Withholding Tax In Us - A Service For Non-us Residents
If you are the kind of person who likes to gamble
, then when you come to the US, you already know where all of the best casinos, race tracks, and horse and dog tracks are. If you have ever won big in this country, however, then you have probably noticed that there is a major problem. You have probably realized that a large percentage of your money gets taxed by the IRS. This might be fine for US citizens, since it is their country and their duty to pay taxes. If you are a Canadian citizen, for example, you might feel irritated that your earnings are being taxed when you have nothing invested in the country. If this is the case, you will be happy to know that there is a way to avoid withholding tax in US.
When you win big while you are gambling, your withholding tax in US can be as large as 30 percent. Quite frankly, this is unacceptable, especially if you are not a US citizen. If you go online, however, you can find a service that will allow you to get your whole taxed sum or at least a large part of it returned to you. Don't be worried about breaking any laws. This is a completely legal service. As a matter of fact, if you don't live in this country and you are only visiting, it's simply not right that you should have to give money to a government that is not yours. This service has a professional relationship with both the IRS and the casinos all across the country.
If you are ready to get back your withholding tax in US, you need to make sure that you have some basic information. First of all, you will want to make sure that you have at least three pieces of identification. You will also want to make sure that you have some proof of your earnings. Make sure that the full amount is listed, as well as the amount that was taken out for taxes. Finally, you will need to make sure that you have the official IRS form that should have been given to you from the casino. If you don't have this form, the service will most likely help you to retrieve it.
When you come to the US to gamble from Canada, the UK or a number of other countries, you need to make sure that you don't have to pay withholding tax in US. Instead, you should feel great about your earnings. You should get all of that money back. If you are smart and you know where to go online, you should be able to get that money back immediately.
by: Cory Fisher
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