Why Was 15 Percent Withheld From My Home Sale? FIRPTA Explained
FIRPTA withholding is 15 percent of the gross sales price when a foreign person sells U.S. real estate. Here is how the rule works and how to recover the money.
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FIRPTA withholding is 15 percent of the gross sales price when a foreign person sells U.S. real estate. Here is how the rule works and how to recover the money.
The IRS can certify tax debts above $62,000 to the State Department, which can deny or revoke your passport. Here is how the rule works
Renouncing U.S. citizenship triggers an exit tax for covered expatriates and a lifetime tail on U.S. heirs. Here is how the tax expatriation rules work.
The foreign earned income exclusion can wipe out U.S. tax on roughly $130,000 of expat income. Here is how it works, who qualifies, and where
U.S. citizens abroad still file U.S. tax returns – period. Here is why citizenship-based taxation works, what eliminates the tax, and how to catch up.
Moved abroad and stopped filing? The Streamlined Foreign Offshore Procedures get most expats back in compliance with no penalty. Here is how it works.
Canadian accounts are usually not foreign trusts, but some are. Here is how RRSPs, TFSAs, RESPs, and ordinary accounts are classified for U.S. reporting.