Tax accounting services provider Florida, USA by freedomtaxaccounting.com? The offering compromise is a program that the IRS offers where you can actually settle your tax bill for less than what you owe. If you have seen these famous commercials on TV that say “If you owe more than $10,000 to the IRS, you can pay pennies on the dollars”; that’s that system with the IRS. This may take a long time, the latest offering compromises that we have done take 4 to 6 months to settle an agreement with the IRS. A lot of people have been taking advantage of this service, so be careful who you do it with.
We have accountants who are experienced in every single avenue of tax services, and that is why we are able to provide individuals and businesses with flawless business tax return preparation services. There is no tax service that we can’t provide you with, and our experience and expertise allows us to deal with any tax problem effortlessly. Our tax debt relief services can help you deal with tax negotiations, settlements, back taxes, tax liens, tax levies, IRS tax debt, IRS audit defense, payroll tax negotiation and wage garnishments. Find additional information on small business bookkeeping.
Making sure that you have the right accounting and bookkeeping services for your business is important, since making sure that your finances are in order is going to be the main priority for you. A lot of business owners have reaped the rewards of great accountant services, since they are able to focus on managing their services and not worry about bookkeeping and accounting for their business. At Freedomtax we have helped hundreds of foreign nationals and others who do not qualify for a Social Security Number but have federal tax reporting or tax filing requirements, to get a Tax ID ITIN Number. ITIN Tax Numbers help individuals comply with the U.S. tax laws, and to provide a means to efficiently process and account for tax returns and payments.
You should always look to hire a Florida incorporation service that has got experience, and expertise in new Florida business registration, since you want to ensure survival for your business. We have been in the industry for a long time, and can easily handle any type of problem that you have when it comes to accounting, tax, and starting a business in Florida. There is a certain type of plan that is required to ensure that your Florida LLC, or Corporation grows and develops properly, and it is this approach that is going to make your business successful in the long run.
FIRPTA stands for the Foreign Investment in Real Property Tax Act of 1980. Contrary to popular belief, this act is not a tax at all, it’s a withholding. Just as the title implies, this withholding was designed to ensure that foreign owners of US property pay their share of taxes on the profits (or gain) when they sell. The IRS rules place the responsibility for withholding potential income tax due in the amount of 15% of the purchase price on the buyer of the real property from a foreign entity. The real property becomes the security for the IRS to ensure that they receive taxes that are due to them. If the payment is not made by the buyer, the IRS can seize the real property (or other assets of the buyer). The buyer should withhold 15% of the gross purchase price unless an exception applies and the withholding can be reduced. All funds must be submitted in a timely manner. The amount withheld must be submitted within 20 days following the day the closing took place. If a withholding certificate was applied for, any required funds must be submitted within 20 days of the withholding certificate notice.
It can be difficult to find a reliable and quality accounting and tax service that can provide you with superior services at affordable rates. We are the experts in the industry and have been around for a long time, which is why we are able to provide you, and your business with the best tax services in the industry. We specialize in taxes and have some of the leading tax experts to provide you with the best possible tax services in the country.
Freedomtax is not your ordinary accounting and tax firm. We offer an assortment of unique services that make your life easy with everything you need in one place. We strive to make available all our skills in helping you develop your business. The idea is simple. If we can help our clients grow, our accounting firm grows with them. We thank God that he has assembled a multi-talented group of professionals in our firm, which allows us to offer our clients QUALITY, PROFESSIONAL SERVICE WITH A FAMILY FEEL. See additional info at https://freedomtaxaccounting.com/.