This was sent to me:
As if we didnt have enough to get upset about!
If you have a gun, I hope it isn’t registered!
Senate Bill SB-2099 will require us to put on our 2009 1040 federal tax form all guns that you have or own. It will require fingerprints and a tax of $50 per gun.
This bill was introduced on Feb..24, 2009, by the Obama staff. BUT..this bill will only become public knowledge 30 days after the new law becomes effective! This is an amendment to the Internal Revenue Act of 1986. This means that the Finance Committee has passed this without the Senate voting on it at all.
Trust Obama?…… you must be kidding!
The full text of the IRS amendment is on the U.S. Senate homepage, U.S. Senate http://www.senate.gov/ You can find the bill by doing a search by the bill number, SB-2099.
| You know who to call; I strongly suggest you do. Please send a copy of this e-mail to every gun owner you know.|
Text of H.R.45 as Introduced in House: Blair Holt’s Firearm Licensing and Record of Sale Act of 2009 – U..S. … OpenCongress http://www.opencongress.org/bill/111-h45/text
Obama’s Congress is now starting on the firearms confiscation bill. If it passes, gun owners will become criminals if you don’t fully comply.
It has begun . . .Whatever Obama’s secret Master Plan is…..this is just the ‘tip of the iceberg!’
Very Important for you to be aware of a new bill HR 45 introduced into the House. This is the Blair Holt Firearm Licensing & Record of Sale Act of 2009.
Even gun shop owners didn’t know about this because the government is trying to fly it under the radar as a ‘minor’ IRS revision, and, as usual, the ‘political’ lawmakers did not read this bill before signing and approving it!
To find out about this – go to any government website and type in HR 45 or Google HR 45 Blair Holt Firearm Licensing & Record of Sales Act of 2009..
You will get all the information.
Basically this would make it illegal to own a firearm – any rifle with a clip or ANY pistol unless:
-It is registered -You are fingerprinted -You supply a current Driver’s License -You supply your Social Security # -You will submit to a physical & mental evaluation at any time of their choosing -Each update – change or ownership through private or public sale must be reported and costs $25 – Failure to do so you automatically lose the right to own a firearm and are subject up to a year in jail. -There is a child provision clause on page 16 section 305 stating a child-access provision. Gun must be locked and inaccessible to any child under 18. -They would have the right to come and inspect that you are storing your gun safely away from accessibility to children and fine is punishable for up to 5 yrs. in prison.
If you think this is a joke – go to the website and take your pick of many options to read this. It is long and lengthy. But, more and more people are becoming aware of this. Pass the word along. Any hunters in your family pass this along.
This is just a “termite” approach to complete confiscation of guns and disarming of our society to the point we have no defense – chip away a little here and there until the goal is accomplished before anyone realizes it.
This is one to act on whether you own a gun or not…
Search Results – THOMAS (Library of Congress) target=_blankhttp://thomas.loc.gov/cgi-bin/query/z?c111:H.R.45
H.R.45: Blair Holt’s Firearm Licensing and Record of Sale Act of 2009 – U.S. Congress – OpenCongress http://www.opencongress.org/bill/111-h45/show
H.R. 45: Blair Holt’s Firearm Licensing and Record of Sale Act of 2009 (GovTrack.us) target=_blankhttp://www.govtrack.us/congress/bill.xpd?bill=h111-45
Please.. copy and send this out to EVERYONE in the USA , whether you support the Right to Bear Arms or are for gun control. We all should have the right to choose.
I refuse to allow anybody to nullify the 2nd amendment!

When you file your 2008 individual tax return, you will use one of three IRS tax forms. Be sure to use the simplest form you can, which will help you avoid costly errors or processing delays so you won’t have to wait to receive your refund. Each of these forms can be filed electronically, which speeds up the processing of your return.

Use the 1040EZ if:
• Your taxable income is below $100,000
• Your filing status is Single or Married Filing Jointly
• You (and spouse) are under age 65 and not blind
• You are not claiming any dependents
• Your interest income is $1,500 or less

Use the 1040A if:
• Your taxable income is below $100,000
• You have capital gain distributions
• You claim certain tax credits
• You claim deductions for IRA contributions, student loan interest, educator expenses or higher education tuition and fees

If you cannot use the 1040EZ or the 1040A, you’ll probably need to file using the 1040. You must use the 1040 if:
• Your taxable income is $100,000 or more
• You claim itemized deductions
• You are reporting self-employment income
• You are reporting income from sale of property

When preparing your return, be sure to carefully check the instructions for the appropriate form. All IRS forms and instructions can be found on our Web site, IRS.gov.

Übler Klammeraffen-Mißbrauch; was soll das sein, ein Globätl Handy?

Buster wer? Ach so!

Many of you out there have suffered some pretty substantial losses in your portfolios.  In an attempt at damage control, many are attempting to harvest those losses, and receive some tax relief.

Let’s go over some of the basics.  If you sell stock and lose money, it’s what’s referred to as a capital loss.  A capital loss is claimed on your tax return as a reduction to ordinary income.  You can only claim up to $3,000 in any given tax year ($1,500 if Married Filing Separately), unless you have gains to offset it.

For example, let’s say that you lost$112,000 on a series of trades earlier in 2009, and then had a $100,000 profit later in the year.  You would offset the $100,000 capital gain with your $112,000 capital loss, leaving you with a capital loss of $12,000.

You could then deduct $3,000 from your ordinary income, and carry the remaining $9,000 loss over to the following year (2010).  Again, if you didn’t have any gains to offset your loss, it would be depleted in 3 years.

For the most part, capital losses can be claimed until they are depleted.  The only real exception is in the event of the taxpayers death.  When someone dies, their capital loss dies with them.  This is especially important to be aware of if the spouse with the loss predeceases the one without a loss.

Excess capital losses are forfeited, and cannot be carried over to the surviving spouses 1040.  If the property was owned jointly by a decedent and a surviving spouse in a community property state, logic would dictate that the survivor would be entitled to half of the loss.

If you want to make a difference in the direction our Government is heading, you must focus on the river of money that is fleeced from the working American people every year on April 15th.

The charade begins when your boss has you fill out a W-4 on your first day of work and you Voluntarily enter into a private agreement with the US Government to have your earnings treated as if they were “wages” unknowingly entering you into indentured servitude (there is no better or accurate definition).

Read about a most important criminal trial that is about to begin, 20 Oct 2009, in Michigan. The IRS has quelled this case with a zero publicity campaign. That mere fact should be enough to get your eyes on the trial itself.

The accused is one Peter Hendrickson, author of Cracking the Code: The Fascinating Truth About Taxation in America.

The argument:

Did Peter Hendrickson believe the testimony he made on his income tax returns when he claimed that his private sector earnings were not legally taxable income under the Internal Revenue Code’s own definition of “wages?”

Pay close attention here!

The argument is not whether Peter Hendrickson’s earnings were “wages” or not, but whether or not Peter Hendrickson believed what he was signing when he signed his 1040 for the last 6 years plus. In other words, the DOJ is pressing charges against Pete Hendrickson for what he believes, not what is fact based on their own legal definitions.

This trial is huge, and no news agency is covering it!!!

WHY? Imagine if the government can dictate what your sworn testimony must be?

“And David reached into his bag, and took out a stone.”

Good Morning everyone,

Today is the last day to file your 2008 Income tax returns.  If you need any assistance please contact me at 972.569.7938 or saprpm@yahoo.com

The Oct. 15 deadline is fast approaching for millions of taxpayers who requested a six-month extension to file their 2008 tax returns.

It’s also the deadline for special voluntary disclosures by taxpayers with assets in previously undisclosed offshore financial accounts.

In most cases, Oct. 15, 2009, is the last day taxpayers may timely file their 2008 federal tax returns. The IRS expects to receive as many as 10 million tax returns from taxpayers who used Form 4868 to request a six-month extension to file their returns. Some taxpayers, for example, may have requested a filing extension to claim the first-time homebuyer credit for a home purchase that closed after the April 15 deadline.

Some taxpayers can wait until after Oct. 15 to file. This includes those serving in Iraq, Afghanistan or other combat zone localities and people affected by recent natural disasters.

First-Time Homebuyer Credit

First-time homebuyers who purchased a home in 2009 may be able to receive a credit of up to $8,000 for home purchases that closed since the beginning of the year. First-time homebuyers who purchased a home in 2008 may be able to receive a credit of up to $7,500. The 2008 credit must be repaid over 15 years.

The credit is claimed on Form 5405. See the First-Time Homebuyer Credit page on this web site for more details.

El ser humano puso mucho empeño y esfuerzo para llegar a conseguir instantáneas fotografías, es decir poder “capturar” determinado momento de la realidad en una imagen de forma inmediata. Varios contribuyeron a llegar a la meta con sus investigaciones, persiguiendo por un lado reducir los tiempos de exposición y por el otro conseguir soportes prácticos.

Uno de ellos fue Charles Bennett, fotógrafo británico que en 1878 presentó su placa seca recubierta por una mezcla de gelatina y bromuro de plata con la cual consiguió rebajar el tiempo de exposición a un cuarto de segundo. Fue un gran avance en el campo tecnológico de la fotografía. Hasta aquí nada raro, pero ¿y cómo mostró Bennett su nueva técnica?

Pues con un experimento bastante macabro la verdad. Situó a una mula delante de la cámara, colocó una carga de dinamita debajo de la cabeza del animal y conectó el interruptor que controlaba el detonador a la cámara con el objetivo de que justo cuando la dinamita hiciera explosión la cámara disparara. Y la imagen que veis justo debajo es lo que obtuvo, una fotografía que ilustra a la perfección las mejoras en tiempos de exposición conseguidas por Bennet.

La verdad que no comprendo por qué eligió un ser vivo para hacer el experimento, explotar una pelota en vez de la cabeza de una mula hubiera sido igual de eficiente como prueba de las mejoras conseguidas. Supongo que lo hizo así para llamar la atención todo lo posible.

According to news reports, “Girls Gone Wild” founder Joe Francis has pleaded guilty to two misdemeanor counts of filing false tax returns and one count of bribing Nevada jail workers in exchange for food. The plea deal will allow him to avoid further jail time in a tax case that spanned two states and several years. In the agreement, Francis acknowledged omitting nearly $563,000 in interest income on his 2003 tax return.

When you sign your tax return, you are accepting responsibility for the accuracy, completeness, and truthfulness of what you reported. And if the IRS determines that you intentionally included or omitted information that fraudulently reduced your tax obligation, you could be in trouble.

The lesson here is simple and clear: Tell the truth on your tax returns. And don’t accept advice from anyone who tells you otherwise.

Tax question answered

I had always wondered how Wesley Snipes got off on 3 charges for not filing his tax returns and was guilty on the other 3 charges. Thanks to Taxanswers response, now I know!

I asked,”Didn’t Wesley Snipes get busted for not filling out his tax returns?”

His response:

EnjunJoe –

Yours is an excellent question. The simple answer to your question is “no” but there is much more to the court case.

Snipes was charged with one count of Conspiracy (a felony), one count of Income Tax Fraud (a felony), and six counts of Willful Failure to File (all misdemeanors). He was found innocent of the conspiracy charge and innocent of the fraud charge.

His six counts of Willful Failure to File fell into 2 categories. The older 3 charges involved 3 years where Snipes filed tax returns showing zero income and zero taxes due. Yet he attached at least one Form 1099 to each return without presenting evidence why the Form 1099 showed money that DID NOT constitute “taxable income” as the IRS defines the word. You cannot show a Form 1099 and claim no income at the same time unless you document WHY the “income” shown in the 1099 was not subject to taxation. Let me explain.

A Form W-2 or a Form 1099 is a claim that you made money that is subject to taxation. When you attach either to a Form 1040, you are “claiming” that you made money subject to taxation. By filing the way he did, Snipes was claiming taxable income while claiming no taxable income and no taxes due at the same time. You cannot do that, and Snipes found that out.

Snipes claimed that he believed that he made no taxable income for those years and that was why he had indicated zero income and zero taxes due on that income. The IRS convinced the jury that Snipes broke the law, and he actually did. Snipes did not convince the jury otherwise and it found him guilty as charged.

The most recent 3 Failure to File charges were a different matter. He actually filed no returns for those years. He had learned that to claim on a tax return zero income and zero taxes while attaching a form 1099 that declared income to that same return was illegal. Since he still believed that he made no income that was taxable, he discovered that he was not required to file a return at all for those years. So he filed no return at all for those three years. For those three years that had no return at all, the IRS could not prove it was illegal and it dropped the charges.

In other words, Snipes proved that if you honestly do not believe that you earned taxable income, it is better to not file at all than it is to file a return trying to claim no taxable income.

Snipes is currently out on bail and appealing his conviction of 3 counts of Willful Failure to File.

Thanks for the info!!

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