Let’s review who the IRS really is… the IRS is the accounting and collection division of the International Monetary Fund (IMF), the bankers, who the company owes money to.
They are the ones who enforce and oversee the bankruptcy of the ‘company’. They are really not your enemy… they are only doing what they were hired to do, and that is to keep track of the bankruptcy of the company. It is imperative we learn how to use them to our advantage as they can be a tremendous resource for us.
The Secretary of the Treasury is like the payroll clerk at ‘most any company you may work for. He acts in a dual capacity as both “payroll clerk” and receiver in the bankruptcy for the bankers.
With additional documents and letters not covered in this presentation one can call upon the Secretary, or the IRS, to adjust the accounts and “pay” the bills, taxes, and the like, that we have accumulated over time and have the debt incurred “paid off” using the pre-paid account that is waiting for us to use.
Now the question you may have is - "So all I have to do is accept the bill for the value I gave it when my labor was pledged and send it back to the party who sent the bill and they forward it to the Secretary of the Treasury and he will use my prepaid account to settle and close the account/debt?"
You got it. That’s basically how it works. We call upon the Secretary to do what he was hired to do and that is to make adjustments to the [our] account - to set it to zero when we incur, in the normal course of doing business (i.e.; living), things like:
- Car payments,
- credit cards,
- utilities, taxes, etc
- YES all of them!
Now lets talk about the 1099 OID...
Regards,
Edward
Posts
No comments:
Post a Comment