1st Return Redeeming Lawful Money

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  • Darkmagus
    replied
    Originally posted by EZrhythm View Post
    Why are you waiting for next year? Why not demand lawful money "nunc pro tunc" this year and years past and collect those refunds!
    Please explain

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  • David Merrill
    replied
    You are welcome Francon. That will be worth it - 7 months. For less than a quarter or so, it does not seem worth the confusion for filing a partial tax year.

    Leave a comment:


  • Francon
    replied
    Thanks David

    I appreciate all the information that you've provided. I'll likely take a shot at filing in 2015 with the 7 month of lawful money deductions. In the mean time, I'll keep up the research.

    Francon

    Leave a comment:


  • David Merrill
    replied
    Originally posted by Francon View Post
    Hello,

    I've been reading through the thread. I started redeeming my paychecks for lawful money in mid year. I'm curious about what happened to your case after the IRS sent you the corrected return. I'm assuming that you never heard back from your congressman. This is my first post. Thanks everyone for your time commitment posting year.

    Regards,

    Francon
    Hi Francon;


    Welcome to 'Saving to Suitors' Club!

    It might be helpful for you to PM the member when you make an inquiry. He or she may not be monitoring the thread or even reading the site lately.

    Leave a comment:


  • Francon
    replied
    Hey Froze, Do you have an Update?

    Hello,

    I've been reading through the thread. I started redeeming my paychecks for lawful money in mid year. I'm curious about what happened to your case after the IRS sent you the corrected return. I'm assuming that you never heard back from your congressman. This is my first post. Thanks everyone for your time commitment posting year.

    Regards,

    Francon

    Leave a comment:


  • David Merrill
    replied
    Done at one time with the same effect as if done at another time.

    Leave a comment:


  • Sealhunter31
    replied
    Originally posted by EZrhythm View Post
    Why are you waiting for next year? Why not demand lawful money "nunc pro tunc" this year and years past and collect those refunds!
    What is nunc pro tunc?

    Leave a comment:


  • Johnny
    replied
    First time lawful money return worked !

    Thank you for all the help on this site. I have been absent with no computer but now can post.

    My circumstances involved selling homes and capital gains liabilities. The state of Colorado and the title company taxed me on the premise that I would owe capital gains to the IRS. One form from the title company asked the question, and stated that I could only answer this question with a yes or no answer. The question was, " Did you only receive Cash or did you receive cash and other considerations? Since the check from escrow was deposited demanding lawful money I wrote that I only received lawful money demanded pursuant to title 12 USC 411. The state of Colorado received the tax return on the 22nd of April and cut a check for me on July 15th. It is interesting that the check did not arrive until July 29th. I really appreciate all the help, thanks, Johnny

    Leave a comment:


  • BigBlueOcean
    replied
    Take the return receipt to the post office and have them print out the electronic record showing the name and signature the person wrote down.



    Originally posted by froze25 View Post
    Guess what was in the Post office Box when I got home the return receipt card stamped, not signed "received April 8, 2014" I will post it scanned later tonight when I get a chance.

    Leave a comment:


  • BigBlueOcean
    replied
    3877 Form and Title 15 for the IRS

    An addition to seal the witness to any mailing is the use of a Firm Mailing Book of Accountable Mail obtained free from the Post Office.
    The Form 3877 Accountable Mail book is the Postal Clerk's inspection of who the mail is addressed to and the count of mailpieces and the postal clerk signs it making the clerk signature and the signature on the Return Receipt Two Witnesses !

    Here is a case involving the IRS that the court discusses the Form 3877

    Leave a comment:


  • David Merrill
    replied
    Thank you and welcome Geetika!

    Leave a comment:


  • Guest
    Guest replied
    Child custody

    Child custody


    I am glad to know more about this website..Very great knowledge on this website about Child custody..Government is an insurance policy. I lay my claim when I pull a car onto the road or even accept police protection (presumption). I think this is demonstrated especially when I enter into the downtown district of the city. I hear that is where police protection originated; a safe place for meeting between commercial vendors and customers. Thanks for sharing all that great information..For more information you can visit on this website:
    cherylsteinesq.com

    Leave a comment:


  • LearnTheLaw
    replied
    Originally posted by froze25 View Post
    http://www.federalreserve.gov/aboutthefed/section16.htm ) and provided me with a return as filed?
    The Supreme Court has adjudicated on this and has determined that Federal Reserve Notes can act as Lawful Money if such a demand has been made. My demand has been made (shown on each paycheck's endorsements that I included with the 1040) to be given Lawful money so my return should reflect that I have only received Lawful Money for those paychecks that show that a restricted endorsement was made and should not be treated as Private credit extended by the Federal Reserve Banking System known as Federal Reserve Notes.
    To be clear I am NOT asking for gold or any other metal considered to be precious.
    I am asking that my income be treated as if it were US Treasury Notes (Lawful Money) and have the Tax Liability applied to my earnings as if I received US Treasury notes and/or Lawful money as I have indicated on my IRS 1040 that I submitted. It has always been my intention to use Lawful Money.
    If you look at Title 12 USC 417 found here http://www.federalreserve.gov/aboutthefed/section16.htm In section 7 of the webpage, it is clear that there is a distinction between Federal Reserve Notes and Lawful money.

    Please include me in any correspondence that you have with the US Treasury Department on my behalf.
    I wish only to have the Tax Liability, if any applied to me that is Lawfully required for receiving Lawful money in exchange for my labor and would like my original questions answered, not ignored and my demand under 12 USC 411 honored.

    Truly Yours,

    Steven Edward

    Any updates to this Froze???

    Leave a comment:


  • Chex
    replied
    Social Security and Medicare is it a tax or is it insurance. Which is it?


    Trust Fund Taxes

    A trust fund tax is money currency withheld from an employee's wages (income tax, social security, and Medicare taxes) by an employer and held in trust until paid to the Treasury.

    When you pay your employees, you do not pay them all the money they earned.

    As their employer, you have the added responsibility of withholding taxes from their paychecks.

    The income tax and employees' share of FICA (social security and Medicare) that you withhold from your employees' paychecks are part of their wages you pay to the Treasury instead of to your employees.

    Your employees trust that you pay the withholding to the Treasury by making Federal Tax Deposits (PDF). That is why they are called trust fund taxes.

    Through this withholding, your employees pay their contributions toward retirement benefits (social security and Medicare) and the income taxes reported on their tax returns.

    Your employees' trust fund taxes, along with your matching share of FICA, are paid to the Treasury through the Federal Tax Deposit System.

    The withheld part of these taxes is your employees' money, and the matching portion is their retirement benefit.

    For additional information, refer to Employment Taxes and the Trust Fund Recovery Penalty (TFRP).

    Employment tax deposits are a current expense.

    Postponing paying them is not the same as making a late payment on your phone bill or to a supplier.

    Congress has established large penalties for delays in turning over your employment taxes to the Treasury.

    The longer it takes to pay that money, the more it will cost you.

    For more information, refer to Publication 15, Circular E, Employer's Tax Guide.

    Rate the Small Business and Self-Employed Website

    Last edited by Chex; 07-18-14, 02:59 PM.

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  • doug555
    replied
    Originally posted by David Merrill View Post
    I would like to reconcile perspectives.

    Government is an insurance policy. I lay my claim when I pull a car onto the road or even accept police protection (presumption). I think this is demonstrated especially when I enter into the downtown district of the city. I hear that is where police protection originated; a safe place for meeting between commercial vendors and customers.

    This (public) kind of insurance premium rate is governed by how much of the Federal Reserve's private credit is changing hands - a sales tax, or an income tax. Like in the mental model I just described though, the Federal Reserve is a private agreement, in at least that one can choose to contract (endorse private credit) or to redeem lawful money by demand.

    Social Security.

    "I" am using Social Security and Medicare... so "I" am willing to "pay" for those.

    However, "I" am NOT using FRNs, so "I" am NOT willing to pay for their "usage" in the form of a "Federal" (private) "income tax".

    Leave a comment:

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