Terrence Leif F. Fangasan, CPA

15/05/2026

𝐓.𝐅 𝐅𝐀𝐍𝐆𝐀𝐒𝐀𝐍 𝐀𝐂𝐂𝐎𝐔𝐍𝐓𝐈𝐍𝐆 𝐅𝐈𝐑𝐌: 𝐂𝐋𝐈𝐄𝐍𝐓 𝐀𝐃𝐕𝐈𝐒𝐎𝐑𝐘 𝐑𝐄𝐌𝐈𝐍𝐃𝐄𝐑

LAST DAY TO FILE!

The BIR is reminding taxpayers to pay their exact 2025 Annual Income Tax on the day of filing their Return.

Deadline: May 15, 2026

05/05/2026

𝐓.𝐅 𝐅𝐀𝐍𝐆𝐀𝐒𝐀𝐍 𝐀𝐂𝐂𝐎𝐔𝐍𝐓𝐈𝐍𝐆 𝐅𝐈𝐑𝐌: 𝐂𝐋𝐈𝐄𝐍𝐓 𝐀𝐃𝐕𝐈𝐒𝐎𝐑𝐘 𝐑𝐄𝐌𝐈𝐍𝐃𝐄𝐑

10 DAYS LEFT! Pay as you file!

With the deadline fast approaching, the BIR is reminding taxpayers to pay their exact 2025 Annual Income Tax on the day of filing their Return.

Deadline: on or before May 15, 2026.

14/04/2026

𝐓.𝐅 𝐅𝐀𝐍𝐆𝐀𝐒𝐀𝐍 𝐀𝐂𝐂𝐎𝐔𝐍𝐓𝐈𝐍𝐆 𝐅𝐈𝐑𝐌 𝐂𝐋𝐈𝐄𝐍𝐓 𝐀𝐃𝐕𝐈𝐒𝐎𝐑𝐘:

𝐀𝐧𝐧𝐮𝐚𝐥 𝐈𝐧𝐜𝐨𝐦𝐞 𝐓𝐚𝐱 𝐑𝐞𝐭𝐮𝐫𝐧 𝐃𝐞𝐚𝐝𝐥𝐢𝐧𝐞 𝐌𝐨𝐯𝐞𝐝 𝐭𝐨 𝐌𝐚𝐲 𝟏𝟓, 𝟐𝟎𝟐𝟔.
The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular No. 30-2026, extending the deadline to May 15, 2026 for the filing of 2025 Annual Income Tax Returns, payment of the corresponding taxes due thereon, and submission of required attachments.

“In line with the directive of President Ferdinand R. Marcos Jr., this extension is meant to make tax compliance easier for taxpayers at a time when many are managing added strain from the ongoing energy crisis,” Commissioner Charlito Martin R. Mendoza said.
𝑆𝑜𝑢𝑟𝑐𝑒: 𝑂𝑓𝑓𝑖𝑐𝑖𝑎𝑙 𝐹𝑎𝑐𝑒𝑏𝑜𝑜𝑘 𝑃𝑎𝑔𝑒 𝑜𝑓 𝑡ℎ𝑒 𝐵𝑢𝑟𝑒𝑎𝑢 𝑜𝑓 𝐼𝑛𝑡𝑒𝑟𝑛𝑎𝑙 𝑅𝑒𝑣𝑒𝑛𝑢𝑒 (𝐵𝐼𝑅) 𝑃ℎ𝑖𝑙𝑖𝑝𝑝𝑖𝑛𝑒𝑠.

For your information and guidance.

13/04/2026

𝐓.𝐅. 𝐅𝐀𝐍𝐆𝐀𝐒𝐀𝐍 𝐀𝐂𝐂𝐎𝐔𝐍𝐓𝐈𝐍𝐆 𝐅𝐈𝐑𝐌 𝐀𝐃𝐕𝐈𝐒𝐎𝐑𝐘 𝐓𝐎 𝐂𝐋𝐈𝐄𝐍𝐓𝐒 𝟒-𝟏𝟒-𝟐𝟎𝟐𝟔

* Tax Deadline Alert, Avoid Penalties*

The e-filing and e-payment of BIR Forms 1701 and 1702 for Income Tax Return (ITR) and other required attachments for Calendar Year Ending 31 December 2025 are due tommorrow April 15,2026.

For your information and guidance.

03/04/2026

𝐓.𝐅 𝐅𝐀𝐍𝐆𝐀𝐒𝐀𝐍 𝐀𝐂𝐂𝐎𝐔𝐍𝐓𝐈𝐍𝐆 𝐅𝐈𝐑𝐌 𝐂𝐋𝐈𝐄𝐍𝐓 𝐀𝐃𝐕𝐈𝐒𝐎𝐑𝐘:

Please be advised that our office will be closed from April 2-4 in observance of Holy Week. Normal business hours will resume on 𝐌𝐨𝐧𝐝𝐚𝐲, 𝐀𝐩𝐫𝐢𝐥 𝟔.

For your information and guidance.

02/03/2026

𝐅𝐫𝐨𝐦 𝐭𝐡𝐞 𝐂𝐥𝐚𝐬𝐬𝐫𝐨𝐨𝐦 𝐭𝐨 𝐭𝐡𝐞 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐃𝐞𝐬𝐤!

Congratulations to our intern, Marco Wang-wang – a Grade 12 Accountancy, Business, and Management student from SVSI – on completing his immersion journey with us!

Supporting the next generation of professionals is something we always look forward to.

Great job on completing your immersion, Marco! We wish you the best of luck in your upcoming graduation and future endeavours.

11/02/2026

𝐓.𝐅 𝐅𝐀𝐍𝐆𝐀𝐒𝐀𝐍 𝐀𝐂𝐂𝐎𝐔𝐍𝐓𝐈𝐍𝐆 𝐅𝐈𝐑𝐌 𝐂𝐋𝐈𝐄𝐍𝐓 𝐀𝐃𝐕𝐈𝐒𝐎𝐑𝐘 𝐅𝐄𝐁𝐑𝐔𝐀𝐑𝐘 𝟏𝟏, 𝟐𝟎𝟐𝟔:

The firm's Bureau of Internal Revenue (BIR) accreditation (𝗔𝗡: 𝟬𝟮-𝟬𝟬𝟯𝟴𝟴𝟰-𝟬𝟬𝟭-𝟮𝟬𝟮𝟲) has been renewed and is valid until January 27, 2029.

For your information and guidance.

20/12/2025

𝐓.𝐅. 𝐅𝐀𝐍𝐆𝐀𝐒𝐀𝐍 𝐀𝐂𝐂𝐎𝐔𝐍𝐓𝐈𝐍𝐆 𝐅𝐈𝐑𝐌 𝐂𝐋𝐈𝐄𝐍𝐓 𝐀𝐃𝐕𝐈𝐒𝐎𝐑𝐘 𝐃𝐄𝐂𝐄𝐌𝐁𝐄𝐑 𝟐𝟎𝟐𝟓:
Please be advised that the FIRM will be on a Holiday Break until January 4, 2026.

The FIRM will resume regular business operations on 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟓, 𝟐𝟎𝟐𝟔.

For your information and guidance.

Thank you. ⛄️🌲⛄️

29/10/2025

𝐓.𝐅. 𝐅𝐚𝐧𝐠𝐚𝐬𝐚𝐧 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐢𝐧𝐠 𝐅𝐢𝐫𝐦 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐲 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟐𝟗-𝟐𝟎𝟐𝟓:

To our valued clients, office services will be suspended on October 30 (Thu), 2025, in relation to traditional All Saints' and All Souls' Day activities.

Regular operation will resume on 𝐍𝐨𝐯𝐞𝐦𝐛𝐞𝐫 𝟒, 𝟐𝟎𝟐𝟓.

For your information and guidance.

25/07/2025

𝐇𝐚𝐩𝐩𝐲 𝐁𝐢𝐫𝐭𝐡𝐝𝐚𝐲 𝐁𝐨𝐬𝐬, 𝐓𝐞𝐫𝐫𝐞𝐧𝐜𝐞 𝐋𝐞𝐢𝐟 𝐅. 𝐅𝐚𝐧𝐠𝐚𝐬𝐚𝐧!
https://www.facebook.com/share/p/19U9h2oFfS/

20/03/2025

NEWS FLASH!