{"id":16,"date":"2024-09-24T19:05:04","date_gmt":"2024-09-24T19:05:04","guid":{"rendered":"https:\/\/www.pr-taxincentives.com\/blog\/?p=16"},"modified":"2024-09-24T19:39:11","modified_gmt":"2024-09-24T19:39:11","slug":"josh-saves-100000-on-business-taxes-through-puerto-ricos-act-60","status":"publish","type":"post","link":"https:\/\/www.pr-taxincentives.com\/blog\/2024\/09\/24\/josh-saves-100000-on-business-taxes-through-puerto-ricos-act-60\/","title":{"rendered":"Josh Saves $100,000+ on Business Taxes Through Puerto Rico’s Act 60"},"content":{"rendered":"\n

Can I introduce you to Josh? He was running a thriving marketing consulting agency<\/em><\/strong> based in NYC, bringing in around $425,000 a year.<\/p>\n\n\n\n

But here\u2019s the thing\u2014he was paying almost 30% of that in taxes.<\/em><\/strong> Between a 21% federal tax rate and a 6.5% state tax rate, Josh was shelling out about $120,000 in taxes alone every year. It was exhausting, and honestly, he was just feeling stuck.<\/p>\n\n\n\n

One day, Josh gave me a call. He sounded worn out, saying, “I feel like I\u2019m working just to pay taxes.”<\/em><\/strong> And I could really hear the frustration in his voice.<\/p>\n\n\n\n

\"#cpa<\/figure>\n\n\n\n

<\/p>\n\n\n\n

It’s the same feeling so many business owners go through\u2014working hard, growing their businesses, but feeling like they\u2019re not getting ahead because taxes take such a big chunk.<\/em><\/p>\n\n\n\n

We chatted about his business, his goals, and what he wanted his future to look like. That\u2019s when I brought up Puerto Rico\u2019s Act 60<\/strong><\/a> and how it could be the solution he was looking for.<\/p>\n\n\n\n

Once Josh heard that Act 60<\/strong><\/a> could lower his tax rate to just 4%, with no federal or state income tax<\/strong>, he had to pause for a moment. I could practically hear the relief coming through the phone. It just made sense.<\/p>\n\n\n\n

So, after we discussed the option more at length, he decided to make the move to Puerto Rico. And now? Instead of paying $120,000 a year in taxes, Josh is paying just $17,000! That\u2019s over $100,000 staying in his business<\/em><\/strong>, helping him grow it further\u2014and giving him the freedom to enjoy his life more.<\/p>\n\n\n\n

Josh\u2019s story is so relatable because it\u2019s something so many people face\u2014working hard but feeling weighed down by taxes. But there is another way.<\/em><\/strong><\/p>\n\n\n\n

If Josh\u2019s story resonates with you, and you\u2019re tired of seeing so much of your hard-earned money go to taxes, let\u2019s talk.<\/a> I\u2019d love to help you figure out if Act 60<\/a> could be the opportunity you\u2019ve been looking for!<\/p>\n\n\n\n

>>>Book a FREE Act 60 Consultation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Can I introduce you to Josh? He was running a thriving marketing consulting agency based in NYC, bringing in around $425,000 a year. But here\u2019s the thing\u2014he was paying almost 30% of that in taxes. Between a 21% federal tax rate and a 6.5% state tax rate, Josh was shelling out about $120,000 in taxes alone every year. It was exhausting, and honestly, he was just feeling stuck. One day,… Read More<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[3,4],"tags":[],"class_list":["post-16","post","type-post","status-publish","format-standard","category-act-60","category-taxes","entry"],"_links":{"self":[{"href":"https:\/\/www.pr-taxincentives.com\/blog\/wp-json\/wp\/v2\/posts\/16","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pr-taxincentives.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pr-taxincentives.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pr-taxincentives.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pr-taxincentives.com\/blog\/wp-json\/wp\/v2\/comments?post=16"}],"version-history":[{"count":3,"href":"https:\/\/www.pr-taxincentives.com\/blog\/wp-json\/wp\/v2\/posts\/16\/revisions"}],"predecessor-version":[{"id":25,"href":"https:\/\/www.pr-taxincentives.com\/blog\/wp-json\/wp\/v2\/posts\/16\/revisions\/25"}],"wp:attachment":[{"href":"https:\/\/www.pr-taxincentives.com\/blog\/wp-json\/wp\/v2\/media?parent=16"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pr-taxincentives.com\/blog\/wp-json\/wp\/v2\/categories?post=16"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pr-taxincentives.com\/blog\/wp-json\/wp\/v2\/tags?post=16"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}