Month: June 2020

How effective tax planning reduces quarterly tax payments

Effective tax planning can significantly reduce the “triple-whammy” of tax payments all simultaneously due on July 15:  for 2019 taxes, 2020 first quarter estimated taxes, and 2020 second quarter estimated taxes.  By reducing those payments, business owners can preserve cash that may be vital for their ongoing business operations.  TLS has been doing this for thousands of business owner clients for 15 years.

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Puerto Rican Sourced Income provides tax savings for entrepreneurs

Our tax attorneys and business strategists design tax plans that allow your business to benefit from Puerto Rico’s 4% corporate tax rate. Contact us today to learn more.

https://news.bloombergtax.com/daily-tax-report/insight-puerto-rico-source-income-as-an-opportunity-to-generate-tax-efficiencies

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