Check Your Act 60 Stock Option Tax Compliance Fast

The tax rules for Incentive Stock Options (ISOs) and Non-Qualified Stock Options (NSOs) are different, and getting it wrong can be costly. NSOs trigger ordinary income tax on the 'bargain element' when you exercise them. ISOs can defer the tax until you sell the shares, but you might run into the Alternative Minimum Tax (AMT). DecreeCheck is designed to quickly scan your information and flag potential mischaracterizations based on established tax principles. Our goal is to give you a rapid assessment so you can address issues with your tax advisor without delay.

Sourcing your stock option income correctly is essential for Act 60. Any gain related to work you did before moving to Puerto Rico is likely U.S.-source and taxable by the IRS. Only the portion of the gain earned while you were a bona fide resident of Puerto Rico gets the Act 60 benefits. Manually calculating this split can be tedious and prone to error. DecreeCheck automates this analysis, providing a quick estimate of your U.S. vs. Puerto Rico source income allocation to help you and your advisor save time and focus on what matters.

Why pay thousands for a preliminary compliance review? The Act 60 compliance market is notoriously underserved, forcing many to rely on expensive, slow-moving traditional firms. DecreeCheck was built to change that. We leverage technology to provide an accessible first step in compliance verification. For a fraction of the cost of a traditional review, you can get an instant report highlighting potential red flags related to your stock options. It's the smart, affordable way to start a conversation with your CPA and ensure you're on the right track.