The time to change is NOW! The way we do business has changed and alchavo.com it becomes more than that new reality. Manage the finances and payroll of your business using an online system with 24/7 access and aligned to the continuous changes that impact the day-to-day operation of your business. Automate and control your … Read more
Sometimes we are doing “so many things in so little time” and let’s face it, we do miss a few things that are part of everyday life. Imagine, being in a middle of a meeting, on vacation or just in a day off, and suddenly you get a call from the office because they need … Read more
If you are requesting a benefit to counteract the impact of COVID-19 for the operation of your business and you need information from your accountant. We share the process to follow so that your request is processed as soon as possible. Click the “Support” bottom and add a “Request” through the Task Manager Module. We … Read more
On March 18, 2020, the “Families First Coronavirus Response Act of 2020” was signed, consisting of several statuses aimed at serving different facets of the state of emergency caused by COVID-19. Among others, a new sick-pay leave (COVID – SICK) was approved and the requirements and benefits of the Federal Family and Medical Leave Act … Read more
$500 incentive for self-employed workers who have their Merchant Register up to date and who have reported this type of income on their contribution chart for the year ended December 31, 2018. Incentive is requested via SURI and deposited electronically into the bank account specified in that system. For more details, please http://www.hacienda.gobierno.pr/incentivo-500-trabajador-por-cuenta-propia Incentive to … Read more
After each payroll is processed, the employer is responsible for paying the withholding made to each employee to the applicable regulatory agencies together with certain other payroll taxes and insurances. Each payroll must be accompanied by applicable support (e.g. voucher) as determined by each agency. In addition, it is required to prepare and file certain … Read more
Companies are increasingly outsourcing basic functions such as data storage and access to applications to cloud service providers (CSPs) and other service organizations. In response to this fact, the American Institute of Certified Public Accountants (AICPA) has developed the Service Organization Controls (SOC) framework, a standard for controls that safeguard the privacy and confidentiality of … Read more
Learn more about the 7% retention in Puerto Rico jurisdiction. If you have a professional services contracts, this information will be very helpful for your business.