by Anil Melwani | Jan 8, 2019 | Blog
View Transcript Looking to start an LLC as a foreigner? Setting up an LLC as a foreign-owned entity is tricky when you don’t have a social security number. Get ahead in the business game and apply as a C Corporation or LLC to receive a U.S. tax ID or ITIN without a... by Anil Melwani | Jan 8, 2019 | Blog
View the transcript. Is FIRPTA in the way of your gross proceeds from a real estate sale? The US withholds 15% of the gross proceeds of the sale of a foreign-owned property. It’s possible the foreign seller could receive all proceeds back once filed appropriately.... by Anil Melwani | Jan 8, 2019 | Blog
View the transcript. New York State brings in over a billion dollars every year from residency income tax audits. Many NY State residents believe they can get away with avoiding the NYS income taxes. Residents fail to realize the government has access to all credit... by Anil Melwani | Jan 8, 2019 | Blog
View the transcript. If you fall under a high tax bracket, your income could suffer severe penalties from a residency tax audit. Avoid a New York residency tax audit by contacting a qualified CPA today. by Anil Melwani | Jan 8, 2019 | Blog
View the transcript FIRPTA or the Foreign Investment Real Property Tax Act allows the US to withhold 15% of the gross proceeds of the sale of a foreign sellers’ real estate property. The US requires a foreign seller to file the appropriate taxes in order to receive... by Anil Melwani | Jan 8, 2019 | Blog
View the transcript Are your back taxes piling up? If you owe back taxes you could be looking at jail time. For a city or state tax problem it’s rare to serve jail time. However, the state and city will settle your debt by seizing all assets. If you owe a large amount...