19 Years of Excellence

For 19 years we have been led by competent and dedicated leaders who continue to drive our company forward. Their experience and commitment keep everything strong and steady. We also believe that our people are our greatest strength. We value…

Oplan Kandado 2026

Oplan Kandado 2026 covered 419 cases with an estimated ₱742.1 million in potential VAT exposure, resulting in 132 business closures nationwide. The initiative reinforces a compliance-first approach, where taxpayers are given assistance and opportunities to settle deficiencies before enforcement is…

BIR Abolishes VAT Audit Units

The Bureau of Internal Revenue has abolished its specialized value-added tax (VAT) audit units as part of a major restructuring under Revenue Administrative Order No. 4-2026. The reform aims to streamline audit operations, reduce overlapping enforcement functions, and strengthen transparency…

BIR Launches Tax Abatement

The Bureau of Internal Revenue has launched a one-time tax abatement program under Revenue Regulations No. 4-2026, allowing qualified micro taxpayers to settle delinquent accounts, tax assessments, and stop-filer cases while updating their tax records. The program covers taxpayers with…

New Roles, Greater Possibilities

Congratulations to Mrs. Princese Mae Albuero on stepping up as Supervisor and to Ms. Joan Ibanez on being promoted as Senior Associate. You’ve put in the effort, and now it’s time to enjoy the next level of success! Keep growing,…

SEC Suspends Monthly Filing Penalties

The Securities and Exchange Commission (SEC) has announced that it is suspending the monthly penalties for late or non-filing of Annual Financial Statements (AFS) and General Information Sheets (GIS) until December 31, 2026, under SEC Memorandum Circular No. 6, Series…

New Car, New Journey

A big congratulations to Jham Daylusan, CPA, our Assistant Audit and Tax Manager, on receiving a brand-new car from FMAS! Today, we celebrate not just a new vehicle, but a meaningful token of appreciation for everything she brings to the…

Revenue Memorandum Circular No. 47-2026

The Bureau of Internal Revenue (BIR) has released new “Ease of Closing Business” guidelines under RMC No. 47-2026 to simplify the process of closing businesses and cancelling tax registration. Taxpayers who have already stopped operations may now apply manually or…

BIR Extends eAFS Deadline

The Bureau of Internal Revenue has extended the deadline for the submission of 2025 Audited Financial Statements (AFS) and other required attachments through the eAFS facility until May 25, 2026, following system-related technical issues encountered during the Annual Income Tax…

₱262M Tax Evasion Case Filed

The Bureau of Internal Revenue (BIR) has filed a criminal complaint before the Department of Justice against Lobelle Commodities Corporation and its officers over alleged misuse of VAT exemption on palm olein oil importations in 2020, resulting in over ₱262…