DecreeCheck

The High Cost of Act 60 Non-Compliance: Are You at Risk?

Non-compliance with Act 60 can lead to shocking penalties, interest, and even losing your decree. Don't wait for a letter from Hacienda or the IRS. DecreeCheck offers a fast, no-nonsense way to check your return for common errors, giving you instant feedback on your compliance status.

The High Cost of Act 60 Non-Compliance: Are You at Risk?

Quickly Understand Your Financial Risk

The financial penalties for Act 60 errors can be staggering. Simple mistakes in reporting your income source or residency status can lead to thousands in penalties and compounding interest. Why risk it? Traditional compliance reviews can take weeks and cost a fortune. DecreeCheck is built for speed and affordability. Our automated system scans your return for red flags based on current Hacienda and IRS enforcement priorities. In minutes, you can get a clear picture of potential issues, helping you understand your financial exposure without the high cost and long wait of a traditional CPA review. This is the quick, smart way to assess your risk profile.

Avoid Common Audit Triggers

Audits are expensive and stressful. Many are triggered by common, avoidable mistakes on tax filings. With the IRS increasing its focus on Act 60 participants, as noted in their Campaign 685, a clean filing is more important than ever. Are you sure you’ve correctly documented your 183 days for the Presence Test? Is your income properly sourced to Puerto Rico? DecreeCheck is designed to catch these and other common errors that can attract unwanted attention from tax authorities. While we don't provide tax advice, our tool can help you spot potential inconsistencies so you can address them. It’s a simple step to make your filing more robust.

Protect Your Tax Decree in Minutes

Your Act 60 decree is your most valuable financial asset in Puerto Rico. But it can be revoked by the DDEC for non-compliance. Losing your decree means losing your 4% tax rate and 0% capital gains tax benefits, a devastating financial blow. The best way to protect it is to stay compliant. DecreeCheck gives you a quick, easy way to review your position. By flagging potential issues with your annual report information or residency qualifications, our tool helps you stay on track. Don't leave your decree vulnerable. A quick check today can save you a massive headache tomorrow.

Frequently Asked Questions

How long does the DecreeCheck process take?

Our automated review process is designed to deliver results in minutes, not weeks. You upload your information, and our system provides instant feedback on potential compliance issues.

Is this a substitute for a CPA?

No. DecreeCheck is a powerful, automated review tool, not a CPA service. It is designed to provide a quick and affordable second opinion to help you identify potential red flags. It does not constitute tax or legal advice.

What kind of issues can DecreeCheck help identify?

Our tool is designed to scan for a wide range of common compliance errors, such as potential issues with meeting the bona fide residency tests, incorrect income sourcing, and incomplete annual report data. It helps you see where your filing might need a closer look.

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This content is for informational purposes only and does not constitute tax, legal, or accounting advice.