ARNOLD VALENCIA SALCEDO ACCOUNTING FIRM

DEADLINE EXTENSION

Nadagdagan po ang mga RDO na sakop ng deadline extension dulot ng Bagyong Carina at Habagat.

July 31, 2024 na rin po ang deadline sa mga sumusnod na RDO.

Ingat po tayong lahat!

NEED ASAP:

Looking for a Junior Accounting Associate (Entry Level) preferably a resident of Angeles City, Pampanga

Graduate of any Accounting-related course, willing to learn and be supervised.

Please email resume to [email protected]

Thanks and God bless!

9 DAYS LEFT!

Avoid the Rush!

With the deadline fast approaching, the BIR is reminding taxpayers to file their 2023 Annual Income Tax Return and pay the Tax Due thereon on or before April 15, 2024.

Don't know how to file your 2023 AITR? Watch our webinars to learn how.

Webinar on AITR Filing & Payment - Employees Earning Purely Compensation Income & Mixed Income Earners: https://bit.ly/EmployeesandMixedIncomeEarners

Webinar on AITR Filing & Payment - Self-Employed Individuals & SoleProprietors: https://bit.ly/SelfEmployedIndividualsandSoleProprietors

Webinar on AITR Filing & Payment - Corporations and Partnerships: To be live streamed on April 11, 2024.

TAX ADVISORY: Please be informed that the updated version of the Alphalist Data Entry and Validation Module (Version 7.2) is now available for use and can be downloaded from the BIR website (https://www.bir.gov.ph).
https://www.bir.gov.ph/images/bir_files/internal_communications_1/Advisory/2024/TAX%20ADVISORY-%20ALPHALIST%20DATA%20ENTRY%20AND%20VALIDATION%20MODULE%20VERSION%207.2.pdf

Kindly note that as per BIR's RMC No. 16-2024, the deadline for the submission of the alphalist for the taxable year 2023 using the new version of the Alphalist Data Entry and Validation Module is extended up to February 28, 2024.
https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/2024%20RMCs/RMC%20No.%2016-2024.pdf

Para po sa filing ng Alphabetical List of Employees/Payees from Whom Taxes Were Withheld, extended po ang deadline nito hanggang February 28, 2024.

Narito po ang buong Revenue Memorandum Circular: https://bit.ly/49a5MGc

Revenue Memorandum Circular No. 120-2023

Announces the availability, use and acceptance of the Digital Taxpayer Identification Number (TIN) ID. For full text, https://bit.ly/3Rvkl10

Congratulations again, Sir Arnold!!! 🙏💙 Your AVSAF fam is so proud of you 😊

AVSAF congratulates its very own Dr. Arnold Valencia Salcedo for receiving the 2023 PICPA National Award as Outstanding CPA in Education conferred today in Sorsogon City.🥂🎉🎊😊 Your AVSAF family is very proud of you, God bless Sir Arnold🙏💙

📰 | 𝐏𝐑𝐄𝐒𝐒 𝐑𝐄𝐋𝐄𝐀𝐒𝐄: Final chance to avail of SEC amnesty program extended to end of 2023

The Securities and Exchange Commission (SEC) is giving non-compliant and suspended or revoked corporations a last chance to avail of lower fines and penalties with the final extension of amnesty applications until the end of 2023.

The Commission on November 3 issued SEC Memorandum Circular No. 20, Series of 2023, which extends the deadline for corporations to file their amnesty application and settle the amnesty fees to December 31.

The amnesty program provides corporations, which have incurred penalties for the late and non-filing of their General Information Sheet (GIS), Annual Financial Statements (AFS), and official contact details, a reduction on penalties for non-compliance with their reportorial requirements, as provided under Republic Act No. 11232, or the Revised Corporation Code (RCC).

Read more at https://tinyurl.com/338v25w4

Effective July 1, 2023, the rate of percentage tax reverts to 3% per Revenue Memorandum Circular (RMC) No. 69-2023.

Read the full text of the RMC here: https://bit.ly/RMC692023

Read the full Media Release here: https://bit.ly/PR53JUL0523

Congratulations to AVSAF's former OJTs, now our colleagues in the profession...🎉🥂 we are so proud of you! God bless! 😊🙏💙

📢 𝐒𝐄𝐂 𝐄𝐗𝐓𝐄𝐍𝐃𝐒 𝐀𝐌𝐍𝐄𝐒𝐓𝐘 𝐔𝐍𝐓𝐈𝐋 𝐒𝐄𝐏𝐓𝐄𝐌𝐁𝐄𝐑 𝟑𝟎; 𝐒𝐈𝐌𝐏𝐋𝐈𝐅𝐈𝐄𝐒 𝐏𝐑𝐎𝐂𝐄𝐃𝐔𝐑𝐄

The SEC has extended anew the deadline for amnesty applications for late and non-filing of annual financial statements (AFS), general information sheets (GIS), and official contact details.

The deadline for all amnesty applications is now set to September 30, as provided under SEC Memorandum Circular No. 9, Series of 2023, issued on June 30.

The SEC is also streamlining amnesty applications by adopting a Unified Amnesty Application Form, a web-based form available on the Electronic Filing and Submission Tool that will allow eligible companies to express their concurrence and/or consent to certain conditions of the amnesty process.

For more information, read SEC MC No. 9 here: bit.ly/secmc92023

For updates on Amnesty, make sure to like and follow the Commission's social media pages!

📢 𝐒𝐄𝐂 𝐄𝐗𝐓𝐄𝐍𝐃𝐒 𝐃𝐄𝐀𝐃𝐋𝐈𝐍𝐄 𝐅𝐎𝐑 𝐀𝐌𝐍𝐄𝐒𝐓𝐘 𝐀𝐏𝐏𝐋𝐈𝐂𝐀𝐓𝐈𝐎𝐍

The Securities and Exchange Commission is extending the deadline for applications for amnesty for late and non-filing of annual reportorial requirements.

Eligible companies now have until 𝐉𝐔𝐍𝐄 𝟑𝟎 to finish their amnesty applications. Moreover, applicants now have 𝟗𝟎 𝐃𝐀𝐘𝐒, instead of 45 days, from the date of payment to submit their latest due financial statements.

After the extended deadline of June 30, an updated scale of fines and penalties for the covered reportorial requirements shall be implemented.

To find out if your company is eligible for amnesty, visit amnesty.sec.gov.ph

Download the forms and requirements at bit.ly/amnestyforms and watch our tutorial videos for a step-by-step guide on the application process: linktr.ee/secphilippines

To know more about the requirements and procedure, read SEC Memorandum Circular No. 2, Series of 2023: https://www.sec.gov.ph/mc-2023/sec-mc-no-02-series-of-2023/ .tab=0

To know more about the extension of the deadline, read SEC Memorandum Circular No. 6, Series of 2023: https://www.sec.gov.ph/mc-2023/sec-mc-no-06-series-of-2023/ .tab=0

Advisory on the Submission of Attachments to 2022 AITR filed through eBIRForms due on May 2, 2023.

FILE AND PAY YOUR 2022 AITR ANYWHERE

Per Revenue Memorandum Circular (RMC) No. 32-2023, taxpayers may file their 2022 Income Tax Return (ITR) and pay the taxes due thereon to any Authorized Agent Bank (AAB) or BIR Revenue Collection Officer nearest them without the imposition of penalties for wrong venue filing.

Click here to read the full RMC: https://bit.ly/FilePayAnywhere2023

RMO No. 43-2022
Prescribes the policies, guidelines and procedures in the issuance and use of Notice to Issue Receipt/lnvoice (NIRI) pursuant to Revenue Regulations No. 10-2019

References:
RMO No. 43-2022: https://bit.ly/RMO43-2022
RR No. 10-2019: https://bit.ly/RR10-2019

Download Form S1905 here:https://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/2022%20RMCs/RMC%20No.%20122-2022%20S1905-RUS.pdf