Eligible taxpayers with dependents can claim up to $1,700 per child in tax credits at the university’s Mayagüez campus. #NewsismyBusiness
Taxpayers have until Feb. 3 to file federal tax returns and make payments due to the storm’s impact. #Newsismybusiness
The filing centers offer guidance on tax returns and credits to salaried employees and retirees. #NewsismyBusiness
The Treasury Department opens the filing period with incentives and support for taxpayers. #NewsismyBusiness
Bankruptcy cases filed in Puerto Rico for the month of June were down 9 percent when compared to the same month last year, a preliminary tally from Boletín de Puerto Rico released Tuesday showed.
Puerto Rico’s bankruptcy filings jumped by 10 percent year-over-year in March, when 1,007 cases were filed. The bulk of the cases belonged to the Chapter 13 category, which allow individuals to reorganize their finances.
Problems with internal reviews of data related to its allowance for loan and lease losses and the related provision for loan and lease losses will prevent Doral Financial Corp. to file its 2013 annual report in a timely manner with the Securities and Exchange Commission, the bank told the regulator Tuesday.
The Puerto Rico bankruptcy court saw a slight 2 percent drop in activity in October, when 1,020 cases were filed. During the first 10 months of the year, filings dropped by 4 percent to 9,165 cases, according to research firm Boletín de Puerto Rico, which collects and analyzes court data.
Puerto Rico Treasury Department officials confirmed Wednesday that the agency is still reviewing 7 percent of all tax returns claiming a refund.
Thousands of last-minute taxpayers are expected to file their returns in Puerto Rico today, and the Treasury Department is responding by offering extended hours at 21 collections centers, and its headquarters in Puerta de Tierra, agency Secretary Melba Acosta said Monday.
The Puerto Rico Treasury Department announced Wednesday it has begun the task of distributing 2012 tax booklets, putting close to 80,000 of the short forms in the mail in anticipation of this year’s April 15th filing deadline.
The 840 bankruptcy cases filed in Puerto Rico in September were 17 percent lower than the same month last year, while the total number of petitions to the U.S. Bankruptcy Court submitted during the first nine months of this year were also down by 9 percent vs. the same year-ago period, a local research firm revealed Monday.
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