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To: panthermom

It takes about 10 minutes for the IRS to file a levy on your bank accounts to confiscate what they believe you owe, and then you have to prove otherwise to get your funds back. Meaning you have to file a tax return to show their error in the amount held, and as a result admit you willfully failed to file and are thus obligated to pay fines and interest, at a minimum.

The only way to defang the IRS is to simply relocate all your assets and income overseas in a non-US-compliant jurisdiction.


15 posted on 03/04/2010 8:36:09 AM PST by PugetSoundSoldier (Indignation over the Sting of Truth is the defense of the indefensible)
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To: PugetSoundSoldier

Sometimes you just have to take a stand.


16 posted on 03/04/2010 8:37:41 AM PST by panthermom
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