Category: USVI Tax Law

October 1 is the start of Q4 — your last opportunity to make payroll-related decisions that affect your 2026 tax position. Act now while you still have the full quarter ahead of you. 1. Accelerate… Read more →

Not everyone earning income in the USVI lives there. Consultants, remote workers, rental property owners, and business owners may earn USVI-sourced income while residing on the U.S. mainland. For those individuals — and the employers… Read more →

Bona fide residency is one of the most uniquely USVI concepts in payroll tax law. Getting it right affects where you remit withholdings and which forms employees file. What Is Bona Fide Residency? Someone who… Read more →

When Congress passed the Tax Cuts and Jobs Act (TCJA) in 2017, it affected the USVI too. Through the mirror code, most federal tax law changes automatically become USVI tax law changes. Key TCJA Changes… Read more →

The Two Agencies Virgin Islands Bureau of Internal Revenue (BIR)St. Croix: 4008 Estate Diamond, Plot 7-B, Christiansted — (340) 773-1040St. Thomas: 6115 Estate Smith Bay, Suite 225 — (340) 715-1040bir.vi.gov Internal Revenue Service (IRS)Receives FICA… Read more →

Form 941VI is the USVI employer’s quarterly payroll return for income tax withholding under the mirror code. It is filed with the BIR — not the IRS. It covers: total wages paid during the quarter,… Read more →

FICA Taxes (Federal — All USVI Employers) Per IRS Publication 15 (2026): Tax Employee Rate Employer Rate 2026 Wage Base Social Security 6.2% 6.2% $184,500 Medicare 1.45% 1.45% No limit Additional Medicare 0.9% (employee only)… Read more →

The USVI does not have its own separate income tax code. Instead, it uses a mirror system: the same tax laws, brackets, and rates as the U.S. Internal Revenue Code — but substituting “Virgin Islands”… Read more →