Never Pay Unnecessary Taxes, Penalties, or Interest
Thank you for your interest in our FIRPTA withholding certificate service. At Freedomtax Accounting we have been providing first-class tax accounting services for almost 20 years.
Our goal is to assist buyers, sellers and other real estate professionals through the complex FIRPTA process and ensure you never have to pay any unnecessary taxes, penalties or interests.
Whether you are selling, buying, assisting a client or just need a few questions answered, we are here for you.
In order to know our FIRPTA service, you must first understand what FIRTPA is.
FIRPTA stands for the foreign investment in real property tax act of 1980. This tax withholding was designed to ensure that foreign owners of us property pay their share of taxes when they sell.
FIRPTA rules require that a buyer withhold 15% of the gross purchase price of the property at the time of closing when they buy us real property from a foreign person. If the buyer does not comply with these rules, the IRS can seize the property, or any other assets.
FIRPTA WITHHOLDING CERTIFICATE SERVICE ADVANTAGES
Our FIRPTA withholding certificate service has many advantages, but the main ones are:
We have been helping clients with their FIRTPA certificate for almost 20 years.
Professional Representation = Faster Process
We represent you or your clients with the IRS, or any other agency. This allows us to communicate with the different agencies regarding your FIRPTA, thus speeding up the process.
Get an ITIN Number Faster and Safer
If an ITIN tax id number is required, we can do this for you as well. We have several IRS certified acceptance agents on staff that will allow us to get your ITIN numbers faster, and without having to send your original passport to the IRS.
We Complete All FIRPTA Forms
We fill all the necessary complex FIRPTA forms for you, so you can concentrate on other areas of your closing process. The FIRPTA withholding certificate requires detailed and accurate information. Any error in these forms can result in costly penalties from the IRS.
Get Advise From A Professional Tax Advisor
Title companies, and real estate agents may have experience with FIRPTA, but they are not qualified to provide advice on individual taxpayer’s situations. IRS tax laws are ever changing, and complex, so make sure you get advice from a certified tax professional from Freedomtax Accounting.
If you are a real estate professional, we can enhance your sales process by providing expert tax advice to your clients.
Get Your FIRPTA Tax Refund Faster
If you are a foreigner selling us real estate, our service can allow you to get your tax refund back faster.
World Wide Service
Our technology allows us to assist you anywhere in the world.
We Work With Other Tax Professionals As Well
If you already have an accountant or CPA we can work together to fill in the gaps they cannot do.
At Freedomtax Accounting we handle the complex FIRPTA process for you. We do all the required forms, affidavits, and certificates, and our goal is to make sure you never have to pay any unnecessary taxes, penalties or interests.
Also, Freedomtax is a full service tax accounting firm. We can not only help with your FIRPTA, or ITIN tax id needs…we can also help in any IRS tax problem, open your LLC business, or any other business accounting service you may need.
For more information about our FIRPTA service call us at 407-344-1012, or email us at [email protected]
Thank you, and have a great day