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Direct Deposit
Direct Deposit is a scheme used to not only hinder you as a human being to inter-vein and choose how you want your money to function, it is used to reduce paperwork. This is what most companies have gone to in order to pay there employee's. This instantly transfers funds to the bank of your choice which defaults to private credit from the FED. Which is an automatic loan to the bank from you each pay period for the bank to use those funds as they see fit. Now using the process of modifying the signature card for the bank account changes this as all transactions are demanded to be in lawful money regardless what type of transaction it is. This is attached to the account directly at that point and then can be acted upon. Which is a really nice work around.
W-4 withholding agreement
The W-4 from my understanding is indeed the original contract agreement to be paid in private credit script. This agreement is not mandatory as most believe. These are links to the eCFR Voluntary withholding agreements for title 26 Internal Revenue stating this fact:
https://www.ecfr.gov/cgi-bin/text-id..._3_61&rgn=div8
https://www.gpo.gov/fdsys/pkg/CFR-20...31-3402p-1.pdf
That said, if you still use private credit script or private credit in general, the fee's/liabilities generated are still owed.
They were generated from a different manner and must be paid at the end of the year.
Question: If the W-4 agreement was never entered into, yet lawful money demand was never put on record, is the fee still owed?
The truth is in the details.
Please inform me of any mistakes. This is my understanding of this subject.
Last edited by DTBA; 06-15-18 at 09:11 PM.
Reason: Request for reformatting and incorrect link to the ecfr
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