The Treasury Department has embraced the use of transfer pricing rules to assess the reasonability of those intercompany charges. #NewsismyBusiness
The centers provide free tax preparation services and assist with Child Tax Credit applications. #NewsismyBusiness
Eligible taxpayers with dependents can claim up to $1,700 per child in tax credits at the university’s Mayagüez campus. #NewsismyBusiness
The Treasury Department opens the filing period with incentives and support for taxpayers. #NewsismyBusiness
The new proposal represents an agreement between the government, the legislature and the Financial Oversight and Management Board for Puerto Rico. #NewsismyBusiness
The Puerto Rico Treasury Department confirmed that the new filing date for individual and corporate returns corresponding to the 2020 tax year will be extended to May 17, 2021, from April 15, 2021. In an Administrative Determination released Tuesday, the agency confirmed that it is juggling several events in the midst of COVID-19. “Our staff […]
This is the time of the year in which individuals receive financial information to prepare their individual income tax return. Understanding what changes were enacted through new legislation, and how each affects each particular situation, is not an easy task. Therefore, be aware of relevant changes applicable to tax years beginning after Dec. 31, 2018, […]
The University of Puerto Rico in Aguadilla announced Tuesday it will be offering free help to low and middle-class residents to fill their federal income tax return, Saturdays from 9 a.m. to 1 p.m. at the campus library through April 11.
The Puerto Rico Treasury Department announced Sunday it will be offering extended hours at its nine tax orientation and preparation centers and 18 collections centers islandwide on Monday and Tuesday, thus wrapping up this year’s tax season.
The Puerto Rico Treasury Department will start mailing out today more than 990,000 single, unified tax form that will standardize the reporting process corresponding to the 2013 taxable year.
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