Posted on 05/27/2016 7:27:36 AM PDT by milton23
For nearly 100 years, Vocatura’s Bakery has been a New England staple.
The family business was started in Westerly, Rhode Island, in 1919 and moved to its current home in Norwich, Connecticut, in 1956.
There, the family bakes bread using its six-decade-old industrial oven and serves up pizza—square, but not sicilian—and sandwiches—including one “as long as your forearm”—to members of the community.
The bakery has been family-owned and operated since its opening in 1919, and today, it’s run by David Vocatura, Larry Vocatura, Frankie Vocatura, and Richard Vocatura. The foursome still remembers being pushed around the bakery in a hand truck and crawling into the turned-off oven to ride the baking trays around and around.
(Excerpt) Read more at dailysign.al ...
The bakery owners must be Christian and Conservative..
People are going to start putting savings in mattresses again if this keeps up.
From article:
As David Vocatura was travelling from Connecticut to Washington, D.C., he received word from the federal government that the $68,000 the IRS took from Vocatura’s Bakery was going to be returned.
The news came just hours after the Institute for Justice filed a lawsuit against the government on behalf of David Vocatura calling on the IRS to return the money.
The government is continuing to move forward with its investigation into the bakery, though.
tea party?
“David Vocatura had made cash deposits of under $10,000 into the bakery’s account, but only after a bank employee called the bakery in 2007 to tell them that deposits of more than that amount required them to submit additional paperwork.”
“The terminology that they used was never really explained to us in detail,” David Vocatura told The Daily Signal. “We just thought it was an inconvenience or a nuisance for [the bank].”
WRONG. Stop right there. You call a lawyer right then and there. If there ANY issues like that you call a lawyer. You figure out the law and you obey it. Problem solved.
Whether the law is correct or moral or warm and fuzzy is irrelevant. You have to follow the law.
This stupid law in particular was enacted after 9/11 and is completely stupid.
I’m glad they’re finally getting their money back.
Currency Transaction Reporting for cash deposits greater than $10K has been a federal banking requirement since before the mid 1980s so no this law was not enacted after 9/11. The law is related to money laundering. Restaurants and other cash-based business can fill out paperwork to get an exemption, or higher threshold for completing the CTR on each deposit.
Any business that accepts cash is guilty of structuring according to IRS.
The Federal Government is a criminal enterprise masquerading as a legitimate entity.
Well, for a long time most of us thought, "Over 10K, bad; under, ok." I can understand the government investigating a series of under 10K transactions to be sure they are legit, but not going with the presumption of guilt--that's not part of the law.
Wow they got their 68+K money back after three years. How much did they have to spend to get their own money back??
This is a major problem with any of these so called pre court seizure laws.
“The law is related to money laundering. Restaurants and other cash-based business can fill out paperwork to get an exemption.”
Ha!, I’m sure applying for such an exemption would subject that business to an audit and would not guarantee the granting of such an exemption in which case structuring laws would be still be applicable.
The government is a woefully corrupt criminal enterprise and any type of resistance is morally justified.
Yes, agreed.
This is just terrible.
Agreed. This is a regime at war with the people.
Haven’t read any comment here yet, but I’m sure someone will post these same two words...
Unintended Consequences”
One day the sheep will realize they have teeth and will bite back. It won’t be pretty.
“How our hearts burned with the camps...if only...”
Wake up America.
It was all very legal and we all paid our taxes but by structuring it so, we paid as little tax as possible but it was still a hell of a lot. I was never audited nor accused of structuring money, though some months I had zero income and others over ten thousand dollars and oddly enough most months just under ten thousand if I worked that month.
What this man did with his bakery should have raised no red flags for audits and even worse confiscation of his money. My income should have raised many red flags but it did not.
The Armed Services are to "defend us from enemies both foreign and domestic." Who defends us when the domestic enemy is the Federal Government led by the executive that is the Commander in Chief of the Armed Services?
There is a common sense solution to this IRS Gestapo behavior. Abolish the IRS in favor of the “fair tax.” then abolish the departments of Education and Energy. The Constitution grants no power to the federal government in these activities therefore the authority remains with the states.
WRONG! IRS operates, by law, on the "prove innocence" aka Napoleonic Code, principal. This means that the IRS is fully enabled to seize on basis of suspicion and then the 'victim' must prove that the IRS is wrong.
FYI, the same principal is at work for property seizures by law enforcement. The person owning the property has the burden to prove that the seized property is not due to illegal activity.
Inch by inch we are getting miles from "innocent until PROVEN guilty!"
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