Having over 15 years of experience servicing Australian clients with their US tax advisory/accounting needs, TaxStudio has an office in Sydney, Australia to serve their current Australian clients while continuing to support the cross-border commercial activity between the US and Australia.
TaxStudio’s focus here is to assist, serve and promote Australian businesses with their expansion into the US market – whether it's an existing business looking to capitalize on the US consumer market or an early-stage Australian business looking to access the US capital market (e.g., “flipping into the US”).
US TAX NUMBER - TAXSTUDIO IS ONE OF THE FEW FIRMS THAT ARE CERTIFYING ACCEPTANCE AGENTS (CAA)
FOR THE IRS IN AUSTRALIA.
Far too often, non-US individuals are required to obtain an Individual Taxpayer Identification Number (ITIN). Obtaining an ITIN can be a difficult and time-consuming task (often requiring an individual to provide his/her original passport to the US government for an extended period of time). To expedite this process, an individual can engage with a CAA and generally obtain an ITIN quicker and without submitting his/her original passport.
Some reasons why a non-US individual may be required to obtain an US ITIN:
Investing in certain funds that have US investments
Taking a treaty-based position on a US tax return (e.g., spending time in the US performing services for an employee that doesn’t have a taxable presence I the US)
Obtaining certain US visas allowing you to have commercial/entrepreneur activity in the US
Claiming US treaty benefits
Having to file a US tax return
If you believe that you may need of a US ITIN in the near future, please contact us and we will be glad to schedule an appointment as a CAA to expedite this administrative process.