Let us handle the details, so you can focus on your business

"Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands.” - Judge Learned Hand

We focus on meeting all of your needs by providing a customized concierge approach to relocation, compliance, and advisory.

When you work with us, you will receive expert guidance regarding
tax compliance, exit strategy planning, investment strategy, and cryptocurrency tax strategy.

Explore Our Services

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Act 60 Tax Compliance

Our firm provides tailored compliance services and has relationships with the best Act 60 tax return professionals. We make it our mission to understand the intricacies of each client’s business, allowing us to provide the highest quality advice.
Rachel Farris is a licensed CPA with experience on the full range of individual and business tax matters. Our firm has established partnerships with local and stateside tax attorneys and accountants to offer our clients the most comprehensive advice and service possible. Our goal is to make your transition to Act 60 seamless with no compliance issues or clawbacks. We serve individuals, estates, startup businesses, small- and mid-size businesses, large corporations, foreign companies and other clients.

Whether you are looking to sell your company or simply maximize your wealth under Act 60, we provide advisory services to minimize your tax burden, protect your assets, and take advantage of tax exemption incentives while maintaining strict compliance with the tax code.

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Exit Strategy Planning

It is never too early to begin thinking about the future of your business. Whether you plan to sell your company in a few years or a few decades, we are here to guide you through the process to make this as financially advantageous as possible for you.
Many people make the mistake of thinking about selling their company too late… by that time, you are rushing to get the correct steps in place to be able to maximize your earnings. Under Act 60, it is imperative to start this process as early as possible so your tax savings apply to your exit strategy as well.

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Act 60 Investment Strategy

At Rachel Farris, CPA, P.C. we specialize in helping individuals and businesses make the most of Act 60, Puerto Rico’s unique tax incentive program. Our goal is to provide a seamless transition to Puerto Rico for investors seeking tax advantages, including substantial savings on capital gains and passive income. 

By navigating you through the often-complex Act 60 requirements, we focus on compliance to ensure you are able to capitalize on the tax benefits while enjoying the lifestyle Puerto Rico has to offer. Our comprehensive services cover every step of the process, including leveraging our partners to establish and structure your investment portfolio in alignment with the island’s regulations.

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Cryptocurrency Tax Strategy

Our firm offers specialized services to help cryptocurrency investors leverage Puerto Rico’s Act 60 tax incentives, for tax savings and financial growth. As part of Puerto Rico’s unique tax benefits, Act 60 offers significant exemptions on long-term capital gains, making it an ideal strategy for crypto investors looking to optimize their returns. 

We assist clients in navigating the complexities of Act 60, providing expert advice on how to structure your residency, investments, and cryptocurrency holdings to comply with the island’s tax code while taking full advantage of these benefits. Whether you’re a seasoned crypto trader or just getting started, our team ensures that your investments are positioned for long-term success.

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The information contained within this website is provided for informational purposes only and is not intended to substitute for obtaining accounting, tax, or financial advice from a professional accountant. Presentation of the information via the Internet is not intended to create, and receipt does not constitute, an accountant-client relationship. Internet subscribers, users and online readers are advised not to act upon this information without seeking the service of a professional accountant. Any U.S. federal tax advice contained in this website is not intended to be used for the purpose of avoiding penalties under U.S. federal tax law.

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While we use reasonable efforts to furnish accurate and up-to-date information, we do not warrant that any information contained in or made available through this website is accurate, complete, reliable, current or error-free. We assume no liability or responsibility for any errors or omissions in the content of this website or such other materials or communications.

The Department of the Treasury and the Internal Revenue Service (“IRS”) have promulgated rules at CFR Part 10 (the so called “Circular 230 rules”) that govern practice before the IRS, including providing certain forms of written tax advice termed “Covered Opinions”. The Circular 230 rules require that Covered Opinions (a) adhere to certain standards of factual and legal due diligence, (b) be presented in a certain format, and (c) contain certain information. We have concluded that this advice does not constitute a Covered Opinion and we disclose to you that this website is not intended or written by us to be used, and cannot be used, by you or any other person for the purpose of avoiding penalties.