EARNED INCOME CREDIT
Law 257 of December 10, 2018 (Law 257-2018) established a new Earned Income Credit (EIC) for individuals that have lived in Puerto Rico for the
Law 257 of December 10, 2018 (Law 257-2018) established a new Earned Income Credit (EIC) for individuals that have lived in Puerto Rico for the
Through Executive Order of May 6, 2021, the Governor of Puerto Rico ordered the Disbursement Oversight Committee to authorize and supervise the procedure for
IMPORTANT NOTE: The information that follows is only a summary of the notice sent by the IRS. We encourage you to contact TCG so
Exemption of Payment of SUT on Prepared Foods Due to the Recent Seismic Activity in Puerto Rico Due to the state of emergency caused
Law 148 of June 30, 1969, as amended, and known as the Private Company Christmas Bonus Law states that all employers are obliged to
In this issue: As a supplement to the tax incentives provided by Acts 20 and 22, some municipalities of Puerto Rico have added benefits
Compensation for accidents incidental to or as a consequence of employment Workmen’s Compensation Insurance provides compensation for accidents incidental to or as a consequence of
Torres CPA Group is ready to provide valuable assistance in a timely, professional manner. Clients rely on us for a wide variety of financial services carried out by experts who are specialists in their fields. Our industry knowledge and dedication to customer service have allowed to us to grow along with our clients.