TaxWise PH

07/02/2026

You paid your taxes.
You think you’re safe?

That’s where most small businesses get it wrong.

Payment is not compliance.

Here’s the Top 5 most common reasons businesses still get penalized:

1️⃣ Late or Non-Filing of Returns – Even zero income requires filing. The system automatically flags missing returns.

2️⃣ Incorrect OR / Invoice Issuance – Wrong TIN, address, VAT label, or failure to issue receipts properly. Technical errors = real penalties.

3️⃣ Unregistered or Improper Books of Accounts – Books must be registered and properly maintained. Filing alone is not enough.

4️⃣ No Authority to Print (ATP) – Using receipts without approved ATP can trigger immediate findings.

5️⃣ Wrong VAT Status / Tax Type – Registered under the wrong category? That mismatch leads to assessments and adjustments.

The BIR doesn’t check effort.
They check compliance.
One technical mistake can cost more than the tax itself.
Are you compliant — or just confident?

28/01/2026

Join us this January 30, 2026 | 8:00 AM, live via Zoom and Facebook Live for a FREE webinar to learn about the Registration of MICRO and SMALL Taxpayers.

Zoom Registration Link: https://bir-gov-ph.zoom.us/meeting/register/-klEQ2inRYi6b-2otwa40g

25/01/2026

🎅 Santa’s exhausted and heading home—
📋 Examiners are coming "back" to town.

💡 Don’t wait for an LOA to arrive.
Verify, review, and update your tax filings early so when audit season comes, you’re confident—not anxious.

📩 Message us today and let our experts help you prepare your business—properly, professionally, and with confidence.

23/01/2026

Grateful to work alongside EVERGROW BUSINESS SERVICES and to collaborate with business owners who openly share their experiences, ideas, and growth journeys.
While we provide tax and advisory services, we equally value the learning, insights, and perspectives that help us grow together. 🤝

23/01/2026

Join the BIR Tax Quiz every Monday, Wednesday & Friday at 10:00 AM for a chance to win ₱100 GCash 🎁
✔️ Comment the correct answer before 5:00 PM, like & follow RDO 132 – East, Davao City—winners announced every Monday!

Think you’re a tax whiz? 🧠
Prove it in our BIR Tax Quiz! 🥇
📅 Every Monday, Wednesday & Friday at 10:00 AM
🎁 Win ₱100 GCash if luck is on your side!
🔔 WINNER SELECTION MECHANICS
✔️ Comment the correct answer before 5:00 PM on the same day
🎯 All correct entries will be entered into a roulette draw to determine the winner
✍️ Only one entry per person per quiz day
👍 Like & follow RDO 132 - East, Davao City
🏆 Winners announced every Monday — don’t miss out!

21/01/2026

When your client is an international accounting firm… and one of them has 35+ years of experience 😅📊

This morning, three of us from our tax and advisory company met with two expert CPAs from our client’s team. Daghan kaayo ug taxes to discuss, and every suggestion gets a double-check—because these are not just any CPAs, these are experts!

Challenging, yes… but truly wonderful to have them as our client. We’re very grateful for their advice and insights—not just for their firm, but also for helping us improve ours. 🙏🧾

21/01/2026

GOOD NEWS for MICRO ENTERPRISES! 📢
The SEC has simplified compliance for micro enterprises—resulting in lower costs and fewer regulatory requirements for small businesses.

📄❌ Audited Financial Statements are no longer required, helping you save on audit fees
✅ Your management-prepared Financial Statements must still be submitted to the SEC
✍️ These must be accompanied by a Statement of Management’s Responsibility (SMR), signed under oath

👉 This means simpler, faster, and more cost-efficient compliance, while remaining fully SEC-compliant.

📌 Important note:
The SEC exemption applies to SEC filings only. For BIR purposes, audited Financial Statements may still be required if your gross annual sales or receipts exceed ₱3 million, regardless of the SEC exemption.

👉 SEC and BIR have separate compliance rules—one exemption does not automatically apply to the other.

📣 𝗦𝗘𝗖 𝗲𝘅𝗲𝗺𝗽𝘁𝘀 𝗺𝗶𝗰𝗿𝗼 𝗲𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲𝘀 𝗳𝗿𝗼𝗺 𝘀𝘂𝗯𝗺𝗶𝘁𝘁𝗶𝗻𝗴 𝗮𝘂𝗱𝗶𝘁𝗲𝗱 𝗙𝗦

Micro enterprises are now exempted from submitting audited financial statements as part of their reportorial requirements, as the Securities and Exchange Commission (SEC) moves to streamline compliance and reduce regulatory burdens for small companies.

The Commission on January 20 issued Memorandum Circular No. 4, Series of 2026, providing the Amendments to the Application and Definition of Terms under Revised Rule 68 of Republic Act No. 8799, or the Securities and Regulation Code (SRC), in Relation to the Adjustment of the Audit Threshold.

The memorandum circular exempts both stock and nonstock corporations with total assets or liabilities not exceeding P3 million from submitting audited financial statements.

Previously, only stock and nonstock corporations with total assets or liabilities less than P600,000 were exempted from mandatory audit.

🔗 Read the full Memorandum Circular here: https://www.sec.gov.ph/mc-2026/sec-mc-no-04-series-of-2026

20/01/2026

𝗕𝗜𝗥 Launches First-Ever Interactive Digital Tax Calendar for 2026

The BIR has launched its 2026 Interactive Digital Tax Calendar (RMC No. 110-2025), an online tool to help taxpayers and practitioners track deadlines, manage filings, and stay compliant. Accessible via www.bir.gov.ph, the calendar features a user-friendly interface with clickable dates, daily tax reminders, and quick links to BIR Forms, Directory, Authorized Agent Banks, and social media accounts.

𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗼𝗻 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄
🏠 Home – full-year view of all twelve months
📅 Tax Deadlines – daily tax reminders
🔗 Links – quick access to BIR Forms, Directory, Authorized Agent Banks per RDO, and social media
📄 Forms – list of BIR Forms (PDF) with filing frequency and deadlines
🧭 Guide – instructions on navigating the calendar
☎️ Contacts – BIR National Office contact details

Access the calendar here: https://tinyurl.com/2026BIRDigitalTaxCalendar

19/01/2026

The tax practitioners of Davao City warmly welcome our new Revenue District Officer of RDO 113A – West Davao City, Mr. Joseph Melchor “Joepet” Eballa.

We look forward to working hand in hand in strengthening transparency, professionalism, and effective tax administration. With your leadership, we are hopeful for a closer collaboration between the Bureau of Internal Revenue and the tax practitioners in our district—for the benefit of our taxpayers and our community.

Daghang salamat, ug malipayong pag-abot sa Davao, Sir Joepet.
Wishing you a fruitful and meaningful term in service to the public and to nation-building. 🇵🇭

03/01/2026

🧾 Tax & Compliance
Stay compliant and on schedule with stress-free filings and guidance.
✔️Monthly, quarterly, and annual tax filings
✔️Tax planning and advisory for wise compliance
✔️BIR audit assistance
✔️Closure of open cases
✔️Tax clearance for bidders
✔️Application for tax exemption
✔️Estate, donor’s, and capital gains tax assistance
✔️Non-VAT to VAT updates and vice versa
✔️Authority to Print (ATP) applications
✔️TIN issuance and updating
✔️eAFS submissions

🏢 Business Registration, Amendments & Closure
From start-up to scaling, we assist every step of the way.
✔️BIR registration and updates
✔️DTI business name registration
✔️SEC registration (OPC, partnership, corporation)
✔️Barangay Micro-Business Enterprise (BMBE) registration
✔️Books of accounts registration and stamping
✔️POS / cash register / CAS registration

🪪 Permits & Licensing (New Application or Renewal)
✔️We help secure the permits you need to operate smoothly.
✔️Local business permits
✔️FDA permits
✔️Bangko Sentral ng Pilipinas License to Operate (LTO) for Pawnshops

📚 Bookkeeping & Accounting
Keep your records organized and ready whenever you need them.
✔️Bookkeeping
✔️Preparation of financial statements
✔️Accounting system setup (chart of accounts, policies)
✔️Data cleanup and catch-up bookkeeping

👥 Payroll & Government Contributions
Accurate payroll, complete reports, and on-time contributions.
✔️SSS, PhilHealth, Pag-IBIG compliance and filings
✔️Payroll processing

💼 Other Services
✔️Extra support for your growing business needs.
✔️Bank loan application assistance
✔️Business process review
✔️Management reports, budgeting, and cash flow support
✔️Government bidding documentation
✔️Transfer of Land Titles

03/01/2026

Welcome to TaxWise PH!
Your trusted partner in tax planning, accurate and on-time tax filing, fast business registration, bookkeeping, and SME advisory.

Running a business is exciting—whether you’re just starting or already growing. At TaxWise PH, we help entrepreneurs stay compliant, organized, and confident by focusing on what matters most: strategic tax planning, precise filings, and efficient setup of your business requirements.

How we support you

• Tax planning and accurate, on-time BIR filing
• Fast and efficient business registration and new business setup
• Reliable bookkeeping and financial statements
• Practical accounting and tax advisory for startups and SMEs

Why businesses choose TaxWise PH

✔️ Accuracy-first approach to tax filings
✔️ Fast processing of registrations and compliance requirements
✔️ Clear updates throughout every step
✔️ Responsive communication — easy to reach, easy to work with
✔️ Secure records with protected digital and physical files

With TaxWise PH, you get clear numbers, smooth compliance, and dependable support—so you can focus on growing your business with confidence.

Simple. Clear. TaxWise.

📩 Message us anytime—we’d be happy to support your business journey.