The Best Real Estate Legal and Tax Advice Right Here!
TIPS TO PROTECT YOU FROM BECOMING THE NEXT VICTIM OF IDENTITY THEFT AND FRAUDULENT TAX RETURNS!
Identity theft presents a challenge to individuals, businesses, organizations and governments, including the Internal Revenue Service. Tax-related identity theft occurs when someone uses a stolen Social Security number to file a tax return to claim a fraudulent refund. Although identity theft affects a small percentage of tax returns, it can delay a taxpayer’s refund and have a major impact on the victim’s peace of mind. READ MORE
KOONTZ & PARKIN IN SAN DIEGO!
As if these two ladies are not dynamic and busy enough, Jo Ann Koontz and Marina Parkin still found the time to slip out of town to San Diego and attend part of an ongoing series of Maui Mastermind business coaching seminars.
ARE YOU A REALTOR WORKING WITH A NON-U.S. RESIDENT? MAKE SURE YOU KNOW ABOUT FIRPTA!
There are many foreign investors and residents selling property in Sarasota. FIRPTA (Foreign Investment in Real Property Tax Act) applies to the sale of a U.S. real property by a foreign person and is subject to a 15% withholding. This includes, but is not limited to a sale, exchange, liquidation, redemption, gifts and transfers. Koontz & Associates, PL and Koontz & Parkin, CPAs are uniquely equipped to handle FIRPTA closings and withholdings.*
*Watch out for an email invitation to our May 15th FIRPTA realtor seminar.
2018 REAL ESTATE TAX IMPLICATIONS & ADVICE
Here we are speaking at IMG Country Club for the Coldwell Banker Regional Meeting. We discussed the implications of the new tax bill and how changes effect realtors and their clients, plus offered some handy tips on making real estate businesses and transactions more profitable with less liability. We would like to thank Jennifer Putnam for inviting us to speak.