The Puerto Rico Society of CPAs will mark its 40th anniversary during the upcoming “CPA Week,” May 12-18. As in previous years, the celebration will feature seminars and social activities for the CPAs.
The head of the Puerto Rico Society of CPAs expressed concern Wednesday over the changes the current administration is proposing to the sales and use tax structure, specifically, the elimination of the business-to-business exemption.
The Individual Retirement Account, best known as an IRA, is one of the few options that the Puerto Rico Internal Revenue Code provides as a tax shelter mechanism for tax relief when filing the income ...