As you are preparing your 2011 Puerto Rico tax forms, you are probably wondering which deductions are still allowed and which were eliminated. Well, if you are used to making charitable donations, you’re in luck!
Women-owned businesses are one of the fastest growing sectors of our economy and are growing at twice the rate than any other group in the nation.
A deduction on the tax return is allowed for an unforeseen loss of the principal residence of a taxpayer incurred during the taxable year.