"ALWAYS IN THE BEST INTEREST OF THE CLIENT"
Harding & Associates Tax Services specialise in representing foreign owners of US property before the US Internal Revenue Service (IRS), State and local County taxing authorities.
The firm is based in Central Florida, representing thousands of offshore property investors and rental property homeowners from over 60 countries with a combined portfolio of hundreds of millions of US $’s.
Harding & Associates Tax Services is proud to provide clients with an education and understanding of US property ownership and tax compliance. If you have purchased, or intend purchasing US property or land for investment or to generate rental income there are several areas of tax compliance of which you should be aware; including US income tax, local & state taxes & licensing, capital gains tax & FIRPTA withholding...
US Tax law requires that a non-resident alien who sells an interest in US real property is subject to withholding, for tax purposes, of 10% of the gross sales price. The withheld amount is required to be forwarded to the IRS, by the closing agent (normally a title company or attorney), within 20 days of the date of closing. These funds are held until the IRS is satisfied that all taxes due by the non-resident are paid. In order to apply for an early refund of cleared withholding the FIRPTA application must be submitted to IRS prior to the closing. If you are considering selling or have listed your US property and have not dealt with FIRPTA Withholding, please contact our office for assistance.
