What we do
Full-service assurance, tax, and advisory.
From statutory audit to strategic advisory, our engagements are built on rigor, ethics, and a genuine understanding of your business.
Audit & Assurance
- Financial statements audit
- Internal audit
- Review of historical financial statements
- Review of prospective financial statements
Tax Services
- Tax assessment
- Tax compliance health check
- Tax due diligence
- Tax opinions and rulings
- Tax planning and structuring
- Estate and donor’s tax compliance
Accounting Services
- Bookkeeping
- Compilation of financial statements
- Account reconciliations
- Internal accounting
Advisory & Business Consultancy
- Business policy making
- Financial due diligence
- Risk management
- Strategic management
Corporate Services
- Business registration
- Corporate structuring
- Corporate secretarial
- Payroll processing and compliance
Other Services
- Agreed-upon procedures
- Company profiling & loan application assistance
- Estate planning · Retirement planning and funding
- Contract review · Collection services
- Real estate services and other allied services
Who we serve
Industries we serve.
The reporting framework, the controls, and the regulator differ by sector. Our engagements cover twelve.
Beyond Tacloban City
Engagements run from wherever you are.
Clients elsewhere in Eastern Visayas, in Metro Manila and in other regions work with us without travelling to our office.
Documents turned over online
Records, schedules and supporting documents are exchanged through shared online folders, and reports are delivered the same way.
Meetings by video call
Planning, status and closing meetings are held by video call. Visits are scheduled where the work requires them, such as an inventory count.
Electronic filing
Returns and reports are filed through the online systems of the BIR, the SEC and the other agencies that accept them.
Our Partners
Led by credentialed professionals.
Four partners with national distinctions, international practice, and deep roots in the academe.
Placed 2nd in the May 2018 CPA licensure examination. Trained in assurance and taxation at one of the largest professional services firms in the world before returning to Region VIII, and has since audited MSMEs through to large corporations. Assists taxpayers through BIR audits and assessments. Teaches audit, assurance, and taxation, and authored a CPA reviewer book on auditing.
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Audit and Professional Practice Director at one of the world’s Top 4 professional services firms, serving in its London, New York, and Philippine offices. Sat three consecutive terms on the Audit and Assurance Standards Council, served as National President of PICPA for FY 22-23, and sits on the council of the ASEAN Federation of Accountants. Led Saint Paul School of Professional Studies as President for more than a decade.
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Placed 1st in the May 2018 CPA licensure examination and 10th in the December 2023 Bar. Practice centres on tax compliance and health checks, assistance with tax audits, corporate structuring, and tariff and customs compliance. Began his career as a risk and compliance officer, internal auditor, and data privacy officer. Lectures on taxation and commercial law and reviews for the CPA board examinations.
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More than half a decade in the public practice of accountancy, auditing MSMEs and large corporations across retail and trade, educational institutions, non-profits, importation, and services. Began as an audit associate at a Manila firm. Works in full-cycle accounting and financial reporting with variance and ratio analysis. School accountant and part-time lecturer at SPSPS, and treasurer of PICPA–Tacloban Chapter.
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What falls due this month.
The next filing and payment deadlines we are tracking. Open the calendar for the full year.
Get in touch
Let’s talk about your business.
Tell us what you need — audit, tax, bookkeeping, or advisory — and our team will get back to you.
2nd Floor, Rubber Tree Building, Brgy. 77, 611 BLISS – Fatima Diversion Road, Tacloban City, Philippines 6500
Suite 302, F. Mendoza Complex, Sto. Niño St., Brgy. 28, Tacloban City 6500
0995 398 9482
info@aaccocpas.com
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Services
Tax Services in Tacloban City
End-to-end tax support — from day-to-day compliance to BIR assessments and long-term structuring — so you stay compliant, efficient, and at peace during and after tax season.
What the service covers
- Tax assessment. Assistance through a BIR audit, from the first notice to the resolution of the assessment.
- Tax compliance health check. A review of returns filed against the books, covering income tax, VAT or percentage tax, withholding taxes, registration and invoicing, to identify exposures before the BIR does.
- Tax due diligence. An examination of the tax position of a business being bought, sold or invested in.
- Tax opinions and rulings. Written analysis of the tax treatment of a transaction, and assistance with requests for a BIR ruling.
- Tax planning and structuring. The tax consequences of the choice of entity, ownership structure, incentives and significant transactions, considered before they are entered into.
- Estate and donor’s tax compliance. Returns, supporting documents and the processing that leads to the transfer of title.
BIR audit and assessment assistance in Leyte and Eastern Visayas
We assist taxpayers under audit by the revenue district offices of Revenue Region No. 14, Eastern Visayas, including Tacloban City and the rest of Leyte and Samar. An audit begins with a Letter of Authority and may proceed to a notice of the BIR’s findings, a Preliminary Assessment Notice, and a Final Assessment Notice with a Formal Letter of Demand.
The deadlines are short and fixed by law. Under Section 228 of the Tax Code, an assessment may be protested within thirty days from receipt. The supporting documents must be submitted within sixty days from the filing of the protest, otherwise the assessment becomes final. If the protest is denied, or is not acted on within 180 days from the submission of documents, the taxpayer may appeal to the Court of Tax Appeals within thirty days.
The BIR’s current audit procedures are summarised in our advisory on RMO No. 22-2026.
How we handle a BIR audit
- Read the notice. We establish the taxable period, the taxes covered, the date of receipt and the deadline that follows from it.
- Reconcile. Returns are reconciled with the books, the financial statements, and the third-party information the BIR holds, such as alphalists and summary lists of sales and purchases.
- Reply. We prepare the written reply or protest, with the schedules and documents that support each item.
- Represent. We attend the conferences with the revenue officers as your authorized representative.
- Close. The case ends with the settlement of any deficiency found to be due, or it is elevated. Appeals to the Court of Tax Appeals are handled with legal counsel.
The law we work from
The National Internal Revenue Code of 1997, as amended by the TRAIN Law, the CREATE Act, the Ease of Paying Taxes Act, the VAT on Digital Services Act, CREATE MORE and the CMEPA, together with the revenue regulations and circulars that implement them. The firm maintains a consolidated text of the Code as the AAC Tax Code, and publishes new issuances under News & Announcements.
Who needs it
- Taxpayers who have received a Letter of Authority or an assessment notice.
- Businesses that want their compliance checked before an audit, a sale or a loan application.
- Heirs settling an estate, and donors transferring property.
- Buyers and investors assessing the tax exposure of a target business.
- New businesses choosing a structure and a tax registration.
Frequently asked questions
We received a Letter of Authority. What should we do first?
Record the date you received it, and note the taxable period and the taxes it covers. Gather the books and records it asks for. The periods for replying start to run from receipt, so the notice should be looked at immediately.
How far back can the BIR assess?
Generally within three years after the last day prescribed by law for filing the return, under Section 203. Where the return is false or fraudulent, or no return was filed, the period is ten years from discovery under Section 222.
How long must books and records be kept?
Five years, counted from the day after the deadline for filing the return for the year concerned, under Section 235.
When are estate and donor’s tax returns due?
The estate tax return is filed within one year from the decedent’s death (Section 90). The donor’s tax return is filed within thirty days after the gift is made (Section 103).
Do you also prepare the regular monthly, quarterly and annual returns?
Yes. The filing dates for the year are in the AAC Tax Calendar.