Tax Services

Employee Statutory Profit Sharing (PTU) Overview

All employees, except general directors, are subject to receive Employee Statutory Profit Sharing (PTU) when a company generates profit during the calendar year. Employees that worked during that period are entitled to receive a portion even if they do not continue working for their employer at the end of the calendar year. Employees cannot refuse to receive the designated amount.
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Be ready to submit the Annual Tax Return for Fiscal Year Ended 2018

The Annual Tax Return for Mexican Corporations is due on April 1, 2019, so it is important to review if your Entity has the necessary information to comply with this obligation. We made a list with the main information that should be observed during the Fiscal Year Ended December 31, 2018:

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IRS Auditing Taxpayers Rejected by Offshore Disclosure Program

BNA Snapshot

• IRS evaluating 6,000 people
• IRS sending some taxpayers “soft letters” with several compliance options (more…)

House Republicans Draw Lines as Tax Bill Moves to Senate

BNA Snapshot

• Senate set to vote after Thanksgiving
• Differences, including state tax deduction, yet to be resolved

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