This guide explains how credit processing mechanisms like IRS Form 1041, Form 1042, and UCC filings allow for lawful deduction, refund claims, and debt discharge. You’ll learn how to use bad debt deductions under IRC §453, how to treat 1099-OID and 1099-B income, and how structured deposits to banks may qualify as lawful credit tenders. Designed for trusts, estates, and foreign or ecclesiastical entities, this strategy aligns contract law, tax law, and commercial paper. Explore how to convert paper obligations into lawful credits and reclaim financial standing.
Corruption within the judicial system, including fraudulent accounting, improper banking practices, and organized crime, poses a severe threat to justice and financial stability. Fortunately, whistleblowers have powerful tools at their disposal to report such misconduct to the Department of the Treasury – Internal Revenue Service (IRS). Two of the most effective mechanisms for exposing financial fraud involving corrupt courts, clerks, judges, and officials are IRS Form 3949-A (Information Referral) and IRS Form 211 (Application for Award for Original Information).
Explore the secret ties between major entities like Bank of America, Chase, Wells Fargo, and the IRS, all controlled under Northern Trust Corporation. Learn how these financial powerhouses, alongside the American Bar Association, work together to dominate the legal and financial systems. Delve into their interconnected influence and how it shapes the role of government agencies and banks in America. Uncover the truth behind this corporate web and its impact on society.
Form 1099-A, titled “Acquisition or Abandonment of Secured Property,” is utilized for the “Abandonment” or “Acquisition” of secured property. The […]