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Q: Most of the sweepstakes are free so, why should I pay for your services?
A: This is the best and most important question one can ask. If you have ever participated in any of the chat rooms and blogs of these sweepstakes, then you know that the biggest concern of winning mega prizes are the taxes. You hear questions like “Who can afford to pay the taxes?” or “Why don’t the sponsors give money for the taxes and make these prizes affordable?” In actuality, this will only make matters worse by increasing the amount of taxes already owed. For example, with a $2.5 million grand prize total, one can expect to pay approximately $875,000 in taxes. If a sweepstake sponsor were to include this amount as part of the package, then the grand total is now $3.37 million and the taxes are now estimated at $1.18 million. This is just an increasingly revolving cycle. Our service is designed to decrease the tax cycle. We are an independent company and not affiliated with the sweepstakes Sponsors. So, if we were to pay $875,000 in taxes, this could not be added as part of the total grand prize. However, you would now owe approximately $306,250 in taxes for the next filing period. This amount in taxes may be more attainable for winners and reduces the chances of you losing your property.
Q: What happens if no one wins?
A: Unlike the traditional insurance we pay monthly to protect our health and property and hope that we never have to use, this is insurance we do hope to use. Money will be held in a Money Market Fund until we announce our first winning member. Occasionally, cash prizes will be awarded to our members.
Q: Are there monthly fees for membership?
A: No, there is a one-time fee and membership expires on December 31. However, if you selected a sweepstake pool that does not start until the following year then, you would still be covered within that pool. You will not be allowed to participate in any new sweepstake pools until you renew your membership.
Q: Can I participate in a sweepstake pool before the Sponsor start accepting entries?
A: Yes, early participation will give pools greater chances at reaching maximum tax amount payouts for grand prizes.
Q: How much taxes will myunclestan.com pay?
A: Myunclestan.com guarantees 100% of the initial federal income taxes on your winnings paid if the amount of the specified sweepstakes pool reaches an equal amount owed in taxes. Membership participation determines the amount each sweepstakes pool will payout. You should encourage family, friends, and neighbors who participate in these sweepstakes to join.
Enter forums and blogs and tell everyone about myunclestan.com.
Q: What happens if the sweepstake pool does not reach an equal amount of taxes owed?
A: Myunclestan.com will payout the entire amount of the specified sweepstake pool to the winning member of the sweepstakes grand prize.
Q: Will myunclestan.com make the check payable to me personally?
A: No, this will require additional federal withholdings. We pay directly to the Internal Revenue Service or tax collection agency on your behalf.
Q: What if I sell the property or accept cash for the prize?
A: Our service is designed to pay taxes. Selling your property will not change the fact that you owe taxes. In this case, myunclestan.com will withhold 30 to 35 percent of the payout amount (depending on the amount of the specified sweepstake pool). This is only due to IRS requirements when winning cash. We will issue you a check for the remaining balance. You will be required to sign a release form prior to accepting the check and still be responsible for any income taxes related to your personal income.
Q: Why should I become a member of myunclestan.com?
A: Besides all the other good reasons mentioned, this is as close as you get to having that “rich uncle” we all wished we had. Or perhaps, you really do have a rich uncle. Will he be willing to pay nearly $1 million for a tax debt on your behalf? If so, this service is not intended for you. But, those who are not as fortunate should become adopted by Uncle Stan. This is the first and only service of its kind and will give you the best opportunity to keep your winnings without being forced to sell due to high taxes. Read the article about the 2006 HGTV Dream Home Winner at (http://money.aol.com/cnnmoney/realestate/canvas3/_a/the-house-that-swallowed-
don-and-shelly/20060627161909990001 and then return back to our site and join! |
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