The Puerto Rico Treasury Department released net revenue collections for January, which totaled $717.9 million. In a statement, Treasury Secretary Raúl Maldonado said when compared to January 2018, the current total shows a net increase of $133.3 million. “January 2019 revenues were $188.3 million above the June 29, 2018 Certified Fiscal Plan projections and $23.5 […]
The government sent out another $39.4 million to 1,294 employers who requested Employee Retention Tax Credit program after the impact of Hurricanes Irma and María last year. Gov. Ricardo Rosselló said the new allocation pushes the total amount paid out to $414.4 million from June 2018 to 16,676 employers who retained 415,921 employees after the […]
The Puerto Rico Treasury Department has granted a moratorium on payment plans to U.S. government employees affected by the partial shutdown that is now the longest in history. Treasury Secretary Teresita Fuentes said as a result of the partial shutdown in effect since Dec. 22, 2018, employees that have gone without pay are being given […]
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