|
|
|
|
|
Financial Wealth
Business & Finance Articles
IRS Enforced Collection
By:
Randy Anson
IRS Enforced Collection- now there is a term that will get your attention. I get certified mail from IRS every day on behalf of clients. Even though I have no tax problems myself, every day I catch myself flipping through that ugly stack just to make sure my name isn't there.When I do get a letter from them about me, as we all sometimes do, shivers run through me like a bolt of lightning.
Fear is the main weapon of the IRS. Just ask anyone with an Internal Revenue Service Revenue Officer breathing down their neck. As many of you know, a threat is much more powerful than the execution of the same threat. If you have kids, you know how that works. Don't threaten them, it won't work when you have to follow through. Same with the boys and girls at the IRS.
With the boys and girls at the IRS, as I affectionately call them, fear has to be used as they often can't or won't execute. Even though the Internal Revenue Service has a lot of power, the power of the IRS is perceived to be much greater than it is in reality. To be perfectly frank, Homeland Security and the Bush Administration worry me much more than the IRS in terms of denial of due process and just plain abuse of citizens and residents.
Take for example the threat of prosecution by the Internal Revenue Service. The hingepin of IRS Power is the abiltiy to take you to the slammer. They are extremely successful in their prosecutions with 84% of convicted tax cheats going to prison. So if the IRS decides you are going to prison, you probably are. Wait though, that's not the whole story. The IRS statistics reflect that only about 4000 investigations are done each year. World wide. In the Universe. Totally. Give me a break. I could find that many people with multiple years of unfiled returns and large unpaid tax bills in my files probably.
So what's the deal here? We have approximately 92,000 permanent IRS employees, and God only knows how many lawyers in Treasury and the US Attorney's office. The Government managed to put 1,777 people in jail, halfway house, or home detention (basically time-out) on IRS Criminal Investigations in FY 2004.
That's about one conviction for every 50 employees or so.
So how close do you think you are to the perp walk, the plastic handcuffs, club Fed?
This article was posted on August 26, 2005
http://www.universalwealthcreation.com
Wealth Creation | Financial
Wealth
Copying or
republishing this article is permitted with this footer
included
Collect a Free 260 page
ebook here: Universal
Wealth
Earn up to $1,000 per referral: Wealth
Creation Affiliate
These property,
finance, stock market & business articles have been supplied in the
interest of Universal Wealth Creations visitors who want to
expand their knowledge in the wealth creation & investment
fields. All the business, finance, stock market &
business articles have not been read as they are submitted
remotely, so if you find any questionable facts in here or simply do not
like it, please email webmaster@universalwealthcreation.com and we
will review the material. As we find time to do so, we will go through
all articles and remove any that appear not suitable. Other sites we
recommend here at Universal Wealth Creation are:
21st
Century Academy with
Jamie
McIntyre, Investor
Finance, Universal Trading Solutions which promotes great wealth
creators like: Kim Reilly,
Simon Martin,
Justin
Beeton, Louise
Bedford, John Kaye, Daniel Kertcher & more. They run great seminars
across the country. At times we will publish dates for these
seminars as they are made available around the counrty.
Meanwhile, there is a great opportunity to learn about the finance,
stock market & property investment field through reading these
kind of articles. Learn about share trading, options, futures, CFD's,
derivatives, warrants, indices & more in the stock market. You will
also learn plenty about business, finance & property
investing through authors opinions in the marketplace. Enjoy
your journey towards financial freedom. We hope you will enjoy your
visit.
Regards
Sean
Rasmussen -
Universal Wealth Creation Pty Ltd
Financial Wealth | Wealth Creation
Ebook | Wealth Creation Ezine | Financial
Investment Books | Kim Reilly | Jamie McIntyre DVD | Jamie McIntyre
Homestudy | FAQ | Jamie McIntyre
Testimonial | Wealth Creation Forum
| Wealth Creation Affiliate | Bourse Data | Australian Property |
JB Global | Justin Beeton | Investor Finance
| Guy Bower | 21st Century Academy |
Pacific Investor Group |
Forex Currency Trading |
Property Investment | Property
| Covered Calls | Property Sourcing | Property Articles | Business Articles |
Finance Articles |
Resource Directory | Jamie McIntyre | Business Opportunities |
Property Investing |
Share Trading | Renting Shares
| Australian Property |
Investor Finance Articles | Property & Finance Links | Wealth Creation DVD |
Perth Property | Adelaide Property | Brisbane Property | Hobart Property | Melbourne Property | Sydney Property | Australian Property | ASX Links | Work From Home | Making Money | CK Locke | IPO | Finance Review | Deposit Bonds | Bank Guarantees | Investment Tutorial
|
Site
Map