New bill targets crypto tax break in Puerto Rico
23 de abril de 2025
Rep. Nydia Velázquez seeks to make digital asset income federally taxable for mainland investors on the island. #NewsismyBusiness
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Puerto Rico Treasury opens tax return centers for salaried, retired workers
marzo 7, 2025
The centers provide free tax preparation services and assist with Child Tax Credit applications. #NewsismyBusiness
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Scholarships available for Puerto Rico’s volunteer tax preparers
19 de febrero de 2025
Eligible volunteers can apply for the CoVITA Scholarships online, with application pages available in English and Spanish. #NewsismyBusiness
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IRS provides relief for Puerto Rico residents affected by TS Ernesto
agosto 26, 2024
Taxpayers have until Feb. 3 to file federal tax returns and make payments due to the storm’s impact. #Newsismybusiness
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2023 tax returns now available for electronic filing in Puerto Rico
febrero 13, 2024
The Treasury Department opens the filing period with incentives and support for taxpayers. #NewsismyBusiness
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Puerto Rico Treasury begins to recover $45.6M in ineligible stimulus payments
octubre 20, 2023
Nearly 34,000 taxpayers were notified to return misallocated pandemic aid funds, which need to be returned to the federal government. #NewsismyBusiness
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Recent developments regarding employee retention credit
agosto 30, 2023
[SPONSORED POST] To be eligible for the ERC, an employer must have carried on a trade or business during the applicable periods in 2020 and 2021 and must generally meet certain criteria. #NewsismyBusiness
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IRS launches paperless processing initiative for correspondence in 2024
agosto 3, 2023
The agency plans to achieve paperless processing for all tax returns by the 2025 filing season. #NewsismyBusiness
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IRS extends individual, business tax filing deadlines to February ’23
septiembre 21, 2022
The tax relief is part of a coordinated federal response to the damage caused by Hurricane Fiona and is based on local damage assessments by FEMA, the IRS stated.
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IRS to offer in-person help to taxpayers in Guaynabo on Aug. 27
agosto 23, 2022
The IRS Taxpayer Assistance Center is located at the City View Plaza II Building in Guaynabo.
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IRS to hold special in-person help session in Puerto Rico on June 25
junio 22, 2022
This special Saturday help is available at the City View Plaza II Building, from 8 a.m. to 4:30 p.m.
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IRS scouts for veterans, military spouses for customer service jobs in Puerto Rico
22 de abril de 2022
The in-person hiring event will be held from 9 a.m. to 3 p.m., April 21-22.
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Op-Ed: Key tax incentives for small businesses in Puerto Rico
abril 4, 2022
The pandemic devasted small- and medium-sized businesses across the United States, and those in Puerto Rico were no exception. For instance, the Puerto Rican restaurant industry alone lost $398 million in sales during 2020. Even with lockdowns and restrictions now lifting, many businesses are still feeling the financial ripple effects of closures and diminished revenues, […]
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Puerto Rico Treasury to begin notifying taxpayers eligible for $1,200 stimulus
abril 23, 2020
Some 486,000 Puerto Rico residents will begin receiving e-mail notices from the island’s Treasury Department informing them of their eligibility for the $1,200 federal stimulus check, which will be deposited directly into their bank accounts, agency Secretary Francisco Parés said. The deposits materializes as soon as the U.S. Department of the Treasury approves the local […]
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Op-Ed: People who moved from P.R. in ’17, what about their taxes?
febrero 20, 2018
Moving to another country and starting over is one of the most frightening yet exhilarating adventures ever. Life as you know it will change and we are not just talking about addresses and new neighbors.
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