Saturday, June 23, 2012

How to STOP the IRS - Admissions By Omission Part 2.wmv

### Irs Form 1040 - How to STOP the IRS - Admissions By Omission Part 2.wmv.###
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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Irs Form 1040 . www.TheAmericanRepublic.com Let's recap the introduction. IRS can't verify any liability. Because I didn't provide any records. I'm supposedly required by law to keep records. But they didn't impose a penalty. Important a penalty, by definition, would be a liability. IRS asked that I "explain" -- within 6 months -- how I plan to correct my recordkeeping. Why would IRS not impose a penalty...if they could? When they told me I'm supposedly required by law to keep records, they said "the applicable provisions...are on the back". IRC 6001 conditions "required" upon "notice served or regulations" "Whenever in the judgment of the Secretary it is necessary, he may require any person, by notice served upon such person or by regulations, to make such returns, render such statements, or keep such records..." This is the issue I've raised for 15 years. We'll delve deeper into this in Part 3.
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