MKG Accounting Services

30/05/2025

Revenue Memorandum Circular No. 45-2025

Circularizing Cooperative Development Authority, Department of Finance and Bureau of Internal Revenue Joint Administrative Order No. 001-2025 entitled "Rules to Implement the Penalty Provision under Section 308 of the NIRC of 1997, as amended by R.A. No. 11534, otherwise known as the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, as implemented by Department of Finance, Department of Trade and Industry Joint Administrative Order (DOF-DTI JAO) No. 001-2023, issued on 9 March 2023."

Full text: https://tinyurl.com/425udm7t
Annex A: https://tinyurl.com/5zdfpw6m
Annex B: https://tinyurl.com/mtc869x8

30/05/2025

BIR Tax Deadline

May 30, 2025 Friday

SUBMISSION
Proof of eFiled BIR Form 1702 – RT/EX/MX with Audited Financial Statements (AFS), 1709 (if applicable), and Other Attachments through Electronic Audited Financial Statements (eAFS) or Manually. Fiscal Year ending January 31, 2025
Soft copies of Inventory Lists and Schedules stored and saved in DVD-R/USB properly labeled together with Notarized Sworn Declaration. Fiscal Year ending April 30, 2025

e-SUBMISSION
Quarterly Summary List of Sales/Purchases/Importations by a VAT Registered Taxpayers - eFPS Filers. Fiscal Quarter ending April 30, 2025

e-FILING/FILING & e-PAYMENT/PAYMENT
BIR Form 1702Q (Quarterly Income Tax Return For Corporations, Partnerships and Other Non-Individual Taxpayers) and Summary Alphalist of Withholding Taxes (SAWT). For the Quarter ending March 31, 2025

ONLINE REGISTRATION (thru ORUS)
Computerized Books of Accounts and Other Accounting Records. Fiscal Year ending April 30, 2025

21/04/2025

🚨 Tax filing doesn’t have to be stressful.

At MKG Accounting Services, we make sure your taxes are done right—and on time.

✅ Maximize deductions
✅ Avoid penalties
✅ Peace of mind guaranteed

Let us take the guesswork out of tax time. Book your FREE consult today!

📱 +639852581601
📧 [email protected]
📍 Barcenaga, Naujan, Oriental Mindoro

15/04/2025

Heads up, Micro and Small Taxpayers!
The BIR introduces Form No. 1701-MS, a simplified Annual Income Tax Return designed especially for you.

PAY AS YOU FILE your 2024 AITR on or before April 15, 2025

Scan the QR Code to learn more or Visit the BIR website.

14/04/2025

Revenue Memorandum Circular No. 34-2025

Guidelines in the Filing of Annual Income Tax Returns and Payment of Taxes Due Thereon for Calendar Year 2024

Revenue Memorandum Circular No. 34-2025

Guidelines in the Filing of Annual Income Tax Returns and Payment of Taxes Due Thereon for Calendar Year 2024

Full text: https://tinyurl.com/26ucayka
Annex A: https://tinyurl.com/55xfhe55
Annex B: https://tinyurl.com/mv9z5fub
Annex C: https://tinyurl.com/mt4z2yf4

14/04/2025

💡 Did you know?

Mixing personal and business money? It might seem harmless, but it can lead to serious headaches later. Here's why you should draw the line:

1️⃣ Clean, Clear Records – Easier bookkeeping and less confusion come tax time.
2️⃣ Tax Time Confidence – Claim the correct deductions and avoid BIR red flags.
3️⃣ Professionalism & Growth – A dedicated business account builds trust and makes scaling smoother.

🚫 Say goodbye to the shoebox of receipts.
✅ Say hello to organized, audit-proof finances.

📩 Need help setting up your books? We’ve got your back—message us today!

📱 +639852581601
📧 [email protected]
📍 Barcenaga, Naujan, Oriental Mindoro

11/04/2025

📚 Struggling to keep your books in order? We’ll handle the numbers, so you can focus on growing your business.

✅ Accurate, timely, and affordable bookkeeping.

💬 Message us to get started!
📱 +639852581601
📧 [email protected]
📍 Barcenaga, Naujan, Oriental Mindoro

08/04/2025

7 DAYS LEFT!

Pay as you file!

With the deadline fast approaching, the BIR is reminding taxpayers to pay their exact 2024 Annual Income Tax on the day of filing their Return.

Deadline: on or before April 15, 2025.

Don't know how to file your 2024 Annual Income Tax Return (AITR)?

Watch our webinars to learn how.

Webinar on AITR Filing & Payment - Employees Earning Purely Compensation Income & Mixed Income Earners: https://tinyurl.com/EmployeesMixedIncomeEarners

Webinar on AITR Filing & Payment - Self-Employed Individuals & SoleProprietors: https://tinyurl.com/SelfEmployedandProfessionals

Webinar on AITR Filing & Payment - Corporations and Partnerships: https://tinyurl.com/CorporationsandPartnerships

07/04/2025

📜 𝗦𝗘𝗖 𝗥𝗨𝗟𝗘𝗦 𝗢𝗡 𝗠𝗔𝗡𝗗𝗔𝗧𝗢𝗥𝗬 𝗨𝗦𝗘 𝗢𝗙 𝗧𝗛𝗘 𝗭𝗨𝗣𝗘𝗥 𝗘𝗔𝗦𝗬 𝗥𝗘𝗚𝗜𝗦𝗧𝗥𝗔𝗧𝗜𝗢𝗡 𝗢𝗡𝗟𝗜𝗡𝗘 (𝗭𝗘𝗥𝗢) 𝗜𝗡 𝗧𝗛𝗘 𝗥𝗘𝗚𝗜𝗦𝗧𝗥𝗔𝗧𝗜𝗢𝗡 𝗢𝗙 𝗖𝗢𝗥𝗣𝗢𝗥𝗔𝗧𝗜𝗢𝗡 𝗨𝗦𝗜𝗡𝗚 𝗧𝗛𝗘 𝗲𝗦𝗣𝗔𝗥𝗖 𝗔𝗡𝗗 𝗲𝗦𝗣𝗔𝗥𝗖 𝗔𝗦 𝗣𝗢𝗥𝗧𝗔𝗟𝗦

The SEC mandates the use of the SEC ZERO for corporate registration in pursuit of sustainability, digital innovation, and streamlined services.

🔗 Read the Memorandum Circular here: https://bit.ly/SEC-MC03-S2025

07/04/2025

8 DAYS LEFT!

Pay as you file!

With the deadline fast approaching, the BIR is reminding taxpayers to pay their exact 2024 Annual Income Tax on the day of filing their Return.

Deadline: on or before April 15, 2025.

Don't know how to file your 2024 Annual Income Tax Return (AITR)?

Watch our webinars to learn how.

Webinar on AITR Filing & Payment - Employees Earning Purely Compensation Income & Mixed Income Earners: https://tinyurl.com/EmployeesMixedIncomeEarners

Webinar on AITR Filing & Payment - Self-Employed Individuals & SoleProprietors: https://tinyurl.com/SelfEmployedandProfessionals

Webinar on AITR Filing & Payment - Corporations and Partnerships: https://tinyurl.com/CorporationsandPartnerships