Sunday, November 24, 2024
Friday, November 1, 2024
Wednesday, October 30, 2024
TIP #1: BE PREPARED WITH IRREFUTABLE PROOF. Tip #1 happens before you actually get to the court system and that is to be prepared with irrefutable proof and if you haven't checked out my video on how to select the right attorney you might want to check that out I'll link it in the cards above because in that video I talk about how important it is that your attorney dedicate the time necessary to prepare for your case they say the devil is in the details and that is so certainly true a narcissist or someone with a narcissistic patterns of behavior they are going to throw lies and false accusations so your attorney needs to know all the details of your case backwards and forwards so please check out the video on how to select the right attorney but being prepared before you go into court is actually going to be the first thing you can do for yourself I knew what my ex is going to accuse me of based on his patterns of behavior I always knew oh I better have this because he's likely going to say that it just became natural for me to and so it just became natural for me to over prepare and fully prepare for what ever he might throw my way tip number one just to be fully prepared know your facts know your stories something happened a year ago that you're just now going to court for don't assume you remember every facet study like you're studying for an exam because if you're put on the stand you're going to have to be able to recall facts so have those facts in your head before you go to court narcissist count on people not spending the time to detangle their web of Lies so being as prepared as possible when you go to court is going to be very very helpful.
Tuesday, October 29, 2024
Wednesday, October 16, 2024
1:44. We had FinCEN launch an attack on the small business owner because they're going to stop money laundering, John. So John offers a course on how to legally avoid reporting to Fincen. December 7, 2023, FinCEN discussion. Dick Allgire.
1:55. Oh yeah, they're going to solve that problem that they haven't solved since World War II. And also threats to National Security and all that jazz. Yeah, they're going to solve it by getting the little guy to report his data, i.e., taxpayer information.
2:05. Yeah, because, you know, because when real money laundering and real criminals, they like to use LLCs, John. Like my barber, I'm going to tell my barber that he better go ahead and register. He could be involved in financial crimes.
2:24. Also because FinCEN doesn't get to see the money moving in and out of your account, only the bank does. Yet FinCEN is going to police, what, your data?
Monday, October 7, 2024
Legal Principles of Divorcing the State
JOHN JAY SINGLETON: Financing Real Estate Investments
Monday, May 13, 2024
John Jay Singleton on Tax Secrets
Friday, April 26, 2024
Client Examples and Investing Basics
Wednesday, April 17, 2024
JOHN JAY SINGLETON: How to Make More Money also Amazon Deal
Friday, March 22, 2024
Taxes, LLCs, and Surveillance by John Jay Singleton
[Robert Kawasaki is] aware that there's a complete surveillance grid on everybody. --John Jay Singleton
The problem that people have is that the IRS has been given police authority.
It's a system that you can play.
Taxes are voluntary?
How did you incur a tax liability?
IRS is another financial risk. W4 is not legally required, but you will only get hired if you do it.
Taxes are mandatory; just don't put yourself in the way.
Average Joe who signs a W-2, works a 9-5 better pay their taxes because
Wages are only paid to public employees, but they're never going to acknowledge that. They're going to say that everybody who signs a W-4 is a wage earner.
4:00 IRS doesn't always have the right to do something, but they have the power to do it. The IRS is an accounting firm for the United States. If there weren't the IRS, it would be Ernst & Young, there'd be somebody else. The problem that people have is that the IRS has been given police authority. They have to make that distinction. If you understand how the police work, I mean we understand how the police work, we created them. So we understand what rights we have like that, we understand when those rights are being abused. Mostly we know what kind of remedies we have. So it's the same thing with the IRS.
4:22 So you're saying "Good luck to you in court . . . ."
4:25 You're not going to get anywhere. Look, if you don't want the wage item, then don't have wages. Go find to make money as a professional, or organize your income in a way that doesn't create a tax liability, or you can minimize it. Some people want to file returns, okay, well in that case you can pay less by getting deductions and real estate is the best way to do that.
4:44 We have a friend that you were talking to the other day about this and about you, and he hired a team of lawyers to do "Jump LLCs." I'm sure you've heard of these, which is a Wyoming or Nevada LLC because there's more privacy involved . . .
5:10 They're brands. They're just brand names.
5:30 If a PMA LLC works so well, why don't more accountants and entrepreneurs know about it.
5:40 The accountants I explain it to totally get it, they think it's great, and they'll never do it because they're afraid of the IRS. They think they're going to get caught at something. Even my own clients think the way they talked to me a year later, tells me that they think they're getting away with something. When I get that sense from them, I tell them, "Don't act like you're getting away with something, okay? All you've done is change your property rights so that you don't have a liability. Most people don't know how to do that, or if they do they're not willing to do it. I've done videos for 30 years and I'm more open about it now. Back in the early 2000s, I was writing books. How fast does that get out? But on YouTube, it gets out really fast. I offered several CPAs to do the Determination Letter on the cryptos and they don't want to touch it. But I'm getting the IRS to give me a letter back, saying, "You're right. The cryptos are not taxable."
6:47 Like you have said, attorneys, accountants, and even doctors, we're all worshipping our license, and we're so afraid that we're going to upset our licensing gods that we don't touch anything that we never learned about.
7:00 How is that a measure of doing something legal anyway, right, if more people do it that makes it legal?
7:06 Yeah, it's that herd mentality.
7:07 It is. And you know, the high net-worth people, I don't do this. I'm nowhere near this universe. But there are people who use life insurance and loans perpetually to increase their net worth immensely. That's the minority. Why aren't the rest of us doing that? Because we don't know about it. Doesn't make it illegal. You might think it's illegal because a politician gets elected and he becomes a millionaire if he's not already because he gets connected to these people. That's all.
7:44 Do you think people like Robert Kawasaki and others like him know these types of structures, and use them but don't openly talk about it?
7:54 Maybe. I don't think they care though. Those guys just have an accountant. They tell the accountant to "give me the most deductions. What do I have to do to get the most deductions? What do I have to do to get the most write-offs?" And that's all they care about, and that makes total sense. For them, that makes sense.
8:09 So they're not worried about privacy and liability?
8:15 I don't perceive that. I've listened to a lot of Robert Kawasaki's publications, videos, and books. I've read them and I don't know if that is something that he's concerned about. He's concerned more about the effective use of capital, and return on investment. We all have our things. Mine are consumers being exploited. His is in increasing your net worth. So that everybody has his own area of expertise, but I don't really believe he cares about privacy. He's aware that there's a complete surveillance grid on everybody. I don't think he really cares.
8:46 Great. So you would say to the person who is doing all of this, spending thousands of dollars on attorneys, creating all these different LLCs to protect themselves and still paying income taxes on their LLCs
9:04 They're just doing it unnecessarily. Let me just pose something different.
Sunday, February 18, 2024
Bubble Popping?
So…. What’s coming. https://t.co/oVzY3gwEYU
— Wejolyn 🇺🇸 (@Wejolyn) February 19, 2024
Look for Tommy Tuberville.