Two foreign sellers lost opportunities to recover more than $100,000 in combined FIRPTA withholding. Learn why timely professional assistance, proper documentation, and follow-up are essential to protecting your refund rights.
Does FIRPTA automatically apply when a DACA recipient sells U.S. real estate? Not necessarily. Learn why immigration status and federal tax residency are different, how the Substantial Presence Test may affect FIRPTA withholding, and why spouses or co-owners can present additional challenges.
Mandatory EFTPS remittance has changed FIRPTA compliance. Although the statutory 20-day deadline remains unchanged, payment scheduling rules, enrollment requirements, weekends, and banking delays can significantly shorten the practical time available to remit withholding on time.