Open Forum

All Communities
 View Only
  • 1.  FIRPTA

    Posted 8 days ago
    Edited by Mary Enzi 8 days ago

    There are so many misconceptions about FIRPTA, who does it apply to? if the seller has a tax ID is not subject to FIRPTA? if the seller has an ITIN is subject to FIRPTA?.

     

    IRS is enforcing this compliance and when the seller is subject to FIRPTA the buyer is responsible to send the FIRPTA withholding to the IRS.

     

    Have questions? Please call us 281 578-1040 or send us an email info@taxss.com, watch our FIRPTA videos.

    What Is FIRPTA?     https://youtu.be/yzX19A2XTIU

    Que es FIRPTA?  https://www.youtube.com/watch?v=kNcVjuJ2rSs

     

     

    Mary Santiago, CAA

    Office Manager

    __________________________________

    1855 Barker Cypress Rd.

    Suite 120

    Houston, TX 77084

    281 578-1040 Ofc

    832-201-9121 Fax

    www.taxss.com

     

    What Is FIRPTA?     https://youtu.be/yzX19A2XTIU

    Que es FIRPTA?  https://www.youtube.com/watch?v=kNcVjuJ2rSs

     

    For more FIRPTA Tips visit our YouTube page   

     

     

    Join us for the 2022 Advocacy Summit


  • 2.  RE: FIRPTA

    Posted 14 hours ago

    Did you know that individuals with student visa (among others) are required to file a Non-Resident U.S. return, their days of presence in the U.S. are moot and they are considered Foreign Sellers.

    So if you have an individual who has been in the U.S. for 3 or 4 years and meets SPT that person can still be subject to FIRPTA withholding.

    Question? give us a call, we will be glad to assist you (281) 578-1040 or send me an email mary.santiago@taxss.com



    ------------------------------
    Mary Enzi
    Tax Solutions – FIRPTA Consulting
    Barker TX
    +1 (281) 578-1040
    ------------------------------

    Join us for the 2022 Advocacy Summit