Most FIRPTA problems begin long before closing. Learn why an independent review may reduce withholding, prevent delays, and minimize compliance risk.

Can FIRPTA withholding be avoided? In one recently completed case, the IRS reduced the required FIRPTA withholding to $0.00 after reviewing the taxpayers' application. Every FIRPTA transaction is unique and deserves an independent review.

FIRPTA compliance involves far more than preparing Forms 8288 and remitting funds through EFTPS. Learn why experience and judgment can make all the difference before closing.

One of the Most Misunderstood Areas of FIRPTA One of the most misunderstood areas of FIRPTA compliance involves whether withholding funds must always be immediately remitted to the IRS at closing. Many buyers and settlement agents assume the answer is yes. In many cases, it is. However, there is an important exception. Form 8288-B May Allow a Temporary Deferral When a properly prepared and timely submitted IRS Form 8288-B withholding certificate application is filed, IRS proc

In many FIRPTA transactions, withholding may be lawfully reduced before closing through a properly prepared and timely submitted Form 8288-B withholding certificate application. Can FIRPTA Withholding Be Reduced Before Closing? Yes—in many transactions, it may be possible. Many foreign sellers are surprised to learn that FIRPTA withholding may be reduced before closing through a properly prepared and timely submitted Form 8288-B Withholding Certificate Application. Why This M