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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QUOTE OF THE WEEK:
“In today’s environment of heightened uncertainty, consumers are encouraged to prioritize financial prudence, disciplined expense control and effective budgeting to mitigate further stress on their finances.
A ‘wait-and-see’ approach may serve the Fed, but not consumers.”
— Leslie Adames, director of analysis and economic policy, Estudios Técnicos
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