Author Archives: Elliott Milek

Ways To Reduce or Eliminate the U.S. FIRPTA Withholding Tax

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Tax Implications for Canadian Individuals Selling U.S. Real Property withholding tax When it comes to selling property across the border, Canadian individuals should be aware of the tax implications. When a Canadian resident sells an income-producing property located within the United States, you will be subject to a non-resident withholding tax of either 10% or […]

Do you need an ITIN?

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What is an ITIN or Individual Taxpayer Identification Number? Individual Taxpayer Identification Number (“ITIN”) is a tax ID number issued by the Internal Revenue Service (“IRS”) to individuals who are obliged for a U.S. tax filing or reporting requirement under the Internal Revenue Code and are not eligible to obtain a Social Security number (“SSN”) […]