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Messages - aviatrix

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Dreamstime.com / Re: Dreamstime's New Tax Center
« on: September 01, 2010, 18:34 »
At least they have made a sensible decision quickly.  I hope they can soon set this up the same way as the other sites.

Sharpshot, they have not made a sensible decision quickly.  This is what they have been asking us to do from the beginning.  They want you to tick the "applied for" option to cover their own arse.  If you tick this box and never apply for it and the decision about the ITIN turns around then you have not covered yourself.  Do you really want, 10 years down the track, the IRS chasing you for money you owe them because you ticked that box, did not apply for an ITIN and dreamstime didn't withhold 30%.  The IRS and tax company will also charge you interest on anything owed to them.  Do you really want this type of headache down the track?  At least with FT and SS, who only charge the treaty amount without the ITIN have come up with a solution and have spoken to the IRS.  Contributors are covered with them.  It is better to hold off and lose some tax dollars while DT sorts themselves out, then you getting caught out later on.

Please, rethink ticking the applied for option unless you're absolutely certain you will apply for it. 

Adios

(this is sunnymars)

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