What About IRS CCM 2023-006
This IRS publication pertains to trusts that violate IRC § 643 through misinterpretation. We do not reduce taxes in any of the ways brought forth in § 643, rather we work through 12 USC § 411.
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Income Taxes and Lawful Money
Under its power to borrow money, Congress is authorized by the Constitution to contract debt, and whenever something is borrowed it must be returned. When Congress spends the contracted private credit, each use of credit is debt which must be ...
Can One Use Lawful Money To Fight IRS Penalties From The Past
No, all penalties, fines and back-taxes prior to redeeming in lawful money are still owed. Case in point, John Schlabach attempted to filed amended tax returns for the tax years 2008-2010 and 2012 despite only redeeming lawful money starting in 2013. ...
Why Can’t One Get Gold for My Lawful Money Demand?
Federal Reserve notes serve as lawful money upon demand, the bank will not give one any other kind of money: US Bank Notes, Gold Certificates, Silver Certificates, stamps or united States Postal money orders. Do not ask for any special form, many ...
Can A Bank Refuse to Keep My Account Open Because of A ‘Lawful Money Demand’?
No! All banks (federal, state, public) have a fiduciary responsibility to their shareholders. While there is a clause that permits the bank to close down accounts for any reason – legally they cannot exercise that option unless they are losing money ...
How To Profit with Lawful Money As CPA (Certified Public Accountant)
Here's how to turn lawful money redemption, as a CPA, into a goldmine for business. Take any client, a higher net worth is better, and tell them they'll pay $0 in income / capital gains taxes. All you ask is for 100% of the refund for the first year. ...