Publications
Below is a brief summary of the latest news that may affect your trade. At accountech we are committed to keeping you informed so that you can manage your business taking into account the latest information.
Tax reform enters into force in 2019
With the arrival of the new year 2020 comes the time of filing the tax returns for the 2019 tax year, Although the tax rates decreased you may end up paying more taxes because the Department of the Treasury changed the rules for the alternative minimum tax. It may exclude certain deductions which may increase your tax due. In addition, it set the alternative minimum tax to be paid at $ 500. If you have any doubts, we suggest you speak to your accountant. At accountech, we are in the committed to answering your questions.
PR Dept. OF Treasury postpones the filing dates
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The Department of the Treasury has postponed all filing dates due to the coronavirus pandemic. The central government postponed both the filing dates in the tax area, as well as all government deadlines. To avoid late filing of your returns and related, we suggest that you contact your accountants. Accountech is in the best disposition to clarify any doubts. Just contact us and without obligation we will inform you of any change in date.
Governor Announces Opening Schedule
The PR governor recently announced guidelines on how businesses would reopen including a listing of what type of businesses were allowed to open and when. If you have doubts if your business is one that is allowed to open and when, contact us and we will be happy to advise you.