According to IRS.gov, the withholding amount on the sale of US property can be adjusted if the IRS isssues a withholding certificate. A withholding certificate is an application for a reduced withholding based on the gain of a sale instead of the selling price.
FIRPTA Solutions facilitates the application process by reviewing the necessary documents and forwarding the completed forms to the IRS.
Withholding agents are generally required to withhold 15% on the sale or disposition. If an application for a withholding certificate was not applied for then the funds must be remitted within 20 days of the sale.
Our passion for assisting our clients and other professionals through the complex FIRPTA process, drives our business. Countless years of experience, our commitment to education, and our relentless dedication, defines who we are.
Why Us? Find Our If You Are ExemptProviding 1-on-1 scheduled time with a trained FIRPTA professional to anwser your FIRPTA questions.
Our FIRPTA Withholding Calculator will allow you to calculate the withholding percentage that will need to be withheld
Complete our interactive question and answer form to see if Firpta applies to you.
One of the most common questions we receive from our clients is what are the FIRPTA exceptions and if are they exempt.
Select from one of our many FIRPTA Services today to begin doing business with us!
Completed Transactions
Happy Clients
Hours of Work
Solutions
+1(239)281-6833