Business Owners and Lawful Money Tax Returns

[Unknown]

Axe do you realize that the CESTUI QUE VIE TRUST known as LEGAL M. NAME [w/SSN] is just that - A Trust. Now, that Sole Proprietorship as you call it gets its standing from CQVT - I mean you did go down to a Trust Asset Registry - Register of Deeds or County Clerk and Recorder - and Record a DBA, yes? So the TAXPAYER - FIRST MIDDLE LAST [CQVT] is the Trust you mention. How you fish out of that boat is your business.

Certainly when you sign on behalf of the BUSINESS ENTITY you sign in Capacity, right? Why would you not make a demand for lawful money for EVERYTHING that is done in the NAME of the Business Entity?

It's like Bon Jovi says "It's all the same, only the names have changed"....

The question remains is the Person a US Person or not? Is it an LLC, Corp [C or S], Trust, what is it? Are you in capacity as Manager, Vice President, President or Trustee or Agent? Why does Capacity matter? It does not? Except to say that certain liabilities can be shielded by Persons.

Amend the ARTICLES OF INCORPORATION - that can be done at ANYTIME. I might add "It is the express will and intent of the officers, agents, trustees, managers, and/or administrators to handle Lawful Money per Title 12 U.S.C. Section 411 as shown herein with the express written demand for lawful money per 12USC411."

The signature card at the banking institution can be updated or close the account and open a new one. Every instrument handled even for the most mundane of reasons should bear the stamp "demand is made for Lawful Money per 12USC411."

Why because every piece of mail or other instrument has a commercial value. Maybe not now, but I can guarantee if the company is sued then those instruments might be used to find a value.

In the past, I have held offices of Agent, Manager, President and Trustee for many different Persons.

What is your express intent? Make it known so that the INTERNAL book-keeper does not have to read your mind. INTERNAL that is to the United States - IRS and Dept. of Revenue (DOR). You say DOR? That's right. While the STATE has its own Domestic Sovereignty it is Dependent to the UNITED STATES.

I mean, come on Axe, who gave Standing to the Sole Prop? Did you? NO! You executed the relationship as authorized USER in Cestui Que Vie Trust relationship. Corporation, LLC or Trust [C or S w/TIN or EIN] are all Persons of the US. You think no, go and read the IRS code more carefully. In regard to US Persons. That should open the eyes a bit.

Hello - It is ALL Trust Law.

Are you suggesting that people who want to open up a business aren't actually required to get a license, permit, etc.?

[martin earl]

Certainly, people are not required to get a license, permit ect to do anything.

Persons are required to.

By the way, you cannot be a people without redeeming lawful money.

My current opinion only and not legal advise.

[Jmi52]

Hello All,
I am a brand new member of the suitor club so I apologize in advance...
I have been following this site along with a few others just trying to grasp hold of the hold idea of redeeming lawful money. I get it, I do. I've ordered my stamp and I plan on implementing this remedy on everything I do.
The long and short of it is I am a 30 y.o business owner who is just getting started. I purchased a mobile food unit in October and we are set to launch in about a month or so. I presume most all of our sales will be cash with a few exceptions where customers may utilize Square-Up https://squareup.com/...payment from a smartphone.
What are the definitive steps someone like myself would need to do in order to rid myself of the IRS in all my business dealings. I have no accounting or business background (the business aspect I'm leaving to my fiance). To be honest I am completely lost with the whole accounting aspect of it. Being a 30 year old female, when I explain what I am doing to my friends and collegues they are totally lost and more or less look at me like I have 10 heads. Yes, I am quite ahead of my time But have no one to help me. We've filed our LLC and DBA with Pennsylvania. Being as though we created our LLC back in October and are not even up and running- thus no income- I have just been filing zeros on my quarterly statements.
Any suggestions or help or feedback would be most appreciated!

[Treefarmer]

Hello All,
I am a brand new member of the suitor club so I apologize in advance...
I have been following this site along with a few others just trying to grasp hold of the hold idea of redeeming lawful money. I get it, I do. I've ordered my stamp and I plan on implementing this remedy on everything I do.
The long and short of it is I am a 30 y.o business owner who is just getting started. I purchased a mobile food unit in October and we are set to launch in about a month or so. I presume most all of our sales will be cash with a few exceptions where customers may utilize Square-Up https://squareup.com/...payment from a smartphone.
What are the definitive steps someone like myself would need to do in order to rid myself of the IRS in all my business dealings. I have no accounting or business background (the business aspect I'm leaving to my fiance). To be honest I am completely lost with the whole accounting aspect of it. Being a 30 year old female, when I explain what I am doing to my friends and collegues they are totally lost and more or less look at me like I have 10 heads. Yes, I am quite ahead of my time But have no one to help me. We've filed our LLC and DBA with Pennsylvania. Being as though we created our LLC back in October and are not even up and running- thus no income- I have just been filing zeros on my quarterly statements.
Any suggestions or help or feedback would be most appreciated!

Hello Jmi52, welcome to the club.

Trading goods and services for cash is a great thing in my experience, because with cash one does not have to beg a bank to give it utility, as one does with a check, at which point one may be considered to be engaged in a "trade or business" with the United States. That would be taxable.

You cannot expect to "rid" yourself of the IRS when you apply for a TIN and an LLC. That is akin to jumping in bed with the IRS.

DH and I once had an LLC and it proved to be a complete waste of time and resources for us. Our tax payments were always higher than our income (popular meaning of the word), after we paid all the bills.
Great way to go into dept.
We dissolved the LLC and went back to business as usual, dba XYZ CONSTRUCTION (DH is a carpenter), except we only accept lawful money for payments anymore.
This works much better for us.

We are not required to file 1040s anymore, because our numbers are too small, but we file 1040EZs anyways, for the EIC and other reasons.

Regards

[shikamaru]

Hello Jmi52, welcome to the club.

Trading goods and services for cash is a great thing in my experience, because with cash one does not have to beg a bank to give it utility, as one does with a check, at which point one may be considered to be engaged in a "trade or business" with the United States. That would be taxable.

You cannot expect to "rid" yourself of the IRS when you apply for a TIN and an LLC. That is akin to jumping in bed with the IRS.

DH and I once had an LLC and it proved to be a complete waste of time and resources for us. Our tax payments were always higher than our income (popular meaning of the word), after we paid all the bills.
Great way to go into dept.
We dissolved the LLC and went back to business as usual, dba XYZ CONSTRUCTION (DH is a carpenter), except we only accept lawful money for payments anymore.
This works much better for us.

We are not required to file 1040s anymore, because our numbers are too small, but we file 1040EZs anyways, for the EIC and other reasons.

Regards

There is distinction between private business and public business.

[Treefarmer]

There is distinction between private business and public business.

Sounds interesting.
Would you care to elaborate further please?

[shikamaru]

Sounds interesting.
Would you care to elaborate further please?

This is what I have learned from George Gordon and his broadcasts.

Private business does not involve government. Private business is just that ... private between the business and the customer.
Public business has a public interest involved and thus is subject to regulation by government.
Keywords there are public interest.

This also includes employment. There is no common law right to employment.
Employment is a state regulated franchise.

The downside of all of this is that private business is strict liability. Accepting the state franchise of incorporation and thus limited liability is an enticing benefit.

[Jmi52]

You cannot expect to "rid" yourself of the IRS when you apply for a TIN and an LLC. That is akin to jumping in bed with the IRS.

DH and I once had an LLC and it proved to be a complete waste of time and resources for us. Our tax payments were always higher than our income (popular meaning of the word), after we paid all the bills.
Great way to go into dept.
We dissolved the LLC and went back to business as usual, dba XYZ CONSTRUCTION (DH is a carpenter), except we only accept lawful money for payments anymore.
This works much better for us.

Thank you for the kind words! So my question is, is a DBA, and by this I presume you mean operating a "business" under a ficticious name, able to be in existence without an LLC? I first filed our LLC "umbrella" and then did a fictitious name for our actual truck's operating name. So we are XXX, LLC dba XXX food truck.

[Treefarmer]

Thank you for the kind words! So my question is, is a DBA, and by this I presume you mean operating a "business" under a ficticious name, able to be in existence without an LLC? I first filed our LLC "umbrella" and then did a fictitious name for our actual truck's operating name. So we are XXX, LLC dba XXX food truck.

When we dissolved the LLC, we went to the bank to close down the LLC business account. This is a small town, where everyone is known by first name, and the bank lady asked us why we wanted to close our business account. We told her that we had dissolved the LLC and she said there was no reason to close the account, just rename it, FIRST M LAST dba XYZ CONSTRUCTION.

We followed her advice and that's the way it's worked for us ever since. We never even filed any paperwork on the DBA, it only exists on the bank account.

I should add though that ever since the housing market crash of '08 we have not handled any large contract jobs and DH is semi retired. We are anachronisms of a bygone era, handling only lawful money cash and making oral contracts, with a hand shake only. We live in a rapidly shrinking world of no codes or building inspectors, perhaps the last place of its kind.

[David Merrill]

Hello All,
I am a brand new member of the suitor club so I apologize in advance...
I have been following this site along with a few others just trying to grasp hold of the hold idea of redeeming lawful money. I get it, I do. I've ordered my stamp and I plan on implementing this remedy on everything I do.
The long and short of it is I am a 30 y.o business owner who is just getting started. I purchased a mobile food unit in October and we are set to launch in about a month or so. I presume most all of our sales will be cash with a few exceptions where customers may utilize Square-Up https://squareup.com/...payment from a smartphone.
What are the definitive steps someone like myself would need to do in order to rid myself of the IRS in all my business dealings. I have no accounting or business background (the business aspect I'm leaving to my fiance). To be honest I am completely lost with the whole accounting aspect of it. Being a 30 year old female, when I explain what I am doing to my friends and collegues they are totally lost and more or less look at me like I have 10 heads. Yes, I am quite ahead of my time But have no one to help me. We've filed our LLC and DBA with Pennsylvania. Being as though we created our LLC back in October and are not even up and running- thus no income- I have just been filing zeros on my quarterly statements.
Any suggestions or help or feedback would be most appreciated!

Congratulations! Welcome to StSC too. It is wonderful to have you along.

Hello Jmi52, welcome to the club.

Trading goods and services for cash is a great thing in my experience, because with cash one does not have to beg a bank to give it utility, as one does with a check, at which point one may be considered to be engaged in a "trade or business" with the United States. That would be taxable.

You cannot expect to "rid" yourself of the IRS when you apply for a TIN and an LLC. That is akin to jumping in bed with the IRS.



DH and I once had an LLC and it proved to be a complete waste of time and resources for us. Our tax payments were always higher than our income (popular meaning of the word), after we paid all the bills.
Great way to go into dept.

We dissolved the LLC and went back to business as usual, dba XYZ CONSTRUCTION (DH is a carpenter), except we only accept lawful money for payments anymore.
This works much better for us.

We are not required to file 1040s anymore, because our numbers are too small, but we file 1040EZs anyways, for the EIC and other reasons.

Regards

I do not see how that will work for your business with fast food customers flashing their cell phones at your scanner to pay within a second's time while you crank out 90 Minutes of work for a full day's wages. That electronic edge is obviously built into your business plan.

The only method I can think of depends on:


They shall be redeemed in lawful money on demand...

So make your demand and then do whatever it takes to do business and thrive. There are some threads where I outline the process here. Search my posts please. The process is to get your evidence repository set up and notify the nearest Federal Reserve Bank. You serve this notice to your bank and that is done. You have this all done and in your evidence repository and get ten certified copies - that ten will last you 2.5 years; understand? You submit one as an attachment with every quarterly filing of $0 taxable income.

If the IRS gets nasty about it then you talk with them (get everything in writing though). If there is something wrong with redeeming lawful money then we are all interested in hearing about it. Especially me.



Regards,

David Merrill.