A lot of people are talking about moving to Puerto Rico to avoid having to pay taxes to the IRS. But it’s not that simple. In this episode, we discuss the considerations that need to be thought through before making this decision.
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A lot of people are talking about moving to Puerto Rico to avoid having to pay taxes to the IRS. But it’s not that simple. In this episode, we discuss the considerations that need to be thought through before making this decision.
UPDATE: Tax Increases For The “Wealthy” and More Audits
Taxes Made Simple
5 minutes
4 years ago
UPDATE: Tax Increases For The “Wealthy” and More Audits
The current tax and audit regime is changing. Taxes are going up for those making more than $400K and for corporations. On top of that, more funding is going to the IRS to increase their capacity to audit and collect. These are the developments over the last month that you need to know.
Taxes Made Simple
A lot of people are talking about moving to Puerto Rico to avoid having to pay taxes to the IRS. But it’s not that simple. In this episode, we discuss the considerations that need to be thought through before making this decision.