When Irs Form 13844 Withholding 2025

Hi, my name is Ryan Erica Coleman and today I will be presenting on behalf of Esquire Group. The topic of my presentation is withholding tax on payments of US source income. I will be filling in for James Sexton, who should have been doing this today but unfortunately cannot be with us. First of all, let's have the standard disclaimer, as we do in the tax industry. This presentation was prepared for educational purposes only. It is not legal or tax advice and should not be construed as such. Each individual's circumstances are different, so it is important to seek legal and/or tax advice to address any specific questions you may have. A little bit about myself, as I mentioned earlier, my name is Ryan Ruger Coleman. I'm an enrolled agent and a senior tax associate at Esquire Group. We are an international tax advisory firm that focuses on cross-border US taxation. I have experience working across Asia, Europe, and the US. I am fluent in English and German. My specialization is in international taxation, including tax issues facing US citizens and resident aliens living abroad, expatriation, unreported income and assets, investing or doing business abroad, and foreign investment in the US. If you would like more information about me, my full biography is available on our website. Now, let's get started on today's content. First of all, what is withholding tax? Withholding tax is a type of tax that is required to be withheld from a payment and paid to the government by the payer on behalf of the payee. For example, if you are an employee working for a company, the company would withhold part of your salary and transfer it to the IRS to cover your tax liability. Essentially, the money is being withheld to cover tax purposes and...