Business finance services in Kissimmee, FL from Freedomtaxaccounting? FreedomTax is an accounting firm like no other. We offer outstanding accounting services with a family presence, reaching out to help those in need. We are committed to providing professional, accurate, and comprehensive accounting and tax services to our community. Our payroll solutions streamline your payroll process, improve productivity and simplify administration. We manage the time-consuming tasks of payroll processing and employee payroll tax filing so you can focus on running your business. See more details at small business bookkeeping.
One of the best advantages that you can get with us is our high-class tax planning services. We ensure that you have no room for complaint and get complete satisfaction in all of our tax services. We believe in meeting the expectations of all of our clients, so make sure that you come to us for the very best tax services in the industry. At Freedomtax Accounting, our tax planning services guide our clients through a full range of tax planning and tax preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow, and keep you on track to your financial goals. Our tax consultant’s expertise, experience, analysis and thorough research allow us to optimize?financial opportunities to be found in existing, as well as recently altered tax laws.
If you are looking for a reliable and quality firm to manage your finances then you should definitely get in touch with us at 407-344-1012, or via email at info@freedomtaxfl.com. We have been in the industry for quite some time and have got the experience and the expertise when it comes to offering high-class accounting services to our customers. We also provide consultations to all of our customers and make sure that they are able to get the best possible services in the industry today.
FIRPTA stands for the Foreign Investment in Real Property Tax Act of 1980. Contrary to popular belief, this act is not a tax at all, it’s a withholding. Just as the title implies, this withholding was designed to ensure that foreign owners of US property pay their share of taxes on the profits (or gain) when they sell. The IRS rules place the responsibility for withholding potential income tax due in the amount of 15% of the purchase price on the buyer of the real property from a foreign entity. The real property becomes the security for the IRS to ensure that they receive taxes that are due to them. If the payment is not made by the buyer, the IRS can seize the real property (or other assets of the buyer). The buyer should withhold 15% of the gross purchase price unless an exception applies and the withholding can be reduced. All funds must be submitted in a timely manner. The amount withheld must be submitted within 20 days following the day the closing took place. If a withholding certificate was applied for, any required funds must be submitted within 20 days of the withholding certificate notice.
We are true professionals and know how to provide our customers with exemplary tax services every single time. There is no one better than us when it comes to tax services, and we provide all of our services in an extremely efficient, professional and friendly manner. We make sure that you have nothing to worry about when it comes to tax problems and can easily handle any type of tax situation you may have. Another of our specialties is our corporate tax return service that we provide to all of our customers. We have accountants who are experienced in every single avenue of tax services, and that is why we are able to provide individuals and businesses with flawless business tax return preparation services. We make sure that all of our business tax returns are delivered in a highly professional manner, and both you and your business profit from our exemplary business standards.
Starting a business during an economic downturn is not something you see every day. But by God’s grace is how Freedomtax Accounting was started. We felt it was our mission to honor God with the talents, and skills we have been given. Our founders embarked on opening a full-service accounting and tax firm that didn’t just merely offer tax and business services, but to create a professional environment that honors God, and a place filled with peace and genuine care for the lives of the individuals that entered our office doors. Each staff member has different talents, and resources to offer businesses that are starting up, or just for anyone looking for help. Read additional info on https://freedomtaxaccounting.com/.