗘𝗔𝗙𝗦 𝗦𝗨𝗕𝗠𝗜𝗦𝗦𝗜𝗢𝗡𝗦 𝗨𝗡𝗧𝗜𝗟 𝗠𝗔𝗬 𝟮𝟱

The Bureau of Internal Revenue (BIR) has announced that it is extending the deadline for the submission of the 2025 Audited Financial Statements (AFS) and other mandatory attachments through the Electronic Audited Financial Statements (eAFS) facility until May 25, 2026.

The extension was finalized through Revenue Memorandum Circular No. 46-2026 to provide administrative relief to taxpayers who encountered eAFS system-related technical issues during the recently concluded 2025 Annual Income Tax Return (AITR) filing season.

Under this issuance, penalties arising solely from delayed attachment submissions during this period are waived.

The extension until May 25, 2026, strictly applies to the following taxpayers:

1. Those who were unable to successfully upload their 2025 AFS and attachments through the eAFS platform on or before May 15, 2026, due to system-related issues; and

2. Those who utilized the contingency email submission route on or before May 15, 2026, but have not yet received an official email acknowledgment receipt from their concerned BIR office.

Taxpayers who submitted their attachments through the prescribed contingency email procedure on or before May 15, 2026, and have already received an email acknowledgment from their concerned BIR office, are considered fully compliant.

They are not required to resubmit via the eAFS facility, though they may still choose to do so voluntarily.

The BIR clarified that this extension applies only to the submission of the AFS and related attachments through the eAFS facility. It does not extend the statutory deadline for the filing and payment of the Annual Income Tax Return (AITR) itself.

The full copy of the guidelines can be accessed through this link:https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2046-2026.pdf

Ctto

19/05/2026

𝗕𝗜𝗥 𝗘𝗟𝗘𝗖𝗧𝗥𝗢𝗡𝗜𝗖 𝗔𝗨𝗗𝗜𝗧𝗘𝗗 𝗙𝗜𝗡𝗔𝗡𝗖𝗜𝗔𝗟 𝗦𝗧𝗔𝗧𝗘𝗠𝗘𝗡𝗧𝗦 (𝗘𝗔𝗙𝗦) 𝗧𝗔𝗫 𝗔𝗗𝗩𝗜𝗦𝗢𝗥𝗬 𝗨𝗣𝗗𝗔𝗧𝗘!

08/05/2026

Tax Advisory: Delay/Non-receipt of system generated email confirmation from eBIRForms.

Guidelines below.

10/12/2025

TaxUpdate Alert!

BIR RMC No. 97-2025! 📢

The Bureau of Internal Revenue has officially released the revised BIR Registration Forms (October 2025 ENCS).

This update is part of the BIR’s initiative to improve processes and support the and the Efficient Government Service Delivery Act (RA 11032). 🙌

📄 What’s New?
The updated forms come with revised checklists of documentary requirements and apply to several registration applications, including:

• BIR Form 1901 – Self-Employed / Professionals / Mixed Income
• BIR Form 1902 – Pure Compensation Income Earners
• BIR Form 1903 – Corporations, Partnerships, GAIs, LGUs, Cooperatives, Associations
• BIR Form 1905 – Update / Correction / Cancellation of Registration
• Plus forms for Loose-Leaf Books (1900), One-Time Taxpayers (1904), Authority to Print (1906) and more.

🧾 The revised PDF forms are now available for download on the BIR website.

👉 Stay compliant! Make sure you’re using the latest forms for your registrations and updates.

Follow for more tax updates and simplified guides.

14/08/2025

Celebrating my 4th year on Facebook. Thank you for your continuing support. I could never have made it without you. 🙏🤗🎉

24/07/2025

https://www.facebook.com/share/1Fu946MfTX/?mibextid=wwXIfr

01/07/2025

15/06/2025

🙋‍♀️ Tired of DIY bookkeeping?
😩 Laging late sa BIR deadlines?

Let’s change that.
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✔️ Monthly & quarterly filings
✔️ Complete year-end reports
✔️ Easy to understand updates
✔️ Support from real professionals

💬 Free initial consultation!
📲 Send us a message or comment “BOOKKEEPING HELP” to claim!

14/06/2025

😵 BIR deadlines? Penalties? Receipts everywhere?
📌 Time to delegate your accounting!

We help freelancers, online sellers, and small business owners like you:
💼 Stay compliant
🧾 File taxes correctly
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💬 Comment “HELP ME” or send us a message for your FREE consultation!