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Women in Business
Pathways to parity Women in business 2024
2024 marks the 20th year of Grant Thornton’s work to monitor and measure the proportion of women occupying senior management roles in mid-market companies around the world.
08 Mar 2024
2024 Tax Calendar
Tax Calendar 2024 Tax Calendar
We are delighted to present our 2024 Tax Calendar. This comprehensive tax guide is designed to keep you well-informed about the tax due dates and filing requirements for both Puerto Rico and the United States. It also offers valuable tax insights for individuals, businesses, and sales and use tax considerations. If you require any additional information or have questions on this or any other tax-related matter, please do not hesitate to reach out to our dedicated tax department. We are here to assist you and provide the guidance you need. Your success in managing your taxes is our priority!
18 Jan 2024
The journey to a sustainable future
International Business Report The journey to a sustainable future
Exploring the sustainability journey for the mid-market and what's driving these organisations to take action.
13 Nov 2024
Trending articles
Tax Insight Tax Benefits for Investing in Local R&D and Innovation
7 min read | 07 Oct 2024
Tax Insight Sales and Use Tax: The impact of manufacturer's rebates and treatment of warranties
9 min read | 16 Sep 2024
Tax Insight A Deep Dive into Puerto Rico's Excise Taxes
3 min read | 07 Aug 2024
Tax Insight Preparing for Puerto Rico Treasury Tax Audits
8 min read | 30 Apr 2024
Our latest insights
COP26 provides a turning point for mid-market companies
Sustainability COP26 provides a turning point for mid-market companies
COP26’s goal was to deliver radical change to save our planet. In the long term, there are good reasons to be hopeful.
Less than a minute | 16 Nov 2021
Accounting for revenue contracts acquired in a business combination
Advisory Article Accounting for revenue contracts acquired in a business combination
The FASB recently issued ASU 2021-08, Accounting for Contract Assets and Contract Liabilities from Contracts with Customers, creating an exception to the recognition and measurement principles in ASC 805, Business Combinations.
Marta E. Rodríguez
Neysha Otero
Jorge Paredes
Jorge Oquendo
| 3 min read | 15 Nov 2021
New Sales and Use Tax Return published by the PR Treasury Department
Tax Alert New Sales and Use Tax Return published by the PR Treasury Department
The Puerto Rico Treasury Department published a new version of the monthly Sales and Use Tax Return that should be used for the filing of the monthly Sales and Use Tax return corresponding to October 2021.
1 min read | 27 Oct 2021
Creating competitive advantage through sustainability
Sustainability Creating competitive advantage through sustainability
The mid-market’s real prioritisation of sustainability not only reflects the growing expectation of stakeholders but the forward-thinking nature of this entrepreneurial segment. But few companies have made significant progress and many still face significant barriers. Understanding how you can overcome these barriers and integrate sustainability into your strategy and business operating model will create competitive advantage in the years ahead.
Less than a minute | 22 Oct 2021
Empowering the mid-market to help achieve net zero
Sustainability Empowering the mid-market to help achieve net zero
Mid-market businesses around the world want to accelerate their ESG and sustainability journey. But they’re going to need support to do so. Peter Bodin, CEO at Grant Thornton International Ltd, outlines his point of view on what governments, policymakers and standard-setters need to do to enable the mid-market segment to play its part in achieving the COP26 goals.
Less than a minute | 19 Oct 2021
Recent Updates by the Puerto Rico Department of Treasury
Tax Article Recent Updates by the Puerto Rico Department of Treasury
The Puerto Rico Department of Treasury (now on referred as to “Hacienda”) has recently issued multiple official publications to address new tax developments or amend previous publications to clarify their intentions. In this article, we will address some of them.
Francisco Luis
Isabel Hernández
| 6 min read | 19 Oct 2021
Cybersecurity in M&A strategy
Advisory Article Cybersecurity in M&A strategy
Mergers and acquisitions require a mix of strategic and tactical work – cybersecurity is usually an item on the tactical list.
Marta E. Rodríguez
Neysha Otero
Jorge Paredes
Jorge Oquendo
| 4 min read | 18 Oct 2021
Return to work incentives
Tax Alert Return to work incentives
On March 11, 2021, the U.S. federal government enacted the American Rescue Plan Act of 2021 to assist state governments with the public health emergency caused by the COVID-19 and to boost the economic development of certain industries most heavily impacted by the pandemic.
6 min read | 17 Sep 2021
Mid-market recovery spreads to more industries
Mid-market industries
‘Uneven’ is how we described the impact of COVID-19 on different mid-market industries – both when assessing initial destruction in H1 2020 and the early recovery in H2 2020. Midway through 2021, it is really encouraging to see some of that unevenness disappear and more industries participating in the overall recovery.
Less than a minute | 16 Sep 2021
How internal controls can add business value
Advisory Article How internal controls can add business value
Internal controls have traditionally been viewed as a requirement to avoid regulatory, legal and external audit/examination consequences. Rarely they are seen as a strategy for building business value and consumer confidence.
Marta E. Rodríguez
Neysha Otero
Jorge Paredes
Jorge Oquendo
| 3 min read | 16 Sep 2021
Effective dates of FASB ASUs
Audit Article Effective dates of FASB ASUs
This publication summarizes the effective dates of FASB Accounting Standards Updates that are not yet effective for all entities.
Johanna Pérez
Johanna Pérez
| 1 min read | 13 Sep 2021
Global business pulse
Global business pulse Global business pulse
Global business pulse
02 Sep 2021
ASU 2021-05: Lessors’ accounting for certain leases with variable payments
Audit Article ASU 2021-05: Lessors’ accounting for certain leases with variable payments
The Financial Accounting Standards Board recently issued ASU 2021-05 to amend ASC 842 so that lessors are no longer required to recognize a selling loss upon commencement of a lease with variable lease payments that, prior to the amendments, would have been classified as a sales-type or direct financing lease.
4 min read | 20 Aug 2021
Internal audit in the cloud
Advisory Article Internal audit in the cloud
The critical role of internal audit in cloud security.
3 min read | 17 Aug 2021
Do’s & don’ts for the 2021 tax season
Tax Article Do’s & don’ts for the 2021 tax season
This second tax season during a global pandemic has begun to feel a little like a return to some sense of normalcy for our clients. Each tax season is a learning experience, and we aim to share the most common do’s and don’ts to help prepare for next year.
3 min read | 17 Aug 2021
Freight expectations: a striking rise in international ambitions
Freight expectations Freight expectations: a striking rise in international ambitions
Six months ago, our global research led us to conclude that there was a ‘once in a generation’ opportunity for businesses to grow internationally. Normal opportunities bring the mid-market running. Once a generation opportunities bring a stampede, and this is exactly what has happened. A massive 45% of the global mid-market now expect their exports to increase in the next 12 months.
Less than a minute | 15 Aug 2021
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