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accounting consulting tax preparation

B.V. MAZZEO & CO. SERVICES
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Tax Preparation

Individual



Authorized E-file Provider
www.irs.gov


Residents of Florida do not file income tax returns at the state level, however they of course are subject to federal taxation. Our office is an authorized IRS e-file provider.

Our office can provide service dealing with basic international matters, and offers tax preparation service to non-resident aliens as well as non-citizen U.S. residents. We offer personalized consulting and service to those establishing a presence in the U.S., including preparation of non-resident income tax returns, obtaining Individual Tax Identification Numbers (ITINs), and preparation of FIRPTA documents required for non-residents selling real estate within the U.S.

Non-residents not eligible for a Social Security number may obtain an ITIN in order to make federal tax filings in the United States. This number is obtained by remitting the appropriate application, together with specified documentation. Our office can prepare applications for ITINs together with your tax filing.


Business


A business entity functioning in the U.S. is responsible for reporting to various agencies at the local (county), state, and federal levels. Examples of these include state sales tax reports, quarterly federal employment tax reports, and yearly federal income tax returns. Our office provides comprehensive tax preparation services for small businesses.


Foreign Investment in Real Property Tax Act ( FIRPTA )

When a foreign person disposes of a U.S. real property interest, FIRPTA regulations generally require that 10% of the selling price be withheld at the source. Buyers purchasing from foreign sellers must be aware of the regulations as potential liability exists for buyers who fail to arrange for these funds to be withheld. In order to comply with these regulations, it is common for a seller to have the need to apply for an Individual Tax Identification Number ( ITIN ). Our office can advise you of this process.


Individual Taxpayer Identification Number ( ITIN )


Our office can obtain an ITIN by filing the required application and specified supporting documentation together with the related tax filing.

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