In addition to tax returns preparation,
we provide tax planning to our clients
and assist them in structuring all business
and financial transactions. The objective is
to obtain the highest tax savings available,
and reduce the tax burden, within the provisions
of the different tax regulations.
We provide tax services to individuals and companies
subject to the Puerto Rico and U.S. Internal Revenue Codes.
Our tax expertise covers areas such as income tax,
property tax, municipal license tax, payroll taxes,
gifts and inheritance, among others.
Our services in the tax field include, among others:
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Personal, Business,
and Corporate Tax Planning |
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Individual, Business and Corporate Tax Consultations |
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Tax Planning for Business Acquisition |
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Tax Planning for
Disposition of Business Interests |
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Tax Planning for Succession
and Wills |
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Tax Planning for Divorce
and Separation |
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Tax Planning for Bankruptcy |
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Tax Planning of Personal Business Incorporation |
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Corporate Election of Special Partnerships |
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Regular Corporation Election of Corporation of Individuals |
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Conversion of Special Partnership under the Civil Code into a Corporate Entity |
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Corporate Reorganization and Liquidation |
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Obtaining Administrative Rulings, Closing Agreements and Offer and Compromise from the Puerto Rico Treasury Department, U.S. Internal Revenue Service and CRIM |
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Application for Industrial, Professional Services, Export, Hotel and Tourism Development, Hospital Facilities, and Maritime Freight Transportation Tax Incentive Grants |
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Representation in tax examinations before the Puerto Rico Treasury Department, U.S. Internal Revenue Service and CRIM |
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Corporate, Family and Business Financial Planning |
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Estate Planning |
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Valuation of Inheritance and Marital Corpuses |
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Estate Tax Planning for Residents of Puerto Rico with Investments or Properties within the United States (U.S. inheritance tax rate 18-55%) |
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Implementation of Qualified and Non-Qualified Retirement and Pension Plans - Keoghs and Non-Keoghs |
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Retirement and Pension Plans Integrated with Social Security |
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Redesigning Defined Benefit Pension Plans to Cash Balance Account |
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Executive Arrangements of Deferred Compensation Plans |
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Educational Trusts |
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Rabbi and Secular Trusts |
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Moving to Puerto Rico? |
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Our Firm provides clients assistance with the following frequently asked questions related to Taxation of Expatriates, Nonresident U.S. Citizens and Nonresident Aliens: |
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Were you transferred to Puerto Rico? |
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Are you establishing residency in Puerto Rico? |
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Do you know the U.S. and Puerto Rico tax consequences of moving to Puerto Rico? |
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Do you know how you will be taxed in the year of your move, the following year and years thereafter? |
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When do you become a Puerto Rico resident? |
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Are you going to be a permanent non-resident of Puerto Rico for tax purposes? |
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Are you losing your U.S. tax residency by moving to Puerto Rico? |
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Where would be your tax home? |
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Are you subject to double taxation? |
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How can you get out of the double taxation? |
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Do you know what constitutes Puerto Rico and U.S. source income? |
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What constitutes exclusion of U.S. source income? |
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What constitutes exclusion of Puerto Rico source income? |
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Where is your income sourced? |
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Does your company have a Tax Equalization Formula? |
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Are you entitled to a "foreign tax credit"? |
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Are you entitled to a foreign tax carry forward or carry back when you return to your country? |
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Preparation of tax returns |
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We go beyond the mechanical process of preparing a tax return. |
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