Atty. Mark Jason Veloso, CPA, REB

03/06/2026

TAX-FREE EXCHANGE OF PROPERTY: A SMART AND LEGAL WAY TO RESTRUCTURE YOUR ASSETS

As a CPA-Lawyer and Licensed Real Estate Broker (REB), I assist individuals, families, investors, and business owners in legally transferring properties to corporations through a Tax-Free Exchange under the Philippine Tax Code.

Many property owners are unaware that certain transfers of land, buildings, and other assets to a corporation may qualify for tax-free treatment, allowing them to reorganize their assets without immediately incurring income tax, capital gains tax, or donor's tax, subject to compliance with legal requirements.

✅ Asset Protection and Estate Planning
✅ Business Expansion and Corporate Structuring
✅ Consolidation of Family-Owned Properties
✅ Investment and Wealth Management Strategies
✅ Corporate Reorganization and Succession Planning
✅ Legal and Tax Compliance

Our services include:
• Tax-Free Exchange Evaluation and Feasibility Study
• Legal Documentation and Contract Preparation
• SEC and Corporate Compliance Requirements
• BIR Application and Regulatory Compliance
• Property Transfer Documentation and Due Diligence
• End-to-End Processing and Professional Representation

A properly structured Tax-Free Exchange can provide significant tax efficiency while ensuring full compliance with existing laws and regulations. However, every transaction must be carefully evaluated to determine eligibility and avoid future tax exposure.

If you own real properties, business assets, or are planning to transfer assets into a corporation, let us help you structure the transaction legally, efficiently, and strategically.

Atty. Mark Jason P. Veloso, CPA, REB
CPA-Lawyer | Tax Consultant | Real Estate Broker
Tax • Legal • Corporate • Real Estate Advisory

"The right structure today can protect your assets and create opportunities for future growth."

09/04/2026

6 DAYS LEFT!

Pay as you file!

With the deadline fast approaching, the BIR is reminding taxpayers to pay their exact 2025 Annual Income Tax on the day of filing their Return.

Deadline: on or before April 15, 2026.

08/02/2026

WHAT ARE AUDITED FINANCIAL STATEMENTS (AFS)

Audited Financial Statements (AFS) are more than just numbers on paper. They are official, legally recognized financial reports that present a company’s financial position, performance, and cash flows, examined and verified by an independent professional in accordance with Philippine Standards on Auditing (PSAs) and Philippine Financial Reporting Standards (PFRS).
An AFS is commonly required for:
SEC submissions
BIR filings and tax clearances
Bank loans and credit facilities
Investors, joint ventures, and due diligence
Business valuations, mergers, and acquisitions

Under Philippine law, an Audited Financial Statement is only valid and legally binding if it is signed by:
✔️ A Certified Public Accountant (CPA)
✔️ Who is duly registered and in good standing
✔️ And accredited by the Board of Accountancy (BOA)
Without BOA accreditation, the audit report has no legal effect, regardless of experience or intent.

A CPA–Lawyer brings a distinct advantage:
Ensures compliance not only with accounting and auditing standards, but also with tax laws, corporate laws, and regulatory requirements
Anticipates legal risks arising from misstatements, disclosures, or non-compliance
Strengthens your AFS against BIR assessments, SEC scrutiny, and legal challenges
Provides credibility that banks, investors, and regulators recognize immediately
In short:
📌 A CPA ensures technical accuracy
📌 A BOA-accredited CPA ensures legal validity
📌 A CPA–Lawyer ensures legal protection and strategic compliance

Your AFS is not just a report — it is a legal document.

Make sure it is prepared, audited, and signed by professionals who are qualified, accredited, and accountable under the law.

If your business requires AFS that is defensible, compliant, and respected by regulators, choose the right professional from the start.

Accuracy is compliance. Compliance is protection. Protection is good business.

21/01/2026

BIR Launches the First-Ever Interactive Digital Tax Calendar for 2026
The Bureau of Internal Revenue (BIR) has taken a significant step toward tax digitalization with the launch of its first-ever Interactive Digital Tax Calendar for 2026, through Revenue Memorandum Circular No. 110-2025.
This online tool is designed to help taxpayers, businesses, and tax practitioners efficiently monitor filing and payment deadlines, reducing compliance risks and missed obligations. Accessible via the BIR website, the digital tax calendar offers a clear, user-friendly interface with clickable dates, real-time tax reminders, and direct access to essential BIR resources.

Key Features at a Glance:
Full-year view of all tax deadlines
Daily tax reminders with clickable dates
Quick links to BIR Forms, Authorized Agent Banks, and BIR offices
Step-by-step navigation guide for ease of use
According to BIR Commissioner Charlito Martin R. Mendoza, this initiative forms part of the Bureau’s commitment to modernize tax administration and provide taxpayers with practical tools to support timely and accurate compliance.

Our Professional Take:
While digital tools are valuable, proper interpretation, planning, and timely ex*****on remain critical. The tax calendar should be used as a guide—not a substitute for professional tax and legal advice. Compliance errors, missed deadlines, or incorrect filings can still result in penalties.

As a CPA–Lawyer practice, we assist clients in translating deadlines into sound compliance strategies, ensuring filings are accurate, defensible, and aligned with current regulations.

📌 Access the 2026 Interactive Digital Tax Calendar here:
https://tinyurl.com/2026BIRDigitalTaxCalendar

For structured tax compliance, risk management, and professional representation—work with experts you can rely on.

𝗕𝗜𝗥 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝘀 𝗳𝗶𝗿𝘀𝘁-𝗲𝘃𝗲𝗿 𝗜𝗻𝘁𝗲𝗿𝗮𝗰𝘁𝗶𝘃𝗲 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗧𝗮𝘅 𝗖𝗮𝗹𝗲𝗻𝗱𝗮𝗿 𝗳𝗼𝗿 𝟮𝟬𝟮𝟲

The Bureau of Internal Revenue (BIR) has officially launched its first-ever interactive digital Tax Calendar for 2026 with the issuance of Revenue Memorandum Circular No. 110-2025.

Said digital tax calendar, which is accessible online through the BIR website (www.bir.gov.ph), is an innovative tool designed to help taxpayers and tax practitioners to easily track, manage, and comply with the Bureau's tax return filing and tax payment deadlines.

To enhance the user experience, the digital tax calendar combines functionality with visual clarity through its user-friendly interface featuring clickable dates showing tax reminders for the day, and quick links to BIR Forms, BIR Directory, List of Authorized Agent Banks and BIR social media accounts.

𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗼𝗻 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄
🏠 𝗛𝗼𝗺𝗲 – shows full-year view of all twelve months
📅 𝗧𝗮𝘅 𝗗𝗲𝗮𝗱𝗹𝗶𝗻𝗲𝘀 – contains daily tax reminders
🔗 𝗟𝗶𝗻𝗸𝘀 – quick links to BIR forms, BIR Directory, List of Authorized Agent Banks per Revenue District Office and BIR official social media accounts
📄 𝗙𝗼𝗿𝗺𝘀 – List of BIR Forms (in PDF format) specifying the frequency and deadline for filing of each form
🧭 𝗚𝘂𝗶𝗱𝗲 – instructions on how to navigate the tax calendar️
☎️ 𝗖𝗼𝗻𝘁𝗮𝗰𝘁𝘀 – shows the BIR National Office contact details

"The development of the interactive digital tax calendar is part of the BIR's digitalization efforts to provide taxpayers and other concerned stakeholders with easy access to the daily tax reminders and quick links to the BIR Forms that they need to file. We encourage all taxpayers to access the interactive digital Tax Calendar and use it as their Guide to Tax Compliance", said Commissioner Charlito Martin R. Mendoza.

Taxpayers may access the 2026 Interactive Digital Tax Calendar at https://tinyurl.com/2026BIRDigitalTaxCalendar

06/01/2026

We are pleased to announce the opening of my new law office

ATTY. MARK JASON VELOSO, CPA, REB
Legal • Tax • Accounting • Real Estate

📍 Office Address:
Avenir Condominiums, Lahug, Cebu City

As we are currently in a busy season due to ITR filings and compliance requirements, we respectfully require clients to schedule an appointment in advance. This allows us to properly prepare, give focused attention to each concern, and ensure quality and efficient service.

We cater to individuals, professionals, and businesses seeking reliable and integrated solutions in:
• Legal consultation
• Tax compliance and ITR filing
• Accounting and financial advisory
• Real estate matters

📧 Email: [email protected]
We look forward to assisting you with professionalism, accuracy, and integrity.

Book your appointment today and let us help you stay compliant and confident this tax season.

God bless, 2026 🌟

16/12/2025

Thanksgiving 2025 🤍

With grateful hearts, we give thanks for the blessings, challenges, and victories that shaped this year. Thank you to everyone who trusted, supported, and believed in us—your encouragement and confidence mean more than words can express.

As we reflect on 2025, we are reminded that every achievement is made possible through faith, hard work, and the people who walk this journey with us. We are truly thankful for your continued partnership and support.

To God be all the glory. 🙏
Happy Thanksgiving 2025

Muntuerto Almendras Veloso and Company PV Accounting & Auditing Services and Namit Gid88. M&M Marketplace

18/11/2025

URGENT HIRING: AUDIT ASSOCIATES – CEBU CITY

MAVCO (Muntuerto Almendras Veloso & Company, CPAs) is urgently hiring Audit Associates.

Open to BS Accountancy, Management Accounting, and Accounting Tech graduates — CPA or non-CPA, with or without experience. Fresh graduates are welcome and must be willing to start ASAP.

Perks include: competitive salary, meal allowance, free audit-season accommodation, bonuses, transportation, mentorship, Long December Holiday Break and strong career growth opportunities.

Apply now: Send your resume to [email protected].
Grow your career with MAVCO!

URGENT HIRING: AUDIT ASSOCIATES – CEBU CITY

MAVCO (Muntuerto Almendras Veloso & Company, CPAs) is urgently hiring Audit Associates.

Open to BS Accountancy graduates — CPA or non-CPA, with or without experience. Fresh graduates are welcome and must be willing to start ASAP.

Perks include: competitive salary, meal allowance, free audit-season accommodation, bonuses, transportation, mentorship, Long December Holiday Break and strong career growth opportunities.

Apply now: Send your resume to [email protected].
Grow your career with MAVCO!

14/10/2025

BIR Tax Deadline

October 14, 2025 Tuesday

e-FILING
BIR Forms 1601-C (Monthly Remittance Return of Income Taxes Withheld on Compensation) and/or 0619-E (Monthly Remittance Form of Creditable Income Taxes Withheld-Expanded) and/or 0619-F (Monthly Remittance Form of Final Income Taxes Withheld) – eFPS Filers under Group B. Month of September 2025