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Refund Management Services – what you should know about it
Refund Management Services – what you should know about it
The Internal Revenue Service or IRS imposes taxes on casino winnings. This is not just for US residents but for gamblers coming from other countries as well. If you are a Canadian, chances are you have also been levied the gambling tax. What are your options to recover the tax you have paid then? You can use Refund Management Services that will help you better access IRS tax forms.
Los Angeles,
California,
United States of America
(prbd.net)
19/03/2011
The Internal Revenue Service or IRS imposes taxes on casino winnings. This is not just for US residents but for gamblers coming from other countries as well. If you are a Canadian, chances are you have also been levied the gambling tax. What are your options to recover the tax you have paid then? You can use Refund Management Services that will help you better access IRS tax forms. Here are some things you should know about the service including requirements on how you can avail of it.
Refund Management Services is offered by a professional team separate from that of the IRS. They are there to make the US tax rebate process easier. This will also give you the chance to enjoy your winnings as Canadians. The service makes getting a rebate from the US possible. As you may have heard, you cannot directly transact with the IRS to get the IRS tax forms needed for your refund. If you are given the chance, the process will be tedious. Thus, you should avail of this type of service.
Refund Management Services is your access to the refund as stipulated in the US-Canada tax treaty. In most cases, Canadians are not aware of this opportunity. They simply have nothing to do but pay their taxes. They have to accept the rules other than question the proceedings. Even if Canadians know that there is such a thing as the US-Canada Tax Treaty, most have to give up about getting their refunds. This is because the IRS seems not to encourage the refund and make moves that will disallow foreigners from getting their respective refunds.
Traditionally, when Canadian gamblers opted to approach the IRS for their respective IRS Tax Forms, some procedures have to be met. Generally, original passports are required to establish proof of identity. These passports will be in the IRS possession for approximately 6 weeks. With the tedious process in obtaining casino tax rebate from the IRS, some (if not most) Canadians gave up on the attempt to ask for refund.
This is why refund management services were conceptualized. The good thing about these service providers is that they are not allowed to promote such services unless they have been licensed by the US government. The list of providers comprise of a few Canadian firms who have been verified to render services pertinent to US tax refund. These are firms you can go to basically because there are limitations to get IRS tax reforms from the IRS. You need these forms to obtain the refund you want out of what has been levied on your casino winnings.
Refund management services make life easier for you. You no longer have to worry about how you can have IRS tax reforms. You do not even have to think of how long it will take you to get the refund. There are FAQs available in the service provider's site where all of the questions you have in mind will be answered. For all your other concerns, you may ask help from the service provider through their contact numbers or e-mail addresses.
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