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As the calendar turns over to a new year, taxes may be the last thing on your mind. But part of your annual financial review should always include a look at upcoming tax deadlines so you can avoid ...
Taxation in Puerto Rico consists of taxes paid to the United States federal government and taxes paid to the Government of the Commonwealth of Puerto Rico.Payment of taxes to the federal government, both personal and corporate, is done through the federal Internal Revenue Service (IRS), while payment of taxes to the Commonwealth government is done through the Puerto Rico Department of Treasury ...
Another big change this year is tax breaks for electric cars. “What's changed this year is literally right at the dealership. You can get the tax credit federally of up to $7,500 for a new car.
The IRS adds an additional Medicare tax of 0.90% for incomes over $200,000 ($250,000 for joint filers), bringing that total tax to 3.8%, of which employees owe 1.9%. There is also a cap on wages ...
March 10 – 2024 Puerto Rico Republican presidential primary [2] April 3 – The United States Army Corps of Engineers begins dredging the San Juan Bay to open space for a new natural gas terminal that is expected to add $400 million to the local economy. [3] 5 May – Rains occur in Puerto Rico, where planes are landed in San Juan to reroute ...
The Puerto Rico Department of Treasury (Spanish: Departamento de Hacienda de Puerto Rico) is the executive department of the government of Puerto Rico responsible for the treasury of the U.S. Commonwealth of Puerto Rico. It is one of the constitutionally-created executive departments and is headed by a Secretary. [1]