"Hello, I'm with the IRS and I'm here to help you."
That's one of five basic lies we learn in life. It's sad that it happens on a daily level at the Internal Revenue Service. Many law-abiding citizens seek tax guidance from the IRS, only to find this government agency not liable for the advice it gives.
During Senate hearings held last year, many people came forward to testify on their frightening experiences with the Internal Revenue Service. The names were change to keep them from being audited again. Take for example Bill Davenport. He was obviously making too much money for his own good. Bill was looking for a tax shelter, and he ended up looking for shelter.
"My home belongs to the IRS and every attempt to negotiate is met with a brick wall. In 1992 an investment counselor that would allow me to enter into the music/record business brought me an investment. This investment promised some tax advantages so I met with the IRS to insure legality. I was informed by the IRS that the investment was sound. Upon making the investment and taking the tax credits in 1993, I was audited in 1996. The tax credits were denied. The IRS applied interest and penalties, which made the amount owed impossible to pay. Liens were placed on my home. Because of the liens my credit was ruined. Because of this I was unable to get loans to pay off the liens. This year I found a funding company that would work with the IRS to negotiate the amounts owed and give me a second mortgage. The IRS refused to negotiate and instead is in the process of increasing the lien amounts for additional interests and penalties. So far, an $18000 tax saving, originally approved by the IRS, has resulted in $62000 debt to the IRS. During my last conversation with an IRS agent, I was told that the only way they would negotiate was if I sold my home and gave them all of the equity plus $1500. When I asked the agent where he expected me to find housing, I was informed "that's not my problem".
It's important to note that Bill came to the IRS for the right answers, used the information, and paid dearly for it. Remember that the weight of the audit is on the accused, not the accuser. It's high stakes poker. You're asking for a fair hand, and guess who's dealing the cards?
Another example below shows the IRS won't be the least bit apprehensive in drumming up business when they need it.
The only safe way to ensure your finances aren't prone to this sort of attack is by doing what thousands of other Americans do; invest offshore! The tax advantages and investment profits have and always will be a safe haven for the smart investor who want to keep his or her fair share for their family.
IRS Horror Stories - Politically Correct
"On Friday, August 8, 1997, at approximately 8:30 a.m., I was returning home from the vet's office with my neighbors sons, Russell and Richard. I saw two or three police cars and a big flat bed tow truck blocking my way out of the parking lot. One police Officer, James Schott, came over to my car and asked, "How are you today?" I answered, "I'm happy and joyful". He seemed nervous, looking around at other people who were coming closer to my car. I didn't know what was going on. I thought they were going to have to move those vehicles so that I can go home. The officer Schott then asked me nicely to get out of the car. I said "why?" Before he had a chance to answer, another man, Daniel Dockum, very rudely commanded me to get out of the car. I said to him, "who are you?" He answered in a very intimidating manner; "You'll find out, just get out of the car and tell the boys to get out too." I grabbed my purse and opened the door. I told the boys to go ahead and also get out. Officer Schott asked, "Are you Denise?" I said, " yes." Then he said, "These are federal agents, do you know her?" pointing out a girl who was walking towards me. I said "yes" after recognizing her to be Revenue Officer C. Barron.
Ms. Barron walked up to me and handed me a copy of Publication one. She said, "Are you prepared to pay six thousand three hundred ninety nine dollars and eleven cents". I answered "For what, I don't even have a checkbook with me". She said, "I am taking your car." Three more people in suits came walking towards me. Some came from a dark blue car and others from a gray van. I did not know these people. No one was introduced or showed me any identification even after I asked. " Do you have a court order signed by a judge?" I asked. Daniel Dockum got right in my face, I could feel and smell his breath, and said, "She doesn't need a court order, here is her authority", and somebody handed me IRS Form 668-B, Levy. Turning to Officer Schott, who looked confused, I said, "She can't take my car, without an order from the court signed by a judge, don't I have any rights?" Daniel Dockum shouted "NO". I said to Officer Schott, "We have not been in front of a judge yet, she has no court order, are you going to let her steal my car?" Officer Schott faced me. I think I saw a little compassion in his eyes, and he said, "Look I'm just a Pompano Beach police officer, these people are federal agents, you will cooperate with them and not give anybody any trouble or I will have to put you under arrest". With the boys in my care for the day I knew at that moment that it was useless to assert myself or insist on my rights. I felt like I was starting to cry. I was very angry. I felt like this gang of thugs was violating me. There was no one to help me."
Just put yourself in that situation. Can you imagine being surrounded, with no one there to help? The term "violated" is being too kind. And the equal justice provision in the IRS Collection division doesn't just stop on women. Give us your sick, your tired, your hungry…taxes.
***Here's another nightmare! "In 1976, my mother owed $300 in taxes. They were not paid due to the fact that she was diagnosed with cancer and given 12 weeks to live. In May, as she lay dying, two IRS agents showed up at my house where we had moved my mother to take care of her. They told me they were friends and had come to visit. I took them to her room where they introduced themselves as IRS agents and served her with papers to confiscate everything she owned. She was too weak to sign the paper but did make an X and I signed for her. On that day, they took everything she owned, even the soda bottles at her place of business! She died within the week."
Can YOU felt her pain? There is a way you can protect yourself from taking the full brunt of an IRS attack. Consider offshore investment. It's protection for you and your finances. Better yet, it's the smart way to protect your children's or loved one's financial future.
Should you have information or know of a product you feel would be of interest to others, please let us know so we can get the information out. Knowledge is power and it is important that big brothers abuse and arrogance of power is brought to the attention of the masses. Then and perhaps only then will the erosion of our right to privacy and personal property be stopped. The founding father's of the united States (correct spelling) rebelled against England when the tax rate was something like 4% without representation. Now the various tax rates are approaching upwards to 60% not including sales tax, misc. consumption taxes, etc.
We hope the reports and information throughout our site will help you acquire wealth and help you keep it. Enjoy!
"Mehr sein als Schein" (Be more, seem less!)