ITIN Application Common Category

ITIN Application Common Category

by | Mar 29, 2023 | IRS, ITIN, Tax, tax returns, US laws

Foreign Nationals with 30% Tax Withholding on 1042S/1099 – You need US Tax ID to reclaim a refund. ITIN – US TAX ID For Foreign Person What is an US TAX ID OR ITIN? ITIN stands for Individual Tax Identification Number which is a U.S Tax Id for Foreign Nationals who...
DOES FATCA APPLY FOR INDIVIDUAL TAXPAYER?

DOES FATCA APPLY FOR INDIVIDUAL TAXPAYER?

by | May 19, 2020 | FATCA

The word FATCA may sound bit scary these days as your local banks and other investment financial institution use this terminology a lot and ask you to complete additional paperwork subject to be FATCA compliance rules, and this could beproviding your foreign tax I.D....
What EIN look like?

What EIN look like?

by | Mar 26, 2020 | EIN

An Employer Identification Number (EIN) is also known as a federal tax identification number and is used to identify a business entity. EIN is a unique nine-digit number issued by the IRS and includes information about which state in which the corporation is...
Is EIN Public?

Is EIN Public?

by | Mar 26, 2020 | EIN

Yes! EIN is public information and it should be strictly guarded just like the Social Security number (SSN), An Employer Identification Number (EIN) is assigned to a business entity by the IRS to easily identify such an entity. Overview EIN is a unique-nine digit...
Are EIN and TIN the same?

Are EIN and TIN the same?

by | Mar 26, 2020 | EIN

There are many acronyms used by the IRS to identify the types of taxpayers and they are quite confusing for someone new, in this blog, we can discuss EIN and TIN.EIN and TIN are both used for business purposes meanwhile SSN and ITIN is used to identify yourself.EIN...