Pour us a cup: Coffee Day at Galíndez!
The Galíndez LLC oversight treated their staff to a special COFFEE DAY with the visit......
29 March, 2023
A collection of news and stories about our people, our capabilities, our research, and the ever-changing face of our firm. If you have a topic in mind you’d like to learn more about CONTACT US.
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News Highlight: Puerto Rico Hospital Industry Status Causes Concern
El Nuevo Día recently reported on the condition of the healthcare industry on the island,......
27 February, 2023 -
Galindez LLC shares its expertise with the Puerto Rico Manufacturers Association
On February 24, 2023, Galíndez LLC was present at the Puerto Rico Manufacturers Association 2023......
27 February, 2023 -
Team Galindez Gives a Great Performance!
The College of Certified Public Accountants of Puerto Rico (CCAPR) held its first Tax Bowl......
10 February, 2023 -
Galindez LLC Partners Take Part in Insightful Webinar
On February 9th, 2023 Galindez LLC’s Tax Partners Kenneth Rivera and Levi Villegas will take......
08 February, 2023 -
A Cheerful Holiday Spirit Continues for the Galíndez LLC team
Puerto Rico is known for being one of the most spirited celebrants of the holidays.......
19 December, 2022 -
Galíndez LLC Kicks Off the Holiday Season with Our Annual Thanksgiving Lunch
Galíndez LLC’s team came together to learn and laugh for the annual Thanksgiving lunch. Celebrated......
29 November, 2022 -
Galíndez LLC Continues to Support Financial Professionals of the Future
On Saturday, November 12th, the Interamerican University of Puerto Rico, Ponce Campus, was host and......
14 November, 2022 -
The Galíndez Team Raced for the Cure!
October 9th marked another great memory for the Galíndez LLC team. As both participants and......
10 October, 2022 -
Galindez LLC Invites You to the 2022 Race for the Cure by Susan G Komen Puerto Rico
As firm advocates for community involvement and joining in the fight against breast cancer in......
15 September, 2022 -
Leví Villegas, CPA Elected as NA Board Member for Nexia International
It is with great pride that Galindez LLC announces that our own Leví Villegas, CPA,......
15 September, 2022 -
Galíndez Experts Share their Insights at the Higher Education Institutions Forum
Galindez LLC’s professionals have contributed to a number of important tax and audit forums hosted......
01 July, 2022 -
Galíndez LLC’s Team Gets Together After Another Successful Season at the Office!
With the busiest part of the 2022 tax season behind us, Galíndez LLC’s team took......
20 June, 2022 -
Galindez LLC Stands as a Pillar for the Island’s Business Community
The Puerto Rico Chamber of Commerce (PRCC) is celebrating its 2022 annual convention with the......
10 June, 2022 -
2021 Tax Amended Due Dates
Do you know about the revised due dates for the 2021 Tax Season? Your trusted......
14 April, 2022 -
PR Treasury Provides More Time to File
Your trusted team of Tax Consultants at Galíndez LLC wishes to share some updated information. The Puerto Rico......
11 April, 2022 -
Galindez LLC is Making a Difference in the Banking & Corporate World
Galindez LLC’s commitment to excellence for all our clients, including the corporate and banking arena,......
07 April, 2022 -
Tax Partner Leví Villegas Shares Tax Credit Insights in El Nuevo Día
As we quickly approach Tax Day 2022, Galíndez LLC’s own Tax Partner Leví Villegas shared......
07 April, 2022 -
Galindez LLC Debuts its New Name and look in Caribbean Business
On January 1st, 2022 our firm announced our new corporate identity: Galindez LLC. With much......
28 January, 2022 -
Say ‘Hello’ to our New Look!
On January 1st, 2022 our firm announced its new corporate identity. With much excitement, we......
26 January, 2022 -
Puerto Rico Department of Treasury Updates: Filing Date Changes
Your trusted team of Tax Consultants at Galíndez LLC wishes to share some updated information. The......
28 October, 2021 -
Local Newspaper Consults Galindez Expert Analysts On Current Debt Crisis
The debt adjustment plan for Puerto Rico has been a hot topic in the recent......
21 October, 2021 -
Galíndez Supports Susan G. Komen’s Race for the Cure PR’s 2021 Hybrid Edition
Every day, five women are diagnosed with breast cancer in Puerto Rico. 39 years ago......
26 July, 2021 -
Nexia International Becomes Eighth Largest Global Accounting Network
Galíndez, LLC is a proud member of Nexia International, a global network of independent accounting......
12 March, 2021 -
In the News: Galindez Provides Insights in Revista Hospitales
As part of the Economic Pulse section of the monthly edition of their magazine Hospitales,......
18 December, 2020 -
Business Transformation: Is Your Organization Ready for 2021?
Through our international partnership, Galíndez, LLC, Together Business Consulting, and other Nexia International firms around......
25 November, 2020 -
Galíndez Breaking International Barriers
There is no doubt that these are times of rapid changes in fluctuating global markets.......
20 November, 2020 -
In the News: Galindez Shares Insights with Caribbean Business
As the year 2020 gets ever nearer to its conclusion, there is no doubt that......
19 October, 2020 -
Galindez Shares Insights on New PPP Program for Puerto Rico
Galindez, LLC Partner and Tax Expert Kenneth Rivera shares with El Nuevo Día readers his......
21 September, 2020 -
Private Sector Payroll Protection Program for Puerto Rico
The Puerto Rico Treasury Department has recently announced new incentives for the private sector through......
17 September, 2020 -
Financial Analysis of the Hospitals in Puerto Rico under COVID-19 Emergency
November 2019 marked the start of an unprecedented international health phenomenon, with devastating economic and......
01 September, 2020 -
Payroll Tax Deferral: Updates from the IRS
On August 8, 2020, President Trump signed a Presidential Memorandum (“the Memo”) authorizing employers to......
01 September, 2020 -
Galindez shares Insights on CARES Act in El Nuevo Dia
Galindez, LLC Partner and Tax Expert Kenneth Rivera shares with El Nuevo Día readers his......
10 June, 2020 -
(NEW) SMB Assistance Program in Puerto Rico: What You Need to Know
Your trusted team of advisors at Galíndez, LLC wants to keep you informed about the......
06 June, 2020 -
Galindez Navigates Audits With You
Thanks to the incredible amount of clients we’ve had the honor of assisting, our team......
06 June, 2020 -
PPP and Audits: Stay Informed
As the list of PPP recipients grows, so does the agencies’ need for auditing across......
06 June, 2020 -
What’s new in PPP? What you Need to Know About the New Paycheck Protection Program Flexibility Act
With the new changes signed into law last Friday, June 5th, and the release issued......
06 June, 2020 -
Guidelines and Facts: EIDL and Paycheck Protection Program Updated with Flexibilization (as of June 5th, 2020)
If you need any help navigating these programs, your trusted team of advisors......
05 June, 2020 -
Updates: Galíndez Implements COVID-19 Protocol for Puerto Rico
As stated by the Executive Order issued by the Governor of Puerto Rico, professional activities......
04 May, 2020 -
What You Need To Know About the ‘Economic Injury Disaster Loan’ versus ‘Paycheck Protection Program’
Your team of consultants at Galíndez, LLC is proud to provide up-to-date, practical information on......
27 April, 2020 -
New Extended Due Dates for 2019 Tax Returns as Result of the COVID-19 Emergency
As a result of Governor of Puerto Rico’s Executive Orders No. OE-2020-020 and OE 2020-023......
31 March, 2020 -
Other Cash Flow Related Measures Adopted by the Puerto Rico Treasury Department
Anticipating potential problems that taxpayers and merchant may confront in the near future, as a......
31 March, 2020 -
Sales and Use Tax Exemption on Prepared Foods
On March 18, 2020, the Puerto Rico Treasury Department (“Treasury”) issued the Administrative Determination 20-08......
31 March, 2020 -
Sales and Use Tax Exemption on Basic Essential Products
Due to the COVID-19 emergency, on March 18, 2020, the Puerto Rico Treasury Department (“Treasury”)......
30 March, 2020 -
Working Remotely? A Best Practices Checklist for COVID-19 Preparedness in Puerto Rico
As many of us have been made aware, COVID-19 may increase existing risks to your......
18 March, 2020 -
Moratorium on Payment Plans
Considering the economic distress that COVID-19 impact might have in taxpayers, the Puerto Rico Treasury......
16 March, 2020 -
Annual Report Extension issued by the Puerto Rico State Department
Pursuant to the Puerto Rico State Department portal, the due dates to file the 2019......
16 March, 2020 -
Extension of Administrative Terms Due to COVID-19
As of February 24, 2020, the Third Phase of SURI transition took place. As a......
16 March, 2020 -
New Extended Period to File and Pay the Income Tax Return
As a result of Executive Order No. OE-2020-020 issued on March 12 by the Governor......
16 March, 2020 -
Disaster Relief Payments as a Result of January Earthquakes
As experienced after Hurricane María, the PRTD issued Internal Revenue Circular Letter No. 20-08 (“CC......
14 March, 2020 -
Special Disaster Distributions Allowed at a Preferential Tax Rate from Retirement Plans
Pursuant to Internal Revenue Circular Letter CC RI 20-09 (“the Letter”) eligible individuals can make......
14 March, 2020 -
Transition to SURI
On February 24, 2020, the PRTD completed the third phase of the transition to the......
14 March, 2020 -
Extension Requests for 2019 Income Tax Returns
Pursuant to the Internal Revenue Circular Letter 19-15, every taxpayer will be required to electronically......
14 March, 2020 -
Electronic Filing Procedures for the 2019 Income Tax Returns
INDIVIDUALS For 2019, the electronic filing of the income tax return (“return”) could be completed......
13 March, 2020 -
Applicable Limits for Qualified Retirement Plans under §1081.01(a) of the PR Code
On December 30, 2019, the PRTD issued Internal Revenue Circular Letter 18-21, to notify the......
12 March, 2020 -
Agreed Upon Procedures Required to Claim Certain Deductions for the 2019 Income Tax Returns
The PR Code was amended by Act No. 257 of 2018, to establish the requirement......
12 March, 2020 -
New Annual Informative Declaration for Payments Received on Advertising, Insurance Premiums, Telecommunication, Internet Access and Cable or Satellite Services
n response to a recent court case, the PRTD issued the Internal Revenue Circular Letter......
11 March, 2020 -
Informative Returns Now Due on March 31, 2020
Act No. 257 was enacted on December 2018 and made substantial changes to the Puerto......
02 March, 2020 -
Due Dates Extended as a Result of the Recent Earthquakes
On January 8, 2020, the PRTD issued the Internal Revenue Circular Letter No. 20-02 (“Circular......
13 January, 2020 -
Jan 2020 Sales and Use Tax Exemption on Foods
On January 9, 2020, the Puerto Rico Treasury Department (PRTD) issued the Administrative Determination 20-01......
11 January, 2020 -
Helping the Barrio Palmas Community
The Galíndez, LLC team is proud to support the Association for Youth and Community of......
08 December, 2019 -
Galíndez, LLC Regala Un Día 2019
Galíndez, LLC was proud to be a part of United Way’s ‘Regala un Día’® (‘Give......
01 September, 2019 -
Sales Tax Reduction for Restaurants and Prepared Foods
On August 2, 2019, the Puerto Rico Treasury Department (“PRTD”) issued Administrative Determination Number 19-03......
06 August, 2019 -
The Galíndez, LLC Team Hits the Lanes!
At Galíndez, LLC we’re all about team building and the great culture that sets us......
10 July, 2019 -
Back to School Tax Free Holiday
The PRTD issued the Internal Revenue Circular Letter Number 19-11 on May 17, 2019 to......
26 June, 2019 -
Effective Dates for Some Amendments to the PR Code
On December 10, 2018, Act 257 (“Act 257-2018”) was enacted to incorporate several amendments to......
23 June, 2019 -
Employee Retention Benefit for Hurricanes Irma and Maria
Recognizing that a large number of taxpayers have not been able to obtain all the......
22 June, 2019 -
New Quarterly Return of Taxes Withheld on Service Payments
The Puerto Rico Treasury Department (“PRTD”) issued Internal Revenue Circular Letter Number 19-10 (“IRCC 19-10”)......
20 June, 2019 -
Galíndez, LLC Partners with Fondos Unidos
Another important partnership we have is with “Fondos Unidos de Puerto Rico”. For more than......
20 June, 2019 -
Opportunity Zone Legislation in Puerto Rico
The 2017 Tax Cuts and Jobs Act (the “TCJA”) incorporated in the United States Internal......
16 June, 2019 -
Welcome to Nexia | A Message by Julio Galíndez
A Special Announcement to all our Esteemed Clients: We are extremely excited to announce that......
15 June, 2019 -
Never Giving Up: Galíndez, LLC Hurricane Maria Aids
On September the 21st, 2017, life for all Puerto Ricans was forever changed as Hurricane......
01 June, 2019 -
A “Casa” Where Commitment Is Essential
Social commitment is very important to Galíndez LLC, a core value we hold dearly. We......
01 June, 2019 -
Galindez Adds to the Rhythm and Beauty of “Mosaico Caribeño”
Music is one of the most fabulous expressions of the human being because it manages......
26 May, 2019 -
Educate, Mentor, Inspire Young Minds
Education is a significant part in a person’s life. Every day, a student is grappled......
15 May, 2019 -
Galíndez, LLC is a Proud Supporter of MDA in Puerto Rico
At Galindez, LLC we are proud to support the community, foster corporate accountability and promote......
10 May, 2019 -
Oscar Birriel Rivera: An International Journey
Galíndez, LLC is a proud supporter of our community, and on this occasion we are......
01 May, 2019 -
Withholding Tax at Source Deposits
On December 10, 2018, the PRTD issued Administrative Determination Number 18-14, to simplify the rules......
22 February, 2019 -
Withholding Tax at Source Changes in Transition to SURI
The PRTD issued Internal Revenue Circular Letter Number 18-17 on December 7, 2018 to inform......
20 February, 2019 -
No Applicability of Penalties, Fines, Interests or Surcharges for Transactions Related to the Additional Taxes Integrated to SURI
On January 29, 2019 the PRTD issued the Internal Revenue Informative Bulletin Number 19-02 to......
20 February, 2019 -
Changes in the Withholding Tax at Source for Services Rendered
The PRTD issued Internal Revenue Informative Bulletin Number 18-24 to clarify certain tax amendments incorporated......
18 February, 2019 -
Waiver Certificate from Withholding Tax at Source for Services Rendered
On December 4, 2018, the PRTD, issued Internal Revenue Circular Letter Number 18-15, to establish......
15 February, 2019 -
Time Extension for Employee Retention Benefit for Hurricanes Irma and Maria
The PRTD issued Internal Revenue Circular Letter 18-20 (“IRCL 18-20”) on December 28, 2018, to......
15 February, 2019 -
Automated Clearing House (ACH) Credit File Specifications for SURI Payments
The PRTD issued Publication 06-06 on January 29, 2019, to notify taxpayers about the new......
04 February, 2019 -
Moratorium of Payment Plans for Employees of US Federal Government Affected by the Shutdown
The PRTD issued the Internal Revenue Circular Letter Number 19-01 on January 23, 2019, to......
03 February, 2019 -
2018 Non-Withholding Agents Annual Report Due Date Postponement
Pursuant to Section 4041.03 of the PR Code, every merchant who is not a withholding......
01 February, 2019 -
2019 Applicable Limits for Qualified Retirement Plans under §1081.01(a) of the Code
On December 31, 2018, the PRTD issued Internal Revenue Circular Letter 18-21, to notify the......
01 February, 2019 -
Employee Retention Credit for Employers Affected by Hurricanes Irma and María
* Certain requirements and conditions apply. Please see below for more information. ** Portal was supposed......
05 June, 2018 -
Treasury Provides Guidelines for Extension and Waiver of Penalties
The Treasury Department (the “Department”) issued Administrative Determination No. 18-07 (the “Determination”). The Determination basically......
03 April, 2018 -
Treasury Issues Guidelines to Report Losses for Tax Purposes
Treasury issued Administrative Determination 18-05 (“Determination”), which provides how individuals will claim any losses suffered......
05 March, 2018 -
Extension to File Informative Returns Approved
On March 1, 2018, the Treasury issued Informative Bulletin 18-08 (“the Bulletin”) with the purpose......
02 March, 2018 -
Closing of Taxable Years by Closing Agreements with the PR Treasury Dept
On February 12, 2018, the Supreme Court of Puerto Rico published their most recent tax......
01 March, 2018 -
Procedure to Claim Mortgage Interest Deduction for Taxpayer Who is Not a Debtor or Co-Debtor
The Treasury issued on January 30, 2018, the Internal Revenue Circular Letter No. 18-01 to......
03 February, 2018 -
2017 Income Tax Returns are Released
On January 30, 2018, the Puerto Rico Treasury Department (“Treasury”) issued Internal Revenue Informative Bulletins......
30 January, 2018