To receive a gambling tax refund you need not look much further. Tax Recovery is a firm based out of Canada which can provide such assistance. Being in business since 2001, U.S. Tax Recovery is recognized by the IRS as an acceptance agent qualified to obtain an ITIN on your behalf. The firm you use to claim tax back from your US casino winnings should boast at least a near perfect record when it comes to rightful claim approvals. Owned and Operated by a Canadian Chartered Accountant. When claiming your tax back from US casino winnings, ensure the withholding tax specialist is a Canadian chartered accountant. Unfortunately the casinos are required to withhold a 30% gambling winnings tax on certain gambling winnings. The good news is that for Canadians and some other international citizens. Casino Tax Recovery can help you recover this casino winnings tax. Often the full amount may be recovered with a US Tax Recovery service. Casino Tax Recovery will. Casino tax recovery canada Malta Gambling can be addictive. Instead, they casino tax recovery canada purchased a much tinier skin boatwhich wound up washing overboardand a clumsy wooden dory. Casino Tax Recovery Canada, are online slot machines rigged, poker honolulu hawaii, texas holdem ultimate practice Gamble Responsibly BeGambleAware.org Over 230 Casino Games.
Travelers often pay 'tax recovery charges' instead of taxes when booking a hotel room in the US through a major online travel agency like Expedia, Orbitz, Priceline, and Travelocity. What are these mysterious charges?
Casino Tax Recovery Canada Complaints
Say you book a night's stay at a hotel through a major online travel agency, and you pay $100 plus 'tax recovery charges' and service fees. The $100 rate includes a profit margin for the website, which is typically between 15 and 25 percent, according to Daniel Toja, CEO of Myhoteloutlet.com. For our example, we'll say that's the wholesale rate is $80, and the travel website adds on $20 to the price and charges you $100. The hotel then calculates a tax on the $80. That tax is passed on to you by the website. (By tax, I mean the whole grab bag of taxes and charges municipal and state governments slap on hotels, such as the 'room tax' that some cities add.)
Interestingly, the travel website typically doesn't pay municipal or state taxes on its $20 mark-up on the $80 room or on its service fee.
What is the service fee? It's an effort to disguise the wholesale rate. Without it, anyone could look at the tax rate and the price paid and figure out what the wholesale rate is. But the service fee adds an element of mystery, confusing any competitor company trying to figure out how much a rival is discounting a room.
What does that mean for you?
Let's say four major travel websites are selling the same exact hotel for the same exact night for the same rate of $100.
When you attempt to actually buy the room from each site, you may be surprised to discover that each site charges a different final bill:
Expedia might charge $100 plus $20 in taxes and fees; Priceline might charge $25 in taxes and fees; Orbitz might charge $30 plus taxes and fees; and Travelocity might charge $35 in taxes and fees.
How can the final bills vary so much? After all, the tax rate is the same in every case (6%), and the retail rate is the same ($100) for each site.
The answer is simple: Changes in the service fee and the wholesale rate cause the final bills to vary among the sites. Hotels may have cut special deals with one website, offering deeper discounts. Or the website itself is running a sale to attract business.
(By the way, in my example above, I don't mean to imply that Travelocity typically charges more in service fees than the other companies; I randomly selected companies and prices to illustrate how all of these companies charge varied service fees. No one company is known to charge more than the others consistently.)
Complicating things even further, taxes are changing a lot lately. Sometimes governments might change taxes between the time you book the room and the time you actually stay. When you reserved a room in October, the tax rate may have been 6 percent, but by the time you check in for your stay in January, the tax may have risen to 7%. To prepare for possible changes in the rate, the company estimates what the tax will be (based on the current tax rate) and calls this estimate the 'tax recovery charge.'
An Expedia spokesperson explained to me that, 'generally without exception,' when a change happens, the tax goes up, not down. When the tax rises, the hotel—not Expedia—makes up the difference on the customers' behalf.
But what if the opposite situation happened? What if the tax rate actually dropped instead? Might Expedia keep any leftover the customer overpaid for 'tax recovery charges'? A company spokesperson says: 'Expedia never pockets any tax dollars... When this issue has been raised as a sideshow in the hotel occupancy tax litigation, every court who has looked at this baseless allegation has ruled in Expedia’s favor, finding that Expedia does not overcharge customers or pocket any tax dollars.'
The situation is the same with the other major online travel companies, according to spokespeople and previously issued public statements. They argue that because they are not hotels and do not 'furnish' rooms to travelers, the hotel occupancy sales tax does not apply to them. There's one exception. New York City and New York State have explicitly changed their laws so that they also tax the money on the online travel company's mark-up and service fees. Expect other municipalities and states to copy that move.
SEE MORE FROM BUDGET TRAVEL:
Recovering U.S. Tax on Gambling Winnings
As a Certifying Acceptance Agent (“CAA”) in Columbus, Ohio, Porter Law Office, LLC offers comprehensive gambling tax refund services. If you have visited a casino in the United States and won money gambling, you are well aware of the 30% tax that the casinos withhold from your gambling winnings.
Porter Law Office, LLC is a full-service law firm and CAA that assists residents of Canada and certain other countries claim a full refund of U.S. tax on gambling winnings withheld by the casino.
Gambling Tax Refund Attorney
Porter Law Office, LLC is an IRS-approved CAA who assists Canadians and other non-residents who gamble in the United States with recovering taxes withheld on gambling winnings. Matthew R. Porter is a tax and immigration lawyer who has the international taxation experience to assist you through the administrative channels of the IRS to secure your casino tax refund.
U.S. Casino Tax Refund Services
The IRS will not voluntarily issue your casino tax refund. You must start the process. Simply filing the required forms to obtain your casino tax refund is often times not enough. In fact, submitting an incomplete or inaccurate return can significantly delay your refund. Negotiating with the IRS during the gambling tax refund recovery process requires an in depth understanding of the IRS’s practices and procedures as well as the substantive gambling winnings and gambling loss record-keeping requirements.
Columbus tax attorney Matthew R. Porter has in depth experience negotiating with the IRS to recover frozen refunds of the gambling winnings tax. The IRS may freeze your gambling tax refund and require you to substantiate (prove) your gambling losses.
Release of Frozen Gambling Tax Refund
In a representative case, Mr. Porter assisted with obtaining the release of a gambling tax refund of approximately $2M. The IRS had frozen the refund and audited the taxpayer. Specifically, the IRS requested that the taxpayer prove gambling losses. The company that assisted the taxpayer with filing the Form 1040NR obtained the ITIN and filed Form 1040NR for the taxpayer, but did not perform its legal due diligence. Mr. Porter assembled detailed documentation of the taxpayer’s gambling losses. After providing the IRS with the gambling loss documentation and legal arguments in favor of releasing the frozen refund, the IRS released 100% of the gambling taxes reported on the taxpayer’s Form 1040NR.
Disclaimer: Results may vary based on specific facts and circumstances surrounding each individual case.
Casino Tax Recovery Canada
Contact Porter Law Office, LLC
Porter Law Office, LLC will stand up to the IRS to ensure that you receive the casino tax refund to which you are entitled. Tax attorney Matthew R. Porter has the experience needed to obtain your casino tax refund. If you have not filed your Form 1040NR, or if you have filed and the IRS has frozen your casino tax refund, contact Porter Law Office today for a free consultation to discuss your case.