Our CPA firm offers a wide range of accounting services to help businesses manage their financials effectively. From bookkeeping to tax planning and financial analysis, our team of experts is here to support your business's success.
We offer a wide range of services to meet your tax filing needs
Tax compliance is a key objective for any successful organization. The tax services and solutions that we can offer encompass a broad range of business functions. From tax compliance to future planning and corporate concerns, our tax advisors have the skills to ensure that you receive the robust and relevant support you need to move forward. Some of the areas in which we can support your tax advisory needs include:
Act 60-2019 - Tax Compliance
Act 60-2019 Annual Compliance Report
Compliance to Individual taxpayer
Corporate Taxes
Annual tax reports and filings
Sales and use and import tax
Municipal sales tax
Withholding deposits and quarterly filings on payments for services rendered
Business volume tax, personal property tax, and business license and permits
Estimate tax payments for applicable taxes throughout the year and file any extensions, if necessary
An audit is an official third-party examination of a company’s financial records and verification of accounts and records, and reporting activities especially of financial accounts An audit service in Puerto Rico may be conducted for disclosure, compliance, taxation, legal or other purposes. The examiner will check for accuracy and full representation of financial activities and claims. For many businesses a financial audit is a legal requirement. Every person engaged in a trade or business in Puerto Rico whose volume of business exceeds $3,000,000 must file financial statements, certified by a certified public accountant (CPA) licensed in Puerto Rico, along with their income tax, property tax, and volume of business returns. All foreign corporations must also file a balance sheet of their Puerto Rico operations, certified by a CPA licensed in Puerto Rico, together with the Annual Corporation Report.
Taxpayers with a gross business volume equal to or greater than $3,000,000, but less than $10,000,000, may instead submit a Compliance Attestation or Agreed Upon Procedure (AUP), prepared by a CPA licensed in Puerto Rico in accordance with Circular Letter 20-39, and file together with their Puerto Rico income tax return.
Contact us today to learn how we can help you with your tax and accounting needs.
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