More fires in ’11, but fewer losses for P.R.
April 23, 2012
More fires were reported in Puerto Rico last year than in 2010 but they spelled out lower financial losses, according to Puerto Rico Fire Department statistics.
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Taxpayers have choice of filing under new code, or as per 1994 provisions
April 10, 2012
On January 31, 2011, Puerto Rico enacted a new Internal Revenue Code (the “2011 Code”), which reformed the island's tax system, containing significant changes for individual and corporate taxpayers.
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It’s better to give than to receive: The new rules for charitable contribution write-offs
March 21, 2012
As you are preparing your 2011 Puerto Rico tax forms, you are probably wondering which deductions are still allowed and which were eliminated. Well, if you are used to making charitable donations, you’re in luck!
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