The Financial Oversight and Management Board for Puerto Ricoissued Tuesday a request for proposals for qualified and experienced certified public accounting firms interested in providing audit services for the federally appointed body in the future.
Generally, those responsible for withholding are called “withholding agents.” This means any person that is bound to deduct and withhold any tax on income payments pursuant to the provision of the Puerto Rico Internal Revenue Code.
Tax season is just around the corner and the computation of income taxes becomes the main topic during this period.