In this episode of the Radio Ranch, host Roger Sayles navigates through a variety of topics with his guests, touching on the complexities of tax filings and the intricacies of the IRS system. The conversation delves into the challenges faced by nationals in filing taxes, the potential for refunds, and the bureaucratic hurdles that come with dealing with the IRS. The discussion also highlights the importance of understanding the legal framework and the benefits of being a national, offering insights into how to navigate the tax system effectively.
Additionally, the episode explores the cultural and economic dynamics of China, referencing historical perspectives and current geopolitical tensions. The conversation shifts to personal anecdotes about Las Vegas, offering a lighter tone with stories of gambling and local attractions. The episode wraps up with reflections on the broader implications of financial systems and the importance of strategic financial planning, emphasizing the need for awareness and preparedness in navigating both personal and national economic landscapes.
This mirror stream is brought to you in part by mymyboost.com for support of the mitochondria like never before. A body trying to function with sluggish mitochondria is kinda like running an engine that's low on oil. It's not gonna work very well. It's also brought to you by PhatPhix, p h a t p h I x, dot com, and also iTero Planet for the terahertz frequency wand by Preif International. That's iTeroPlanet.com. Thank you, and welcome to the program. Forward moving and focused on freedom. You're listening to the Global Voice Radio Network.
[00:01:43] Unknown:
Yep. Alright. Well, we would too. We wanna do it so bad we get up on Saturday morning and come do these programs. And you wanna learn so bad, you get up and listen. How about that? So, Roger Sales here at Radio Ranch. It is the Saturday Sabado in Spanish edition on April. Excuse me. Is it the eleventh? No. It's the twelfth. And, it this is a Easter weekend's next weekend. Right? Yes. I believe. Okay. I think so too. Okay. So, anyway, that's who we are, where we are, and, we have a usually a real abbreviated, list of, companeros on Monday or on Saturday.
Well, you can tell I'm really still sleepy today. Anyway, we have usually a limited list. Paul, are there any, today joining us besides
[00:02:39] Unknown:
Are there any? Is there anybody listening to this? Well, yeah. Hell, I'll go back to bed. Oh, hey. I'm I'm I'm game for that. I went to bed at 5AM. So, yeah, that that was no fun. I was Were you were you adjusting tech trousers
[00:02:58] Unknown:
still?
[00:02:59] Unknown:
Okay. There you go. Were you adjusting tech technical trousers till that hour of the morning?
[00:03:06] Unknown:
No. Actually, a friend of mine up here well, I guess you'd call her a friend. She has a camper, and she wanted the dinette pulled out of it so she would have more room for, storage and, you know, creative furnishings.
[00:03:29] Unknown:
So I was up until 05:00 in the morning ripping that baby out. So that was You mean with those things where they got the the dining room in the middle that kinda slides out as a separate room?
[00:03:41] Unknown:
Yeah. Kind of. It's it's a dinette, table, two benches, and a side out. And, she just wanted to get rid of it. So whatever. I've got a crowbar. I've got a I've got a mall, sledgehammer. Okay. Get it done. All night.
[00:04:02] Unknown:
Okay. Well, good, ma'am.
[00:04:04] Unknown:
Yeah. And our, plat our participating partners list is short but distinguished for sure. We're on, EurofolkRadio.com. Thanks to pastor Eli James. We're on Global Voice Radio Network, My Pet Project. Our website is thematrixdogs.com, and, you can join us live on the show using the links for free conference call that you will find on the matrixdogs.com. Just Uh-huh. Hey. Come on down. Set a spell.
[00:04:39] Unknown:
Cool. So
[00:04:40] Unknown:
yeah. Alright. How's that for abbreviated?
[00:04:43] Unknown:
Well, it is just abbreviated. It's expected. It's Saturday. Yeah. We started doing the Saturday shows back, couple of years ago, three three maybe, and extended an extra day there because, we thought that with the Biden crew in charge and the things that were going on, that people would really be interested looking for answers. So we put a lot of time into that, in that period of time there. And, and we're still with the residuals on the Saturday show. It's a interesting show during the week because it's just a little different. I mean, it's, you can tell it's Saturday. People got their hats off and their hair down, and, it's just a little, different like Thursday. Whereas, you like Thursday, but more so, I guess. So Anyway, was that Tom Dee that I heard with us there that chimed in a minute ago? Mister Dee, is that you?
[00:05:40] Unknown:
Yes. It was. In the flesh.
[00:05:42] Unknown:
Alright. How are you doing, buddy? Were you in the car or something or what?
[00:05:47] Unknown:
No. No. I just saw my headset. It's, it's easier to do some stuff on my PC and listen to you at the same time. Double double duty.
[00:05:57] Unknown:
Multitasking. Good. How you been doing? I mean, I've spoken with you in a little bit. How you doing? Did you know Preeti brought us some some some new folks, some, some friends of hers, William and Tony, and down in Florida around the Tampa Clearwater area. And, then William brought some of his, friends. I guess he figured we knew a little bit about what we're talking about and brought them over. Don't know how many might be with us today or whatever, but those came from Pretty. So, if, Pretty didn't hear this, thank you. Please thank her for me when you talk to her. William's a really nice guy. And, well, they they're they're all nice guy. Do what now you're in Vegas?
[00:06:39] Unknown:
She is.
[00:06:42] Unknown:
Okay. Something's happening there on the side. Anyway, hope, hope some of those folks are with us today. Maybe you have some questions, launch us off on on some sort of a, a Saturday show. I usually like to use these. They're real good. Everything during the week's gone, and we're on the weekend. And, you can take this time to expand into some of these, things that lead up to where we are, like, how the, just Seville, the law of the citizen, if you will, turn to the Juste Jensen or the law of the foreigner in Rome that that, you know, things like that are very interesting. We see them be repeated over and over again, so they're interesting to understand.
So, Tom, you you got anything to add or comment on here this
[00:07:34] Unknown:
morning?
[00:07:36] Unknown:
No. He's awesome. Happy, happy listener here. Just, you know, waiting for Okay. To the greatest. So Okay. Well, you Vegas. She's, she's meeting with the guy that, teaches people how to sing the robo callers and, How to how to what?
[00:07:54] Unknown:
You sound a little distant. You sound a little distant, Tom. She's in in Vegas meeting a guy to what?
[00:08:03] Unknown:
Can you hear me better?
[00:08:04] Unknown:
Oh, about a %. Yep.
[00:08:07] Unknown:
Yeah. Yeah. There might be something wrong with this. She's meeting with the guy that teaches people how to sue the robocallers. Oh, okay. You know, the people that drive you nuts on your phone. Yeah. So Yeah. Yeah.
[00:08:20] Unknown:
Okay. Well, good for us. Well, I all of our we got some buddies out in Vegas. I don't know if John left. He was out there this week. Kasarab and, Mark is out there, and, and, of course, Brent Bachman is lives there. So, yeah, a lot of folks out in Vegas. I asked him to go, just as a commemorative thing, to go to Benyons Horseshoe and have, one of the buffets there because that was John's favorite place there in Vegas and
[00:08:50] Unknown:
maybe do a toast to it. The New Jersey didn't love that place. There was a casino there was a casino right on the corner across from Bally's and across from Caesars. It was right on the strip, but it was across from Caesars on the corner. I think it was I just can't remember the the barbarian
[00:09:08] Unknown:
the Barbary Coast. You ever seen that? Yeah. Probably. Yeah. Yeah. Well, I hadn't been in Vegas in a number of years, but, yeah. I have some memories of it. I haven't been there since the nineties, but,
[00:09:20] Unknown:
the, they had a really good Chinese restaurant down in the basement area. The when you went down the side of the building in the Right. Along the sidewalk going down,
[00:09:29] Unknown:
And a great Chinese place there. It was really good. Yeah. They Yep. They've got some wonderful food in Vegas. I'm I'm not much of a gambler, really. I like to I watch people gamble. I watch them play cards and stuff. But but, man, the food May I? Vegas. Yes. Well, I'm a I'm a car counter. So we went out to Vegas to just to relieve them of some of all that excess money. And, we're good for you. We're good for you. Did you did you you must have done well with that. Julie, was that you trying to say something here?
[00:09:59] Unknown:
Yeah. I was just gonna ask if he would be willing to share the name of the, company that's helping her
[00:10:07] Unknown:
figure out how to sue these robo Do you know the name of the company that's helping pretty do that
[00:10:13] Unknown:
or the guy? Yeah. The guy the guy's name well, yeah, the guy's name is Doc Compton. Alright. C o m p t o n. He's got a website called robocalls.cash. It's not.com,.cash. Uh-huh. And, he's got a little kit, and they got a private forum, which, her and I are members of. And, you know, I've been I've been going after those guys for over three years. So it's been very, very good. I mean, it you know, you gotta put a little effort into it to figure out who they are because when they call, you don't know who the hell they are. They say they're one company or they're one, you know, one entity. And then, because if they if you object to them calling, if you're on the do not call if you're on the federal do not call registry and they're calling you, well, then they're breaking the federal law.
And in some states, they're breaking state law too. Like here in Texas, there's the the, they got the Texas business and commerce code. So in, just the federal the federal suit is minimum $500 to $1,500 per call. In Texas, it could go up to $5,000 an additional $5,000 per call. So you can make some hefty cash. We got some hefty cash. We got some members that have made over $1,000,000 going after them. Hell, yes. Wow. And but it takes some effort like you got to you have to play along. There's some preparation. There's a procedure to follow in order to identify who these callers are. But with the number of calls you get, it's just, you know, it's outrageous that they just call and call and call and call and you tell them to stop and they won't stop.
You know, so, you know, you record every call, you take you take every call that you can, you listen to them, you play along like, oh, yeah. That sounds like a good thing. You know? How how do I get that widget or how do I get that service or whatever? Some of the ones are like, you've seen the jokes all over the place. You know? We're trying to reach you about your car's extended auto warranty. You know, they're they're one of the biggest violators out there, and they've been sued multiple times, but they must be making so much money that they can afford to pay people off and, you know, see how, it's just it's just unbelievable. They just don't stop. You know, you take and sometimes after you sue them and they pay you, they call again. They do it again. And then, I've actually had one who called me a third time and had a had a penalize them.
But, you know, it's, it's it's a game. Okay? It's really a game. You gotta play along. You gotta make them believe you're a happy customer. So, you know, you need to create some aliases, fake birth dates, create some, fake email addresses so that they can contact you and things like that. And, but there's a there's a private form that teaches you. You know, there's people in there like Priti and I will, you know, help you, navigate the, you know, the the details of how to identify who these people are. And, you know, a lot of people go in there and post, hey. I I got a call from this place. Has anybody heard of that and, heard of them or talk with them or whatever? And somebody will usually pop up up and say, yeah. I went after them last year. Here's their here's their info, and this is how you, you know, you send them a demand letter for violating the law. And most times, they just pay you just to get rid of you, you know, instead of suing. Julie? Some of them, you gotta take them to court.
[00:13:55] Unknown:
Yeah. So That sounds like it's right up Julie's alley.
[00:13:59] Unknown:
He's got a YouTube channel that he, where he actually goes after them himself, and he, he'll identify who they are, and he's got some connections where he can actually get their Internet and stuff shut off because they're scamming people. You know, a lot of these, they'll they'll send you an email that said, oh, your, your McAfee, antivirus is expiring. We renewed you for, you know, $672.15. And you call them up, you go like, well, wait wait a minute. What is this? I didn't do that. Oh, you didn't want that? Oh, okay. Well, we can cancel that. We just need access to your computer to do it. And then they go in there and they try to clean out your bank account and steal all your info. Well, doc, he has a YouTube channel called, Ruck Fobocalls, which is a play on the first two letters, but Ruck Fobocalls instead of f robocalls.
And, he actually he plays them along. He pretends he's, you know, different people, and, you know, he actually he plays, he plays this one woman. He plays a woman, Beverly Leslie, and he's really good at it. And and, he'll flirt with these guys and, you know, and then they'll they'll break into a special computer that he has set up for them to go in so he can track them and get their their phones shut off, their Internet, their, their remote access. And, he usually puts some very intriguing videos playing while when they try to break into the computer when he lets them in. And that's something you'll have to watch the, the YouTube, channel. He's got YouTube, and he's got TikTok. And he he actually does these shows live where he's harassing these people back, you know, in in so many or he's just driving them nuts.
And then once he once he figured out who they are and then, you know, or if they make out that he's just playing them along, he'll he'll, put out their phone number, and and thousands of people will call until they shut down their phones so that they can't call and steal people's money. So that's what they do. They break in and try to, you know, rip off people who are not, you know, think that they're getting their, you know, money refunded. Instead, they're getting all their money stolen. So he's he does a really good job.
[00:16:21] Unknown:
Yep. So Julie? Yeah. That that sounds like it's right up your alley. Are you getting a bunch of those kinds of unsolicited calls?
[00:16:31] Unknown:
Yeah. I get them I get them tons on my everywhere all day long. So Really? Yep.
[00:16:38] Unknown:
Definitely like But the thing, you gotta take the time to talk to them. You know, you gotta play along with them. And, you know, I've spent some time upwards of an hour on the phone to try to work my way through all of their their checks and, you know, their their supervisors. And then to finally get to, like, an insurance company, like, you know, Allstate calls me all the time. So, you know, Allstate Insurance. So, you know, you just gotta play along, and then you gotta go through verification. You gotta tell them fake vehicles. And, you know, I've been a good driver, and I don't have any tickets. And, you know, and I'm with State Farm, and I got you know, they're charging me too much and blah blah blah, and you play along. And then they'll transfer you to a real Allstate agent. And once you got once you find out, once they do that and you find out who they are, then you got them. Then you go after them. So but, you know, they'll call you multiple, multiple times. You know, you tell them to stop calling, stop calling, stop calling. So after you tell them to stop calling 10 or fifteen, twenty times, then you can go and send a demand letter for violating the law.
And usually, they'll pay you just just just to shut you up and get rid of you. Or if they don't, then you we have attorneys that will, they will take the case and they'll take it on on contingency. You know, if you if they win, they take a percentage, and if they don't, there's no charge.
[00:17:56] Unknown:
So it's, you know It sounds like it's really grown. It sounds like it's grown to a mammoth problem up there. I remember it when I was in the state still. I know they passed legislation against it. I thought that was state by state. I didn't know there was a federal one. But since it is interstate, communication, you can imagine the feds would have some jurisdiction there.
[00:18:20] Unknown:
But it sounds like it's really easy to see. The the Telephone Consumer Privacy Act and, the and they also the states unless a lot of the states have their own some of the states now even have where you can go after these people that send you spam email. That'd be good. Which I never thought thought would happen. But, you know, Washington, I think, Oregon, South Carolina, you know, so there's a above all.
[00:18:47] Unknown:
Okay. Well, some of you are looking for a little, little side work, a new vocation, and some of that stuff. Here's a field. Hell, I never even heard about this before. So, there you go. All I do is mention Pretty's name and this this incredible amount of information flows out that I never, was not familiar with. So pretty cool, Tom. Yep. And you've been doing this too? Well
[00:19:11] Unknown:
yeah. And if anybody wants, you know, a little more detail, just send me an email at [email protected], and I'll send you all the links. And, you know, and if you decide you wanna do it and you join the forum, the private forum, you can, you know, you can, get a hold of me there, and I'll, you know, try to help you a little.
[00:19:31] Unknown:
If, that stimulated patience. Uh-huh. If that stimulated your financial gland, then A little bit. You might wanna reach out to [email protected]. And mister d will, send you information where you can pursue a little bit, see if it's something up your alley. Good deal.
[00:19:52] Unknown:
Wow. So with the scams that are going on in the in this world, we don't get too many That's the worst part about it is where they clean up these people's bank accounts. It's just Oh, yeah. Or they'll get them to you know, your your your your son has been in action or your son has been arrested. Your daughter has been in the hospital, and you need to go to a a a Bitcoin machine and put money in there and send us Bitcoin. You know, people fall for it, which is really, you know I mean, it's it's hard to believe that somebody would do that, but they do it. You know? And Doc has stopped quite a few people from, getting ripped off. And Well it's it's really sad. You know? We really need to shut these guys down.
[00:20:31] Unknown:
Fifty three percent of the people in the country, I believe it was this third grade level, can't read above the third grade level. And twenty one percent of the people surveyed this is a survey on Jones here about a month ago. But twenty one percent of the people are totally illiterate Yep. In the country. In our country, almost twenty five percent are totally illiterate folks. So they've seen scams that it's just one it's just one I'm sure it's not exclusively from this ethnic group that we talk about, but, they got a lot to do with it because they've set the tone. They've set the tone.
And, man, it's just like, wow. You do you know what I heard the other day on their as does she gets into this stuff? I don't I don't even remember which agency it was, Tom. A a kid got a business loan before he was born. Right. Yeah. Or their infants or children are getting all these There's some of them that got got a got a small business loan before they were born, folks. Yeah. Not only do they live past a 20, 30, 40, what what was one of the person on the Social Security rolls is 308 years old, older than the freaking country?
[00:21:56] Unknown:
Yeah. And they said there's a bunch of the there's at least a few of the, congresspeople who, their grandmothers passed away, and they're still cashing their checks.
[00:22:05] Unknown:
Yeah. And I think he canceled what he canceled twenty twenty million of those over 20 years old. There's 20,000,000 of them. I yet heard any of them squawking. Where's my check? Where's my check this month? No. They won't be squawking about that, will they? Well, it's the time of revelation. What what did Jesus say in the in the in the the end of the age? All all things will be revealed. Well, that we're kind of part of that, you know, and, for those who will listen. But, anyway, very interesting, Tom. Good. Good to hear you. You sound good. Good job.
Man, I'll tell you. I have gained a unbelievable amount of respect for Elon Musk. Who I knew about before. By the way, please don't buy this. He's the richest guy in the world. What a I hear people say that. I said, come on, man. He's not the richest man in the world. Well, that's what they say. Well, they what about if they told you to go jump off the bridge? Would you go do that too? I mean, it's just unbelievable to me, man. Yeah. He's got more money in the room, Charles. I'm sure. Of course, they've got theirs all over in Little Trust and these little accounts and Rio Tinto and all these companies that they control all over the world. So, anyway, speaking of, Julie sent me a, email last night, the lovely Julie, Twinkle Toes there, and said, don't don't don't, Roger. Don't you say I didn't tell you. Well, it's some guy on there saying about how Bitcoin is gonna go zero. Julie, I don't doubt that a bit. Okay? I mean, honestly, I have no cyber coins in my portfolio.
None. And, don't want any. And it's not because they're not cool. They don't have some viability, and you can use them and people made a bunch of money out of it, and it's got some positive things. All that stuff. But every cyber coin that I have ever purchased,
[00:24:00] Unknown:
earned,
[00:24:01] Unknown:
or or or however else came into my possession. Every one of them have been stolen. Either some link doesn't work and I can't get to a wallet or somebody went in and cleaned everything out. Look, I'm 76 years old. I got a little little little stash of gold, though, over there in Uruguay. I'm I'm not worried about upside. People that are messing with that are worried about upside. I'm not concerned with it. I got plenty to take care of my needs. I think I don't think there's any trouble I could get into that my that I couldn't get myself out of. Put it that way.
But, all all these, other folks, good good on you. If that's your bag, I I appreciate it. And but I just don't want anything to do with them for me personally. I'm tired of all that crap happening, and I just, threw up my hands and said good luck with it, folks. Anyway, I'd I'd rather have the tangible stuff. By the way, which hit an all time high yesterday. I hadn't checked this morning, but, we got up to over 3,200, bucks an ounce on gold yesterday. It's never been like that before, and it's only going higher. So and that's what everybody it seems like that's what the wealthy people want. He's now I may be wrong, you know, but from what I can hear and ascertain, they they want gold. They they're not as much interested in Bitcoin.
They want gold, and they can't get enough of it. They they can't satisfy it. The London Bullion market exchange is devoid of gold right now because for some reason, it all got shipped to The US. And we mentioned it a while back. If they they ship their gold, the London Bullion Market Exchange, they ship their gold to US or somebody's gold. What about the people that had gold in the vault that wasn't theirs? I mean, the people that put their own personal gold in the vault, they offered them Tom, did you hear this? They offered them 16% a month on their gold if they'd let them lease it.
16% Yeah. I did hear that. Yes. What what is that on an annual APR? I mean, hell, that's gotta be astronomical.
[00:26:22] Unknown:
I don't know. But, you know, they've been playing games for so long. I mean, they should've went right over to Fort Knox that, you know, they shouldn't even have told anybody. Just go over there and do an audit and not giving them time to, you know, either either replace the fake gold or fill it back up. But, you know, I got a feeling that, there's something fishy there. It hasn't been audited since, what, the fifties?
[00:26:45] Unknown:
Well, you know, Tom, they could go in there and see a whole bunch of gold. They could show it to them and all the how how many rooms they got, 16 or 18 or 20 rooms full of supposedly gold bars. But, you know, you could look at it and go, yep. Gold. The gold's there. Be like, who's that last treasury guy that went over there and said, yes. Gold is safe. He came out from looking in Fort Knox, and he made this statement. Gold is safe. Well, yeah, it is. So what what about what you saw? Gold is safe. Excuse me. Could you define that? Gold is safe. That's all he'd say. K? Well, it could be in there, Tom, but you what you don't know, somebody else may own it.
[00:27:26] Unknown:
That's the background. It's probably is safe, but it's safe in their safe. It's not in Fort Knox.
[00:27:32] Unknown:
Yeah. Interesting time, folks. I hope you have been good little stewards over the years and, taking care of these things when well, when it was a lot better. I mean, I've I've told y'all I bought all my goal every bit of gold that I hold, I I bought at $300 an ounce or less. And it went down in that period of time. Was it, what, 02/2002, '2 thousand '3, right in that period of time? Then they call it they even have a name for it, and they call it Brown's Bottom. Do you know about this, Tom? Brown's Bottom?
[00:28:19] Unknown:
No. No. I never heard that.
[00:28:22] Unknown:
It was in about 02/2002. You probably put it in the search engine, you know, but it'd come up. About 02/2002, the gold went down to it got as low as I believe the lowest it got was $251 an ounce. And it was in that range down in that $2.50 range, I believe, when the exchequer, which is the treasury of England, sold, half of England's gold. And they did it in an auction, Tom, and they sold it to the lowest bidder.
[00:28:53] Unknown:
Oh, now I remember what that was. Yeah. They yeah. Of course, they sold it at when it was at the bottom. That was, that was the head guy over in England that was in charge and did that. That was Gordon Brown. Who remember that? Just didn't recognize the name. Right.
[00:29:07] Unknown:
Well, that's what they've pinned that period of time. And, of course, the logical question I didn't hear any of the people in the news asking about was a guy who who bought it. Who is brave enough to go buy gold at the lowest price? Do you know that do you wanna talk about this is this is pretty impressive. Robbie Noel, who used to be on your network over there, he was a he was a regular. He was kinda like a bookend over there. And, Robbie would say you're never gonna buy at the bottom. You're never gonna sell at the top. Probably true. K?
That 02/1951 period was the lowest gold has been in relation to the currency it's purchased in in five thousand years. So should you have bought in that period of time, you got a pretty damn good deal. You may not have bought down at $2.51, but if you bought anything under well, anything under 300, you're you're in that range. So, it's a little bit different now. It's gone up. It'll go up another hundred dollars. It'll be 11 times. 11 times, it's, gone up. 11, a %. I don't know how to how to put that out there. Anyway, hope you, hope you've done the same and made some wise decisions. You know, that's the whole end game of all of this is that is that example right there is that they want to like a lawnmower, they want you to grow up and accumulate, some stuff, and then they're gonna come along like the lawnmower, and they're gonna steal it from you and cut your head off.
Okay? So your object is to try and look in your future and utilize the best information you can to make those events that really, really put you in a good position in the future. Usually, you have to be contrarian in this, in this field. In other words, listen. When I was buying that gold at 300 and under, there weren't a lot of people buying gold then. The price is low. No. We're not gonna buy. We're gonna wait till it goes up. Well, that that buying it when you see this type of situation unfold in front of you is called contrarian. And, the the the the contrarian investors are the ones that really, do well over time. Remember the other day, we, covered Jesse Livermore, the great financial wizard of the twenties, and it came down to his, people said, what's your what's your formula for success in investing?
He said, buy right, sit tight. I'm not too complicated. Buy right, sit tight, buy at the bottom if you can do, be a contrarian investor, and then hold when everybody else is telling you to sell. And if you've got the kind of knowledge we've got, if we've got you got the knowledge we've got, see, you really know how that stuff operates. And you can sit there and hold when they're trying to force your hand to sell and be really comfortable and not anxious about, about you holding your, your goods there. What what was the comment, Tom?
[00:32:19] Unknown:
They, they said that, the time to buy is when they're pulling in the streets. That was the Rothschilds deal. That's when the and and then when the, and the time to sell your stocks is when you're getting stock advice from the shoeshine boy.
[00:32:34] Unknown:
Well, that's true. And that was, I think that was a Jesse Livermore story, actually. He got his shoeshine or one of the big Wall Street guys, every day went into the office, and he'd stop and get his shoeshine on the way in. And, one day, the shoeshine boy was giving him a stock tip, and he went to the office and sold everything he had. That was he said, we're getting tips from the shoeshine boy. It's time to sell. Okay? So, yeah, that's true story, Tom, evidently. Very interesting. Anyway, gold's up. Silver's fallen. If you're really looking for a good buy here on this contrarian angle, silver's falling these days.
Okay? But, boy, it ain't gonna be doing that for long. So, again, if you got any extra cash, I'll get you in a second, Samuel. And if you can find a dealer who's got any of that left, and there are a few, I don't know how many, but that would also be an extremely good play, don't you think, Samuel?
[00:33:32] Unknown:
Yeah. I used to have a product development business starting out entrepreneurs. Did you notice what Kevin O'Leary said to, said to the senate Oh, yes. Hearing yesterday.
[00:33:45] Unknown:
Yep. I didn't see in the hearing. I saw recently a video of him. He says, I do business that I do business in China. That one?
[00:33:54] Unknown:
Well, yeah. He he says he the Chinese don't pay any of the fees that he's paying, and any startup in this country that gets to 5,000,000, they immediately rip off and flood the market with it at 30% under cost. Sometimes they're using their own tooling to do it at night and running their product during the day and just kill the business that way. Yep. And so that's millions a year of businesses
[00:34:22] Unknown:
are being treated that way. I'm telling you, if you wanna know about China, there's a book that was written. It was released and reprinted by the Barnes Review, which has come on here recently as part of, oh, the old spotlight. And, what was his name? Who's the guy that I I met him a couple of times, the guy that started and ran the spotlight. I can't think of his name right off now. I wouldn't have said something about it. I could have thought about it, but it Carto. Mark something car will Willis no. Willis Willis Carto. Mark Lane was a Jewish attorney that helped on some assassin JFK assassination stuff.
Willis Carto, a little bitty short guy, about five foot four, and he's the one that started years ago a magazine called the Spotlight. Probably most of you folks did never heard of it before. It was a tabloid type weekly newspaper, and you could become a distributor. And they'd send you 10 copies a week or how many you thought you could distribute and then, and all that stuff. So, and then they spun off the Barnes Review, which is still active. Spotlight's gone. Barnes Review, an excellent, excellent revisionist historical, magazine, like Time, slick cover, color cover, and very, very well produced.
Articles are incredible. Did you know, Tom, in fact, did you I heard this the other day. Harrison, did you know that, Oshkowitz had a maternity ward that delivered 3,000 babies? I never heard that before the other day. Didn't surprise me. They had a, Barnes Review had a special Never heard that. Yeah. Barnes Review had a big special years ago. I bought a copy from them and brought it down here. I've lost it, unfortunately, in all my moves, but it was all on the Holocaust and Auschwitz. And they had pictures in there of, the guards playing soccer with the inmates of the, musical. They had plays and all kinds of stuff in Auschwitz. They had proof of it.
In fact, they had their own script. Did you know that, Tom?
[00:36:37] Unknown:
No. I I think I still have some copies of the spotlight in the box somewhere.
[00:36:42] Unknown:
Yeah. Well, they had their own script in the concentration camps. They had a coin, you know, Himmler just a second. Himmler went down to the Middle East, with, with some of the Zionist Jews there. And to commemorate the event, they coin minted a coin, and it had the, the the eight eight candlesticks, I think, on one side, the menorah, they call that, I believe. And on the other side was a swastika. There's there's there's examples of it out there. People have got some of them. Yes. Who was that trying to say something a second ago?
[00:37:16] Unknown:
Yeah. Just sort of back to O'Leary. He he also said that, there's hundreds of billions of dollars traded on the New York Stock Exchange by Chinese companies that are not in compliance, and he thinks the new compliance guy that Trump's putting in is gonna knock him out of there. Kick him off the wall off Wall Street off the big board. That'd be good.
[00:37:39] Unknown:
I think if it's the same clip we're talking about, he said, I do business in China. O'Leary, is he one of Trump's people, or is he this independent guy?
[00:37:49] Unknown:
He's the shark guy, investor.
[00:37:52] Unknown:
Shark Tank. He's the what? Shark Tank. Shark Tank. Yeah. Okay. Well, I don't know what that is. Anyway, he's not the government guy. And he got up in front of on some talk show and said, I he said, I think you ought to, increase China's tariff to 400%. And the girl's going 400%. He said, what you gotta do is get Chi or whatever the hell his name is on a plane coming over here to Washington sitting down with Trump. He said ever since they started the World Trade Center, they don't follow any of the rules. Everybody else follows them, but China doesn't. Yep. They don't get reprimanded for it. They got big, big economic problems over there right now, and Trump really must have rattled their cages.
Evergrande, isn't that the name of it? I think Julie mentioned it the other day. They're big o Ten minutes. Investment. Ferris, I'm not sure if I wanna take anything from you. I'm I'm really pissed off at you, and I really wish you'd go listen to somebody else. Okay? So, Paul, mute him if you would. Evergrande over there, which is a big Chinese construction company, which where that builds all these tofu buildings where you can go stick your finger in and the the concrete just, dissolves right in front of you under your finger, all that. Well, that's been going under for some time. Couple of years, they've been dealing with it. And, they came out. Thin man.
I you know, Farris, I don't wanna recognize you. I'm really pissed off at you. I think you're a fucking disruptor, and I want you to go listen to somebody else. Okay? I've never told them a a listener to leave. Leave. Damn it. Go away. We don't wanna hear what you gotta say.
[00:39:32] Unknown:
Okay? So every You know, Roger, from from what O'Leary was saying, it's there's gotta be complicity between our government and the Chinese that they've gotta be paid off in order for this treatment that they get to be in our markets and not pay the same penalties and fees and rules as the Americans do in our own market. I mean, forget about China. It's happening in our country to our guys.
[00:40:07] Unknown:
They have to pay all the fees, and the Chinese don't. So Yeah. Well, that's all you can behind it. Well, well, you can thank Bill Clinton. They're the ones who really opened the door and let these bastards in. And so, anyway, they got big problems over there, and it all revolves on the the the nucleus of it under underground is this Evergrande company that has got all of these buildings financed, that that they're losing, k, or either falling down or whatever. Okay. A second, Julie. And, they, I know when I heard about a year ago that they've kind of declared bankruptcy.
And if you're a Chinese, you can get one tenth of one hundredth of what you invested back. But if you're a foreigner and you invested in Evergrande, you ain't getting nothing. Yes, Julie.
[00:40:58] Unknown:
Yeah. China doesn't have bankruptcy laws like The United States does. That's right. They don't. They don't. Yeah. I think they're the only bankruptcy. I I I've heard the whole thing from O'Leary, and he said they he he said exactly what you said. I I support 400% tariffs, and he said, all these Chinese people do is come over here and loot, steal, take everybody's patents and go back and reproduce and put the small man under, steal every single intellectual property that we have over here and there's just nothing but
[00:41:31] Unknown:
well, that's where I was going a minute ago, and I got distracted. Somebody tried to say something. That Barnes review reprinted back in the nineties, a book that was written in the thirties by a USA Ambassador. He came from a whole family, of foreign service people. I I think his name's Townsend. And he had two tours of China as The US Ambassador to China. And he wrote this book in the thirties. Now remember, the commies didn't take over until '48. So if you go read this book, find it, and read it, you're looking at the view of China from Americans and other English speakers because they kind of peer group together when they're over there, and all the experiences that happened and that other people told them happened to them from the Chinese.
And listen, folks. All this stuff you're hearing about right here, that's Chinese culture. And if you don't believe it, the the the name of the book is Ways That Are Dark, Ways That Are Dark. And I'm I'm pretty sure the author was Townsend and might have to buy a used copy. That's worth reading. K? It will really give you insight into China. You'll not get anywhere else. When they tried to publish that book in the thirties when he came out, the eastern establishment and it, didn't get a lot of traction because, obviously, they had plans for China in the future there. Roger? So yes. Julie?
[00:43:02] Unknown:
It's called Ways That Are Dark, The Truth About China. It's available on, on, Amazon on on on Amazon Yes, sir. By Townsend by Ralph Townsend.
[00:43:14] Unknown:
Ralph Townsend. Speaking of Amazon, Roger, I I I have a feeling that they are complicit with this Chinese con corruption, and that's why they why they can bring this stuff over the way they do and undercut the market here and oversell everybody else.
[00:43:32] Unknown:
They're they're just vicious businessmen. If you really wanna see the Chinese culture, acquire and read that book. I'm telling you. I'd say I'm the story. Not Chinese.
[00:43:42] Unknown:
Amazon, I think, is part of the problem.
[00:43:46] Unknown:
Okay. Well, I I agree with you. I don't have any big contention with that, Samuel. Bezos is a snake even though he's tried to crawl in bed with with Trump. But, if you wanna learn about the Chinese culture, it's ancient. Get acquire and read that book. You'll be shocked. One of the stories that they had in there, Samuel, because I was talking about it. Harvey went and got it and read it, and he was telling me about this because I read it thirty years ago. But, they they were something was they were looking for something about Chinese men that were a crime or something. And so they took a wagon around, and they arrested them. And, and and then they went out in the country to get some of the ones that were in the country, and they didn't have any more room in the wagon to put them. So they grab them and nail their hands to the to the side of the wagon and drag them into town.
Okay? I mean, they're they're unreal people.
[00:44:43] Unknown:
It's it's something, Roger, like 80%, I would guess, of the location for the sellers on Amazon are in four main Chinese cities. And these are like new cities. They're not like Beijing. Yeah. I think one of the big ones was Shenzhen. But the other cities, you don't even know there it wouldn't be Americanly noticed or understood names. So you if you've got 80% of Amazon sellers in these Chinese cities, I don't know. That's just sort of telling to me.
[00:45:24] Unknown:
Well, there you go. Anyway, it's a they're they're a big problem potentially, but, man, they've got a huge set of problems. And and they had that one child policy for so long, and and and then and then that's when she double crossed the new world order and changed the one child policy to a a three or more or whatever. They changed it dramatically. And, that's when the split with the new world order came. You can't trust them. Them and the Jews ought to get along real good because they both got the same characteristics in many respects. By the way, and it came from the guy that wrote, oh, the radical rules for radicals, whatever his name was.
And, the the daughter of the guy that founded one of the partners of Goldman Sachs was over with, Mal back in the twenties and thirties, setting that up already. So they've been planning to use China for a long time. They've used our model over there, the old typical fiat kind of currency models, but China has double crossed the new world order in some respects and, thrown a, thrown a hitch in the giddy up of the new world order boys. That's when Soros got so pissed off at him when he got rid of the one child policy. So, anyway, enough about China. You wanna really learn about China, ways that are dark, and, by Ralph Townsend worth acquiring and digesting.
He's also very dry. He's got a very dry sense of humor. And I remember finding myself, like, belly laughing a couple of times reading through the book on the way he describes stuff. So, has anybody else got anything you wanted to? We're sitting here just kinda chewing that on the Saturday edition. There's Larry. He's got something.
[00:47:20] Unknown:
Yeah. Apparently, Trump is attempting to deport all these undocumented, Chinese nationals. There's a story out of The Guardian. Says fear grows among US's Three Hundred And Ninety Thousand undocumented Chinese immigrants. And at the, end of this article, says on the campaign trail, Trump said he would prioritize deporting Chinese nationals of military age suggesting without proof that they are building an army in The US.
[00:47:59] Unknown:
The rest is just blah blah blah. But Well, it's been speculated on for a long time. They got video. I was seeing someone in Infowars just yesterday or day before of the adamant lines below the border getting ready to come across the border, and they're they're all just like you said, young military age men, and they're standing at military attention, parade rest, if you would call it that, and all that stuff. It it sure looks like what they're doing to me.
[00:48:28] Unknown:
Yep. I agree.
[00:48:31] Unknown:
So, so let's see. William, are you or any of, any of your pals on today? Have y'all got any questions as you get a little deeper into what we, teach here?
[00:48:43] Unknown:
Yeah. It's not exactly on what you're doing. It had more to do with the IRS.
[00:48:49] Unknown:
Okay. Well, this isn't the William that I was thinking of, but that's okay. Love to talk with you. Are you William too?
[00:48:56] Unknown:
Okay.
[00:48:58] Unknown:
I got a, Can I get your name before we commence so I can call you properly? Lee?
[00:49:06] Unknown:
Yes.
[00:49:07] Unknown:
Hi, Lee. Well, have we spoken before?
[00:49:10] Unknown:
Yes. I I come in occasionally. I don't I don't listen every day because this happens to be a time when I I need to be out working. Yeah. I'm on a farm, and it's I'm still cleaning up from the tornado. It's it's been so I don't I I usually listen to, rebroadcast.
[00:49:28] Unknown:
The replay? Uh-huh. Where where are you? Are you in Kansas or somewhere there, Lee, in the middle of At Missouri. Okay. You're in Missouri. Alright. I think I vaguely Yeah. We we just missed
[00:49:39] Unknown:
We missed, the real hard tornadoes. We just caught the tail end of it, and it had enough damage. It was very Boy. Very bad. Like, 10 miles away from here, it was snapping trees and two that were, like, three feet in diameter. Just like Wow. Toothpicks.
[00:49:58] Unknown:
Yeah. Scary. So we were event. Yep. You were. Well, welcome back. You, you made it through with IRS questions, so I guess that's pretty good. What are your questions about those bastards?
[00:50:11] Unknown:
Yeah. I I got, attention from my dad. It's like $3,400 or something. And, it's the point where you're supposed to file is, like, 3,200. Now I've I submitted the affidavit to the state department,
[00:50:34] Unknown:
national. Okay. Okay. Did you get a passport to know
[00:50:38] Unknown:
Did you get a passport? Expecting what I can do to avoid
[00:50:42] Unknown:
the BS shouldn't have to. Or Well, you don't have any inheritance taxes or anything if you've done that properly. Did you also get a passport, Lee, or did you leave that off?
[00:50:52] Unknown:
I haven't gotten it yet. I'm still trying to find the old one. I I had a friend help me on that, and he just he really didn't know what he's doing. He said, you need to get a passport, and I filled it out the way he wanted to. And it's so
[00:51:08] Unknown:
Did you send that in or not?
[00:51:12] Unknown:
No. No. I haven't I haven't gotten a passport yet.
[00:51:15] Unknown:
Okay. Well, then you lucked out. Most people don't know what to do with that. It's not anything real tricky in there per se, but you certainly need instructions on how to do that. I would do that and just order a passport card. You don't need to expend a bunch of money, but you get that affidavit on file with the highest form of ID issued by the federal government. So that's a good thing to have if you're gonna go down this path. Do you send the affidavit to the secretary of state? Did you put the IRS on notice leak?
[00:51:50] Unknown:
Yes.
[00:51:51] Unknown:
Okay. Well, then you shouldn't have any responsibility at all. I I I think what happens here is it's better to ask forgiveness than permission. But you should have that. That's not an eight seventy one b or eight seventy seven b event. So I would say you have no taxable obligation there.
[00:52:10] Unknown:
Yeah. I I I agree. I just,
[00:52:14] Unknown:
you know your daddy your your dad left you a pension?
[00:52:18] Unknown:
How does that work? Well, he had a pension fund, I don't know, r a something like a r a. It's similar to that.
[00:52:27] Unknown:
And RA. What's an r what's an RA? Excuse me. Lee, I'm sorry. What's an RA? I'm ignorant here.
[00:52:33] Unknown:
IRA. Oh, it's not an IRA. It's it's a Okay. Teacher's pension fund is what it was. Oh, okay. And I had to I had to take, like, that amount of money. And, you know, they have they you have to take so much out. When you get old, they you know, you're gonna die, and they they make you take out so much. So it just happened to put me above where you have to have to file. Yeah. I haven't filed. I I You don't have? I'm I just wanted to know what to expect. They're probably gonna send you
[00:53:13] Unknown:
No. I expect you're not gonna hear from them, be my guess. But, because you got no liability there. If you've done the right front end stuff and put them on notice, and, then you those aren't $8.71 or $8.77 b taxes, and you shouldn't know anything on that is the way I read.
[00:53:35] Unknown:
Yeah. I'd I'd I'd definitely fall way below whatever, you know, for required for filing, like, way below. That's that's about all the money I ever made this year or last year. So I'm not worried about that. It's just this it just
[00:53:55] Unknown:
you know, they're gonna say, why didn't you file? Or they're gonna No. They're no. They're probably not gonna say that if you've done the proper notice. I don't know why p boy, we can't get these people out of peep folks' mind, can we? You put them on notice. It's on file. There's only two taxes that you owe as a national. Why do you think they're gonna send you a letter?
[00:54:19] Unknown:
Miles is one of the requirements. And it's and they're they're dividends. You know? They're they're part of stock. So
[00:54:25] Unknown:
Well, but it no. But, you know, again, here we go into splitting hairs. Good. Thank you, Mark. I'm so glad you're here. A a farm a teacher's pension that lives belong beyond the person that took it out. First of all, that's strange to me that he could will you his pension after he dies from when he was working. Maybe. I've just never heard of that before. You say it pays a dividend. Well, is it paying you a dividend, or is it paying you an obligation? I just don't know, Lee. But my initial response is you don't have anything to worry about. But what I'm gonna do is query with my, buddy, Mark here, who must not have stayed out gambling too late last night.
So, Mark, you got any read on Lee's situation here for me? Welcome, by the way.
[00:55:15] Unknown:
Sure. Sure. Good morning, everyone, from beautiful sunny Las Vegas where the men are men and the sheep are nervous. When you're when you're talking about dividends and interest, this this area gets confused on. First off, I'm talking on a blue tooth.
[00:55:37] Unknown:
You sound good. You sound good. Am I coming through okay? Yeah. You sound good. Good. Different, but good. So
[00:55:44] Unknown:
You have my condolences.
[00:55:45] Unknown:
Great. So, when you talk about interest and dividends, people get this confused. When we, when we talk about the eight seventy one b as in bravo section and section eight seventy seven b as in bravo, in particular we're talking about dividends and interest, that is either from stock that you personally own. You individually have went out and purchased preferred stock from a domestic, US corporation that pays out dividends on that stock, then, yes, that revenue stream of dividends directly from stock that you personally own in your own name, that would be taxable.
Nothing else, just that dividend payment. Same thing with interest. If you own some corporate bonds individually from a specific domestic American corporation, and it's paying you interest on those bonds, then that interest is taxable, but nothing else. And where people will get confused is they'll have, like, they'll own a mutual fund or a four zero one k or whatever. Well, they own shares of the four zero one k, and they might think that they're getting quote interest payments, but it's not what falls under eight seventy one b or eight seventy seven b. That's just you own a share of a company that's making investments, and you don't individually own the stock or bond that's paying the money to the mutual fund or to the four zero one k or in this instance, a pension fund.
So, no, that would not be taxable.
[00:57:40] Unknown:
Does that help, Lee?
[00:57:42] Unknown:
Yeah. It it make me feel a little better. It was it was, I inherited it. And like you said, this is a company that invests in other other companies. So it's not a direct investment. Mutual
[00:58:00] Unknown:
yeah. It's like a mutual fund. Absolutely. Similar to that. Or or even a pension. You know, a pension usually is a is owned by a company. Typically, like, in the in the past, if you want to work for a big corporation, instead of them it's kind of prior before we had four zero one k's and IRAs. People would go to work for a company, and they'd have a pension plan. And the company was doing the investing however they see fit, and the monies that would come back in would be pooled into a big account. And anybody who was retired or drawing on their pension, they would get payments from that depending on how much money they put into it.
But we're kinda like a kinda like a mutual fund, if you will, but it was through a big corporation who was doing all the investing. Right. And if you're if you're a national and you're getting money from a pension plan, then, no, it's it's doesn't fall in that category of of eight seventy one b or eight seventy seven b, and it's not taxable.
[00:59:07] Unknown:
K. It's amazing how good a job they've done at instilling fear in the population, isn't it? Oh my gosh. Yeah. Everybody's afraid at this time of year too. Brent. Don't forget Brent told on the air one day here, he said, I've seen grown businessmen wet their pants when they get a letter from the IRS.
[00:59:28] Unknown:
Yep. Yeah. Also, I I paid about $600 in, real estate taxes, And you can get that back if you file all this stuff. There's there's about three or four forms, and they ask all kinds of questions. And I just wondered if that's if it's worth going through the hassle to get that back.
[00:59:56] Unknown:
I don't know. That's a probably a subjective decision. How much cash are they giving back giving back for you?
[01:00:05] Unknown:
Yeah. They it's it's just it's just so convoluted, and it's confusing that, I'm not even sure I wanna do it.
[01:00:16] Unknown:
Yep. Well, that's a decision you gotta make. You gotta justify what you're gonna put into it versus what you're gonna get out of it if you do it, I guess, the way I'd look at it.
[01:00:26] Unknown:
Yeah. That's the way I look at it too.
[01:00:30] Unknown:
And don't know. I I just I I really continue to see the emphasis on the tax issue and the fact that this is the key component of their whole scheme is the tax issue. Because all the rest of it can work just fine, but if they don't extract that tax and pay those bondholders, the whole thing turns upside down. So it literally is, is the hammer for the whole thing. And that is why they make them so nasty and mean and do the things they do And, to get you in the corner shaking at the mere mention of their name or a a letter appears in your mailbox with a little they don't forget. They don't use franking charges either. Do you ever notice? They stamp everything.
[01:01:22] Unknown:
When when I first instituted the tax, it was for 3% to pay for the World War two?
[01:01:29] Unknown:
Supposedly. No. World it was back in World War one when they were doing it. It's when they brought it up and started doing it, but it was sold as a tax on the rich. Yes.
[01:01:40] Unknown:
Okay. Well, ain't that fraud?
[01:01:43] Unknown:
Well, the whole damn thing's fraud. The whole thing's fraud.
[01:01:48] Unknown:
Well,
[01:01:49] Unknown:
why doesn't somebody challenge it and Well, we do. We send them affidavits and say we don't have any part to do with your fraud, and they recognized it. They didn't write you back and told you you couldn't do it, did they? Yeah. But see, that's our you know, the here's the good good news. The only thing that these people fear is us. K? And they fear us just as naked serves in the multitudes with the numbers. Once you get people educated here, man, they really fear you now because you got them. And I'll reiterate, if you hadn't heard this, and I've done, you know, historical research for years. I'm inviting any of you to, fold in on this and see if you can get some results. I've never found anywhere in history that anybody's got these bastards as securely as we've got them right here.
I've never seen that in history. And if anybody else has, I would invite you to come bring me the example and tell us about it. You know, we were talking, played that little thing. You missed it yesterday, probably, Mark, on Louis the ninth. There's a little video clip showed up on BitChute. Look. Louis the ninth was a a real lawyer king for France, and he got involved in the whole legal process and all that. And then he got pissed off at the Jews, and he had a trial with four rabbis on there. And then they went out around the countryside in France and collected 10,000 issues of volumes of the Talmud and burned them all.
And so I was telling that story. We played that clip, and Rex, one of our good listeners out in Colorado, sent me a video. I hadn't watched it yet. I'm dying to, where, there's a statue of him somewhere, and the Jews are trying to get it ripped down. Now all the thousand years later almost. How typical. Wow. How typical is this slime?
[01:03:52] Unknown:
Yeah. Yeah.
[01:03:56] Unknown:
So, anyway, Lee, you got other other, concerns you'd like to voice?
[01:04:03] Unknown:
No. That that's about it.
[01:04:06] Unknown:
Alright.
[01:04:07] Unknown:
I really thank you for your help.
[01:04:09] Unknown:
Well, you're welcome. That's what we're here for. I'm a sleep a little better. Good. Well, that's what we want you to do. Sleep good at night so you can get up early with the roosters and go tackle the farm, and, we're good on you. I don't think you'll have any problem. If you do, call back in or and we'll see what we can suggest.
[01:04:32] Unknown:
Thanks again. I appreciate your help.
[01:04:35] Unknown:
You're welcome, Lee. Who else has got something? I was gonna reach out to see if I could get William. There's somebody for Mark right there. Yes.
[01:04:44] Unknown:
Yeah. This is Michael from Minnesota. Michael. I got an IRS question for you, Mark. Are you there?
[01:04:53] Unknown:
Yep. Oh, he's
[01:04:55] Unknown:
Yeah. I'm I'm in the middle of finalizing my ten forty n r and o I and getting the cover letter finished up. And I've got one ten ninety nine g that is US source from the government. It's a USDA check and it's about $6,000. K. Do I just pay, do I just put that as normal income? Pay pay the 6,000, the tax that I owe? Or or am I able to use my business expense to deduct and show zero income? Or do I just pay the tax on it? Who who is the 79
[01:05:38] Unknown:
linked to? Paid out to?
[01:05:41] Unknown:
My name.
[01:05:43] Unknown:
Okay. I'm I'm a sole proprietor. Okay. Well, if if you're able to deduct expenses and take it down to a little to nothing, then, yeah, do that.
[01:05:54] Unknown:
So you're able to why I'm able to use the standard, Michael?
[01:05:59] Unknown:
I couldn't understand what he said. I don't know if you could or the audience I didn't either. I yeah, you Get back on the on the good, audio here. Uh-huh. Alright. Hang on. Let me Some of them. All these devices. That's okay. You sound better right there. You're certainly fine right there. Oh, that's not good.
[01:06:19] Unknown:
Okay. Well, the, you know, if you if if it's a USDA check made out directly to your name, then you can either claim it full at $6,000 or if you have the means of, deducting expenses from it and taking it down to zero or nothing, you know, or a low amount, then do that.
[01:06:47] Unknown:
So as a national, we can use the we can still use a, the standard deduction of, you know, a single file. There's around 14,000, isn't it? Standard deduction. Oh. Or 16 whatever that number is. Right?
[01:07:03] Unknown:
Well, I don't know what you did before. How did you how did you, take off your expenses prior to being a
[01:07:12] Unknown:
with a ten forty. And that $10.99 g Okay. Would just it was just in a big soup bowl of the rest of the $10.90 nines I got reported, and it was normal income. Right? And then I had all my other expenses on the far profit loss schedule f for the farmer is a schedule f, and it had the income and expenses, and then you had the net income on the bottom. And then you use that net income on a schedule one. And I'm not a CPA, but I would have to
[01:07:47] Unknown:
I I would have to look at the ten forty n r, and if it allows you to use a schedule f or a similar type of form, then then I would do that. I'd do everything I can. It really does. I did that. Okay. Well, then perfect. Then reduce it all the way down as far as you can.
[01:08:04] Unknown:
But but I didn't know as a national that yeah.
[01:08:09] Unknown:
No. National no. People get confused about this, but the national's pretty much has every every right to tax deductions and running businesses as anybody else would in The United States.
[01:08:22] Unknown:
Yes. So
[01:08:24] Unknown:
don't don't and don't sweat it. It's not like if you make a mistake, they're not gonna kick down your front door. No. This this is what gets me. People have been put under such fear that they think if they make one little tiny mistake on a tax form, that they're gonna the IRS is gonna come in and knock down their door and drag them off to jail and take all their property. It doesn't work like that.
[01:08:49] Unknown:
Especially if there's something Process. Like, $66,000 as a subsidy. What what's the tax maximum gonna be on that?
[01:08:59] Unknown:
I was like A hundred a hundred and $20?
[01:09:02] Unknown:
How much? 800 what you said? $809?
[01:09:05] Unknown:
I I think it was 800 and some dollars.
[01:09:07] Unknown:
Out of out of 6,000 that you owed back to?
[01:09:12] Unknown:
Well, it was what am I at? 22%?
[01:09:16] Unknown:
Okay. Well, maybe. I don't know. I just hadn't fooled me that stuff and not even in your capacity. So I I'm I'm ignorant here. That's why I turned this stuff over to Mark.
[01:09:28] Unknown:
I did oh, so my question you answered my question that we're able to use expenses to lower Not that US source in Okay.
[01:09:40] Unknown:
Yeah. May I? Sure. Okay. Sure. Julie, you got something to add here, sweetie? Responsible.
[01:09:45] Unknown:
Yeah. I do. So if you go to the instructions, and Mark helps me with this, you just go and type in IRS PDF, instructions form ten forty NR. You, there's a cutoff. You don't have to file if your adjusted gross income is, I think the cutoff is a little bit over $25,000 So if that's all you have to report, then you don't have to follow, you're below that limit.
[01:10:13] Unknown:
What about we have to report our gross exempt income on that OI and then on that one, is it one k line one k of the gross income that you wanna be exempt from?
[01:10:31] Unknown:
Well,
[01:10:33] Unknown:
you know, I guess No. That's a total. What Julie's saying is you have a total. She's saying it's 25,000. I don't know what that is. I haven't looked it up because It's in table a, Mark. That I've helped.
[01:10:45] Unknown:
Yeah. It's in table a. Yeah. It's in table a, and it says if you have adjusted gross income below this, you don't have to file.
[01:10:56] Unknown:
So that's adjust adjusted gross income.
[01:10:59] Unknown:
Yeah. So that's after deductibles.
[01:11:02] Unknown:
So now think about this, if your total income is below that amount, you don't even need to worry about adjusting it down. So if the total I think Julie said it was 25,000 and you you got a check that would be from the government at 8,000, you don't need to worry about adjusting it down because it's already below the $25,000 max for having to even report or even have to file.
[01:11:31] Unknown:
So it says right here on the table a, it says if you're single, and you you have to make at least 25,200, of adjusted gross income, not gross income, adjusted gross income. So if you're below that, you have zero tax.
[01:11:49] Unknown:
There you go.
[01:11:50] Unknown:
Sounds good to me, Michael. Yeah.
[01:11:53] Unknown:
And are you okay if that is the case? Should I should can I ask one more question?
[01:11:57] Unknown:
Sure. Let me inject it before you do. It's always better to ask forgiveness than permission. Go ahead. Exactly.
[01:12:05] Unknown:
And that's on page 23 of 54. It's on the lower right hand side and it has whether you're what you're what you're how you're filing, single, married, filed jointly, married, filed separately, or head of a household. And if you're single and you make less than $25,200 you don't have to file.
[01:12:26] Unknown:
Okay. So my question is because that $10.99 gs is a U. S. Sourced income And I got I I don't add that $6,000 into my, gross income that we on that line, that exempt from treaties. Right? I I was more worried about I was, like, pointing out that I don't not including this US source into my treaty line,
[01:12:53] Unknown:
in gross income. Back up. Micah, let's back
[01:12:57] Unknown:
up. Are you filing for a refund? Do you did there I am all I'm trying to do is I'm trying to get my estimated taxes that I paid in 2024 back.
[01:13:09] Unknown:
Okay. Then, yeah, you need to you need to you need to point that out as income. Yes.
[01:13:15] Unknown:
So I should point that $10.99 g Yes. As income from the government. And then when it comes to what you owe stuff.
[01:13:26] Unknown:
Yeah. You don't owe anything. You're you're below the taxable amount. You gotta like Julie said, go look at that tax table. When did you file your affidavit,
[01:13:37] Unknown:
Michael?
[01:13:38] Unknown:
Of, I did it twice. One was in February of twenty four, and then it did it again in July. Okay. I think you or somebody on the show recommended to add that 26 CFR, code
[01:13:55] Unknown:
on the affidavit. So then I filed You could if you want. Well, it's it's basically that paragraph's in our sample, and you must not had it on there. Okay. So you'd be exempt from taxes from last year, but you paid in the estimated quarterlies. Right?
[01:14:11] Unknown:
Mhmm. I did. I didn't know what I was you know, I didn't know listened to the CPA, did what she told me to do.
[01:14:18] Unknown:
Okay. Alright. Well, you ought to be able to get that back, it seems. Hold on, Larry. Let's okay. What, Larry? You got a suggestion here?
[01:14:27] Unknown:
Well, I just wanna interject. So I just wanna make it clear in my mind too. So what Julie's saying is if you only earn a certain amount, you're you're not required to file a federal income tax. Form. Is that correct? Yes. Well, does that matter if it's if it's a check that comes directly from the government? Like, if you work for the government or in Michael's case, this is a check. Let's call it US paycheck. That's Right. Because you've always taught us that, from whom you receive a benefit to the same you owe the duty. So if the if the national government gives you a check for several thousands of dollars, I would think you are responsible for paying the tax on that just like if an FBI agent or anyone else that works for the government receives a check from the government, they have to report that, don't they?
[01:15:28] Unknown:
If the the government's got a record of it, if they pay you and you're employed with them, probably not indirectly, but certainly directly, you owe a tax on the money. They gave you the funds. You they can tax you on it.
[01:15:44] Unknown:
Right. Now does that what Julie said hold true that even though you're a government employee or you receive checks from the government Not at all. US sourced. So if it's below a certain amount, would it still apply? I'm just brainstorming. Maybe you might hope it's I think so, Larry. I think so. It wouldn't apply.
[01:16:04] Unknown:
I mean, no. I think it would apply. If you yeah. You just don't have to file. Again, better to ask forgiveness and permission. If they think you needed to, they'll send you some kind of correspondence more than likely. And then if that happens, you go back and fulfill it. Better to ask forgiveness than permission.
[01:16:23] Unknown:
Now check this out. If Michael had not paid in estimated taxes and the government money was below the filing requirements, maybe you wouldn't have any facts on that.
[01:16:35] Unknown:
Mark, I got that I got that fidelity problem with you again. You sound very distant, and I know everybody wants to hear exactly what you gotta say. So make that switch over if you would, please. Sorry to have to do this. It has to do with some of these little buds and headphones and devices and Yeah. Yeah. Go ahead, Mark. Sound good. Yes.
[01:17:04] Unknown:
So, kinda lost my train of thought, so bear with me just a moment. So the thing is But talking about filing under filing under that limit and and Michael's estimate yeah. Go ahead. Yeah. So if Michael had not paid estimated taxes and he was not pursuing a refund, it appears he would not even need to file Yes. Yes. I agree. Because he's below the $20 amount. Now we're, we're getting a little confusion is, is Michael's receiving some income sources that are not from the government and he's got an income source from the USDA, which is the government, Right? So I believe you said, for example, it was $6,000 he received from the USDA.
And and if on its face without taking any deductions, if that is below the filing requirement and and would be exempt from any taxes. Right? Because normally, you gotta reach a certain dollar amount before you start owing taxes Yeah. On on income. And if that 6,000 is below the amount and there would not normally be any taxes on it, he wouldn't have to file a tax return except for he's trying to get a refund of his estimated taxes because of, VA didn't know what was going on, didn't understand it, and and and advised him to pay estimated taxes then. If he hadn't paid the estimated taxes then, we wouldn't be having this conversation That's that's really other than to say, no. You don't have tax returns.
So for 2025, please don't be paying estimated taxes unless you expect to owe taxes at the end of the year.
[01:18:54] Unknown:
Did you get all that, Michael?
[01:18:56] Unknown:
Yeah. I did. Yep.
[01:18:58] Unknown:
I agree with Mark hundred percent.
[01:19:02] Unknown:
Roger.
[01:19:03] Unknown:
Yes. Larry again.
[01:19:05] Unknown:
So is Mark saying that he's Michael should on the side of caution and pay the tax on the 6,000 since he's trying to get back all of his, payments?
[01:19:17] Unknown:
That wasn't what I got out of that. Would do you wanna address where Mark Only
[01:19:22] Unknown:
only if he owes a tax on that $6,000 But from what I from what Julie was saying, and I don't have the tables in front of me, but it sounded like according to Julie, it was $25,200 adjusted the gross income before you have to file. Yeah. So anything below $25,000 is pretty much it's not you're right. It's exempt.
[01:19:49] Unknown:
Mark, they give an example, of this. They say share Shannon's filing status is married filed separately. Her taxable income from ten forty and our line 15. You go to line 15 is 25,300. And so she finds the 25,300 to 25,350 taxable income line. Next, she finds the column for Mary filed separately and reads down the column. The amount shown where the taxable income line and filing status column meet is $2,807 That is the tax amount Shannon should enter in the entry space. If you're below $25,200 there is no tax due. There's no tax owed period. And it's again, it's, on page 23 of 54 of the, of the IRS.gov, of the sample table, form ten forty NR and it's the twenty twenty four form. I'm happy to post it in the chat room. But let me let me explain this though. Since you are
[01:20:54] Unknown:
since Larry I'm sorry, Michael is filling out a ten forty n r, he needs to list the $6,000 as income. That particular $6,000 is not exempt under the treaty section that you're talking about. All your other funds, except for the USDA, six thousand dollars will be exempt under that treaty section. Okay? So you still have to carry your 6,000 through that ten forty n r, but you're gonna show that the tax on that is zero. And then when you show your estimated taxes, that's gonna be your refund for 2024. Not difficult. It's a little it's a little convoluted, but it's not difficult to understand. And and if you and, again, if you had not paid estimated taxes in, you wouldn't have to file anything. Uh-huh.
[01:21:52] Unknown:
We wouldn't have been talking about this for the last twenty minutes.
[01:21:56] Unknown:
Right. Unless you're above that $25,000 mark like what Julie just described. Also, in the October, you cannot file married and jointly. It's always single or married filing separately. You cannot file married filing jointly. There's no such thing. It's not allowed. Okay. Alright. Larry, Michael, any other questions? Thank you. You're welcome. I hope that helps. Did that help clear it up for you?
[01:22:33] Unknown:
I believe so. I'm gonna relisten to the to the show. Okay.
[01:22:38] Unknown:
Yeah. I had a question.
[01:22:42] Unknown:
Alrighty. Was it was that Larry? So
[01:22:45] Unknown:
I would suggest if if, yeah, it's Larry. I would suggest if Michael's gonna go the route of listing the $6,000 from the USDA on the ten forty n r on the appropriate line that maybe he includes this that statement that Julie read, you know, like, he can copy that page from the IRS rules. It's not necessary. They know what it is.
[01:23:09] Unknown:
It's not necessary. Just put it in there like the instructions require. They know what it is. It's all done through a computer. So it's not necessary to put a statement down there about the $6,000 being from a USDA or federal source. You just list it as income.
[01:23:30] Unknown:
True. The first line
[01:23:34] Unknown:
wants to know what your income is, and the federal income is going to be $6,000
[01:23:44] Unknown:
Mark, you mentioned filing set filing married, filing separately. Is say someone amends their previous filings to get one, two, or three years back, and they're married to a US citizen wife. Well, do they have to they're gonna amend their filing so that they can get that That's that's do it.
[01:24:10] Unknown:
Yes. You both have to do it. I know where you're going with your question. US citizen the US citizen spouse has a file. Let me Let me Let me for you. Hold on. Let's just cut to the quick real quick. If you have a spouse who's not a national and you are a national and you're trying to go back three years to get refunds, then both of you are gonna have to file amended returns. So the The United States citizen spouse will have to file an amended return as a ten forty as married filing separately. So they're gonna have to redo all their taxes. And then the national is gonna do a ten forty n r married filing separately.
And then you gotta use the ten forty x, and you both will have to have your own ten forty x and submit that. And then you have a copy of your original ten forty that you filed together jointly. Both of you will use that in your amended tax return. So it's gonna be extra trouble if you're if you were married and you filed jointly and you're trying to go back and get a refund, then you're gonna have to completely do your taxes all over.
[01:25:28] Unknown:
Okay. And go along with that as
[01:25:32] Unknown:
Wow. Oh, let me just have Go ahead. I'm already finished.
[01:25:36] Unknown:
Yeah. So say in the same scenario, the national's married to a US citizen spouse, and just like you just described, they have to each amend their own separate filings. One does the two forty, one does the NR. What if the what if the US citizen spouse doesn't have any income?
[01:25:59] Unknown:
Well, they wouldn't have a filing requirement then. Okay. You just wanna verify. You would just you would just do your ten forty n r. Yes. Now I'm I send the letter in with with my ten forty n r saying my US citizen spouse did not have income that would rise to the level of being taxable, you know, or had no income for this tax year, whatever that tax year might be, and then be up to up to the IRS to come back and say whether they had a filing requirement or not. So that's that's the best scenario that you're in, Michael, is if you have a spouse who didn't have or Larry, you didn't have a spouse who had a filing requirement or didn't have any income, then that makes it a lot easier because they don't need to even file a return.
So now the nonresident, national can go ahead and file just a normal ten forty amended and, submit that to the IRS, the ten forty x, their ten forty n r, and a copy of their original ten forty that they previously filed.
[01:27:16] Unknown:
One more thing, Mark. Michael called in the one day who was looking for success stories on students that got back their, you know, their their withholdings maybe for three years. And, have you had any, you know, recent success stories helping these students? I've I've
[01:27:36] Unknown:
the only the only person that and I'll say allegedly claims to receive refunds for three years was, John, I think his name was Garland. Is that right, Roger? Yeah. I I believe that's true. I know it was received a refund for any of their past three years.
[01:27:59] Unknown:
Okay. I thought you were helping a student, like, a few months ago, and I just wanna let's go. We were we we were We were we were We were we were We were we were We were but, you know, it's like the IRS has just gone silent. Now Dave,
[01:28:12] Unknown:
the nationalstatus.com website, Dave, in Alabama, he's been corresponding with them. They they had been for a while, kept saying, you know, give us an extra sixty days, give us an extra extra sixty days. And then finally, they come back and said the ten forty n r that he used or ten forty x, one of those two forms, was from the wrong year. So in other words, like, he used a 2024 form on a, like, a 2023 tax refund request. Oh, jeez. So he had to go back and redo that. So we're still hopeful that he'll receive a refund, but it's still in the works.
[01:28:55] Unknown:
And we did have a guy that got one pretty good size a year back, and Nancy's gotten a couple of smaller back. So there's been some intermittent successes, but not straight across the board in all three years especially, Larry.
[01:29:12] Unknown:
Yeah. We've got re if you have not previously filed a ten forty, a regular ten forty, and instead you filed a ten forty NR, we've got refunds on those. That's not a problem. But when it comes to amending and trying to get back previous amounts that were paid in under a regular ten forty as a US citizen, I don't know anybody who's successfully done that yet. We're still hopeful, but so far, I haven't haven't seen anybody who's been successful in that. I don't know how much So I talked aside
[01:29:47] Unknown:
go ahead. I'm sorry, Mark.
[01:29:50] Unknown:
I I talked with a student, recently, and she called in, to the IRS. And they're saying that it could take, like, up to eight months to process and amend it ten forty n r. So just FYI.
[01:30:05] Unknown:
Yep. Well, there you go. Or not at all. Don't forget Trump is whacking them. They closed a 20 IRS offices around the country and and and fired a bunch of people at the IRS already. I don't remember the numbers, but these people are in turmoil already. They if you'll remember when we talked about the you know, here's what happens. When they collect your taxes, they pay the bondholders. And if there's any excess, they turn it to the treasury. K? So they can get money and they have for the ninety two years that they've been with this system in existence until 2023.
And they didn't make a remittance payment that year. It's the only year. And that's because about a third of the people in the country would have had in COVID right then stopped filing. So they just didn't have those files. So they're still under a lot of those impediments from being short staffed. Now, Trump and them are cutting people off, and they're I think they're telling them they're about to be extinct because of tariffs. I I I don't know how much incentive they've got to get in there and and do have the refund department properly funded. Let's say that way, Mark. Yeah.
[01:31:26] Unknown:
I don't think they can close the doors because there's too much stuff that's ongoing. It may take them a while to wind it down, and they may stop doing taxes altogether. But there's still gonna be some ongoing, you know, winding down of business, if you will. And Uh-huh. I do know this. If you don't put in for a refund, you definitely won't get one. Yeah. You won't get one that way.
[01:31:51] Unknown:
Now, Larry, you have a question. Roger?
[01:31:54] Unknown:
Yeah. Roger, I told you the other day that, Melon Cross what?
[01:32:01] Unknown:
No. Go ahead. Yes. There was somebody else wanna say something. I talked the other day that she was the third,
[01:32:06] Unknown:
commissioner to resign from the IRS. Oh, yeah. Right. So you had, yeah, Werse, and then McDonald, and and now Cross. And her name is spelled k r a u s e, Melanie Cross. And so my understanding is she resigned because the the Department of Justice wanted access to IRS data so that they can use that data to find out where all of these illegal immigrants are located. And she did not wanna participate, so she stepped down. And the the point of bringing this up is a lot of students might think, well, who should I send my notices to? Well, I was reading in the same article last night that, she's still acting commissioner. Even though she resigned, she's still acting commissioner until May 15 until another commissioner is appointed. So you can still send your notices and address it to her.
[01:33:07] Unknown:
You do that. You just send it head of acting head of IRS, commissioner, whatever. The the the thing is is we got the sword cuts both ways. They can send something to your last known address and you can send something to them. And once it enters the postal system in those ways, it's considered received whether they got it or not. Always keep copies of what you do too.
[01:33:35] Unknown:
Hey, Roger. Hey, Roger. Good people. Thing on that.
[01:33:39] Unknown:
Okay. Hold on. Go ahead, Mark. I'll get you in a second. If we have if we have commissioners or or some type of
[01:33:46] Unknown:
of directors who are resigning and it's been like musical chairs, you put that person's name down, whoever is the current director or commissioner or whatever they are, Put their name down and then you put or acting commissioner or whatever their title is. So if by the time it makes it to that desk, if Kraus is or Cross is no longer the acting IRS commissioner, then it goes to whoever is. So that's the way you you address that, the name of that commissioner or acting commissioner.
[01:34:23] Unknown:
Yep. They don't get any special rules here for them. They they they're somebody's in line up there. You put it in the mail. Yep. It's considered received. Boom. Okay. Who was the guy that been trying to get in here for five minutes?
[01:34:36] Unknown:
That was me.
[01:34:37] Unknown:
Oh, it's Thomas? Oh, it's Joe.
[01:34:40] Unknown:
Yeah. It's Joe.
[01:34:42] Unknown:
Hey, Joe. Talk right in the microphone, buddy. You're a little faint. Good to hear you. We haven't heard from you in a while.
[01:34:49] Unknown:
Yeah. I've been, pretty busy, but, can you hear me better now? Yeah. A little better. Thank you.
[01:34:55] Unknown:
Alright.
[01:34:56] Unknown:
Alright. So one thing was that, I I was doing I was helping somebody get trying to get their return, and he ended up calling one of those tax advocates. And he had a meltdown at to talk it to them because they told him he was gonna go to jail. Right?
[01:35:14] Unknown:
I mean, there is just
[01:35:15] Unknown:
a it was just a nasty woman on the phone. But from from the conversation, what what it sounds like is what happened is that the the agency is losing like, there's, like, like, hundred over a hundred thousand people have done this revocation of election in the last, like, two years. And they're having a complete collapse No. No. Internally. Right? They can't even handle it anymore, And this is why they're not issuing any more refunds to people because they don't have the money to do it. And if they were to do that, it would be a total collapse of their system. So they're not issuing the refunds.
[01:35:52] Unknown:
Isn't it nice to find a pressure point where you can apply a little leverage?
[01:35:58] Unknown:
It's it's a beautiful thing. The other thing is though that if some people are just doing the filings wrong, and the thing is that when you do the ten forty n r, you're supposed to include a schedule o I along with that to show all the exempt income that was made Yep. Along with the ten forty n r. But that that's what's been going on is that they can't they're not able to do all the refunds because they just don't even have the the money to do it. I would have suspicion that, especially after
[01:36:29] Unknown:
after Doge went through. I would have suspicion that, Joe, but I'm really glad to hear you bringing that to us today because it makes perfect sense, really.
[01:36:40] Unknown:
Yeah. The tax advocate the the tax advocate made it very clear that she was like, we've issued too many refunds as it is. And, you know, I mean, she was really nasty, the guy. But she she basically said that they were issuing these refunds, but they can't do it anymore.
[01:36:57] Unknown:
Yeah. They gave too much, fun. They gave the funds to the migrants, Joe. Yeah. Roger.
[01:37:04] Unknown:
Alright. Hold on. We'll get to everybody.
[01:37:07] Unknown:
Yeah. Well, yeah, there was that. I mean, I'm I'm that's probably part of it too. But the other thing was that, the fact that, you know, so many people have already done this. They're they've been sending out other types of letters, right, telling people that these are frivolous, statements. Right? Yes. Which which is hilarious because they they went because I've actually addressed that with them, and they come back saying that there is no penalty for the frivolous statement. And, they did then they don't wanna talk to you anymore. But I also asked them. I said you know, in the letter that I wrote, I said, well, if the like, just show me where in the where the in the, tax code where you can bypass the first amendment right to free speech.
And they didn't wanna have a conversation with me anymore.
[01:37:56] Unknown:
Yeah.
[01:37:57] Unknown:
So Okay. I you know? So they because they were saying they were gonna do penalties and stuff like that, but they said if you do a frivolous filing, there'll be a penalty. So So they're not gonna file anymore.
[01:38:08] Unknown:
Yep. It's all bluffs. But that's good information to know, Joe. I really appreciate it. Now there are several other people that wanted a female wanted in. The last one I remember, the I think there's a couple others. She's just the one, and she's a it's Rochelle. So we're gonna get you first, Rochelle. Go ahead.
[01:38:26] Unknown:
Besides the USDA, what other check or income is taxable? You said two.
[01:38:38] Unknown:
It's anything with a source from the federal government or eight seventy one b and eight seventy seven b. Those are both in the IRS's jurisdictional statement that nonresident aliens have to file and are are if you it's if you got a pencil, it's 26 CFR 1.1 dash one parenthesis small a. That's where you'll find that, Rochelle. Okay?
[01:39:18] Unknown:
Give me an example of it.
[01:39:21] Unknown:
One of those two, none of our people will ever owe because it's dealing with expatriation mainly for taxes. Well, we don't you know, somebody may, but that's when you're trading one our passport for another country's passport. It's a long, expensive, time consuming, takes months, process you have to do through the state department. The other one is what is, a tax on the dividends, not there's any stock premiums, but dividends from federally or state chartered corporations. It's just on the dividends that stock might pay you. K?
[01:40:07] Unknown:
Alright? So as long as we don't expatriate and as long as we're not getting dividends from
[01:40:13] Unknown:
any Yeah. You are you are not corporation.
[01:40:17] Unknown:
You are not Roger that's most of us. Okay.
[01:40:20] Unknown:
It is. Yes, ma'am. There's another female. Who's that? Yes. Hi. Hi, Roger. It's Robbie.
[01:40:26] Unknown:
At one point, you and Mark were going to do the ROEs,
[01:40:32] Unknown:
for anyone that wanted them. Yes. Well, we've done a bunch of those, and we hadn't had much success getting them back. That's what we've been discussing dealing with.
[01:40:42] Unknown:
So is Mark gonna not do it is is Mark gonna stop doing this now?
[01:40:47] Unknown:
Well, I think if we don't we are seeing success, you're kinda like you're peeing in the wind, isn't it?
[01:40:54] Unknown:
Yeah. I just, was wondering about that.
[01:40:58] Unknown:
If he start getting some back, maybe he'd start picking it up again. But at this point, he's, spinning his wheels there, and the man's got a lot of things to do. And I don't blame him if he put it on the back burner. And if you waited too long and still been waiting on this to do it, then it won't. Sorry. Procrastination bites sometimes.
[01:41:18] Unknown:
It's it sounds like they've changed their policy on this then. Well, you're like they've changed like they're,
[01:41:24] Unknown:
yeah. I you know, I was surprised they let some of that stuff out anyway. Yes.
[01:41:30] Unknown:
Who who's the guy there? Yeah. This is Mark. This is Mark. Go on. I think they're overwhelmed, Michelle. But you can you can, for the most part let me back up and say this first. If you're seeking tax refunds for previous years, in 2021, which you filed, the deadline was May seventeenth of twenty twenty two. They extended the deadline because of COVID. COVID. Right. So you have in May seventeenth of twenty twenty five to put in a refund request for 2021. So if if you're trying to get a refund for 2021, it's not too late to get it in. I would do my best to get it in, so it's delivered before May 17, or at least put in the mail a couple of days before May 17.
So, people are kind of freaking out right now over the deadline. I'm like, well, you're a national. Unless you owe money to the IRS, the deadline is really doesn't matter. If you're seeking a refund, the IRS hopes that you never knock on their door and ask for your money back. But if you owe the IRS money, then by golly, you better make that deadline or they're gonna try to try to hit you with, you know, late fees. Now the good news, I don't think they can do that to nationals. I know they can't do frivolous filing on you because we're not under their jurisdiction.
Correct. It's it's really interesting. I mean and, Roger, if if Joe's right about a hundred thousand people that have done this, that ought to warm the cock with a little bit harder. Well done. Because because, the 35,000 that they, ripped off of you is, I'm sure well well been compensated for.
[01:43:27] Unknown:
I've been married. Pound of flesh. That was just the amount. I've got that was just the amount they stole. I got penalties and interest too.
[01:43:36] Unknown:
Oh, yeah. Yeah. Well, they're sure paying for it, aren't they?
[01:43:40] Unknown:
They sure are. And as is in history, they always they make their own worst enemies. I mean, they really do. They think they're gonna overage and show you how big and badass they are because they gotta instill this fear in you. And yet when they do do that to people and they ruin their lives, then they've got a lifelong enemy just like me. And you guys but I'm a formidable enemy for these bastards. Okay? Absolutely. Absolutely. And Well, you are too. You're like you're like little nukes out there. Go ahead, Mark. Yeah.
[01:44:14] Unknown:
Well, you know, a lot of people have done that, and it seems like mostly engineering types. I'm trying to think the guy's name, Carl Dahlstrom, out of, Texas. He was some type of engineer and crossed paths with the IRS, and he said, by golly, I'm gonna figure out how to stop you guys. And, I mean, he dedicated the rest of his life on on how to how to deal with the IRS and not not owe any tax.
[01:44:40] Unknown:
And what you've gotta do is you've gotta in your mind, through this understanding as you come across it, you gotta build that structure of their structure in your mind. And when you've done that, you can find the weak points really easily. Because they they can't do any they don't have the power to do all this stuff they're doing. There's got to be fraud, trickery, and deception in them being able to put themselves in that position. So the deal is just to find those, confront them with them. It's always based on fraud, and they always go away.
[01:45:14] Unknown:
Yep. One thing I'd like to point out, Roger, and this may be more important now than ever. If we're going to start having problems getting refunds just from the normal tax year, then I really would like to encourage people to consider trying to get their their, their payments, their their, help me out here, the income, go exempt on your taxes. Because if you're gonna have to wait around eight, nine months or longer to get a refund from the IRS or from a state taxing agency, then I would I would encourage you to really strongly con consider filing for exempt, so there's not withholding any federal or state taxes.
And and and you're allowed to do that if you didn't owe taxes last year and you're not expecting to owe taxes this year, then you can lawfully file a a exempt w-two, excuse me, w-four, and then whatever your state uses. Oklahoma, California, they have an okay w-four form. They have a CA for California. They have a CAW-four form. I think I recently looked up one for either Minnesota or Michigan or somebody like that and they had their own different form number and everything. Okay. So you have to look at what your state equivalent to the the 10 or excuse me, to the w four, the federal w four form, and then and see what you gotta do to go exempt for your state income. If you just go exempt on the w four, they'll stop withholding income tax for the feds, but they won't stop withholding income tax for the state.
Right. Yeah. You gotta do both. Good plan. But I would encourage you to consider doing that, folks. I mean, as a national, there's really no reason for you to be withholding taxes, paying estimated taxes unless you think you're gonna owe a tax, at the end of the tax year.
[01:47:24] Unknown:
Yep. In Minnesota, by the way, Mark, I heard that they had the instructions written on tampon wrappers that you can find in the men's bathroom.
[01:47:36] Unknown:
It's jazz pants.
[01:47:38] Unknown:
Hey, Mark. Who was the who's that? This question is Jack in Colorado.
[01:47:43] Unknown:
Hopefully, it's not too loud because I'm in my car. But, hey, quick question. So if the if IRS is sitting on these ten forty n r's and they owe us money, at what point and how easy would it be to go ahead and sue them because we can sue since we've paid tax?
[01:47:59] Unknown:
Now you could try it if you wanna go through that. Wouldn't be a bad angle to take. Right, Mark? You wanna go through the crap depending on how much you're owed.
[01:48:08] Unknown:
Just don't forget, you gotta exhaust your administrative remedy first. So you're gonna have to go on under
[01:48:14] Unknown:
It takes a year. Like, it took a year for them to get back to me. And if it's taken eight months, I mean, at what point do you know when to ask for the next step in your administrative remedy or if they're just blowing you off or it's like you know?
[01:48:27] Unknown:
I see you do right now. Keep hitting them with yeah. You got gotta keep hitting them with some letters, and then you have a taxpayer advocate that can is supposed to work on your behalf. Sounds like Joe, in New Jersey had a a somebody was having a different opinion because the taxpayer advocate basically said you're going to jail. So when that happens, then what are you supposed to do? Then your next step would you you know, if you've exhausted your administrative remedies and everybody's turned their back on you at the IRS, your next step would be to go to fed your local federal court and force their hand and ask for a tax refund.
[01:49:12] Unknown:
Yep.
[01:49:15] Unknown:
Then I would try to avoid that if all possible. But Right. Never promised you a rose garden, Jack.
[01:49:23] Unknown:
Yeah. I'm just thinking that if they if they're gonna if they're bluffing now and they're just gonna not pay these out and just sit on them, then maybe these are really with Paul. Maybe they'll only pay maybe. Well, I've already done that, but I'm just saying Okay. They owe me a lot from the past three years, but I'm just thinking the only people they'll pay out are the people that actually take them to court.
[01:49:42] Unknown:
Well, it may take It may be, Jack. You know?
[01:49:47] Unknown:
Maybe. So who else, who else who these tax, tax days? I think it is because, what? Tuesday is April fools' day? I think that's right. Yeah. Yeah. Yeah. Everybody's everybody's frantic right now, and they're, like, holding their breath. I'm getting all kinds of emails. I can't I can't watch the masters. I've gotta take all these little pieces of paper and go into the dining room table and spread them all out and spend eight hours doing all that crap. I can't watch the masters this weekend. Sorry.
[01:50:24] Unknown:
And if you if you are watching the masters, you're gonna see all kinds of tax commercials. Of course. For H and R. Oh, I got something interesting. I won't name the name, but there's one very famous tax preparer nationwide that I had a friend who's had a relative work for them and they went through their first tax season and then the second tax season rolled around and they said, where is your list of, they had a name for it, but it was tax cheat, basically. So if they felt like somebody was cheating on their taxes, this big, big, famous nationwide tax preparer was turning them into the IRS.
And if the IRS collected, they got, like, a 10%,
[01:51:14] Unknown:
There you go. Collection fee. Snitch fee. Yes.
[01:51:18] Unknown:
Yes. They got a snitch fee. That'd be the perfect. So, man, when I found that out, I'm like, there is no way in the world I'm gonna be using somebody, a nationwide firm. And I bet they all do it, but I would not you know, I'd be very cautious using them. And, man, thank you, Roger. I just don't have to sweat taxes anymore. Frivolous filing penalties, none of that junk apply to us as a national. And it's just so liberating. And April 15, and once you go through this, once you go through your first one, the next following year, April fifteenth will be just another day like any other day.
[01:51:59] Unknown:
Hell, they've been with me since they stole all that currency at my house closing.
[01:52:06] Unknown:
Yeah.
[01:52:07] Unknown:
You've you have I have you ever heard that story, Mark?
[01:52:11] Unknown:
Yeah. I did. I was like, what a shock to be at the at the closing table. Yeah. Go ahead.
[01:52:17] Unknown:
Well, I was just gonna say and have the guy go, yep. IRS moves to the head of the line. I don't know why they do, but but they do. And, yep. Oh, and know the background of it. There was a female. They're trying to say something. I think one of our gals. Who was that?
[01:52:33] Unknown:
Yeah. It's Rochelle. If you have time for a short story of it might help somebody. What happened to me?
[01:52:40] Unknown:
Okay. You got a couple of minutes.
[01:52:46] Unknown:
The IRS came after me when I was, I had filed everything properly through a CPS. I was working three jobs and he didn't file things properly and so they came after me personally. And they did not know at that time that I had, divorced my, Vietnam Husband because of his PTSD, but we were still living together and having children. But I had divorced him because, the health department, people were gonna take our children away from us if I stayed with them. So we divorced, and I had advised my husband to always pay me $300 a month no matter what while I'm living with him just in case they come after me for child him for child support.
So I had covered we had covered our bases, and we're still living together as a lawfully married couple. But one day, I got a call and the men in the black suit came to our house. They, told me, my husband was at work. They told me that they're they're if I don't pay this huge amount of back pay for fraudulent filing etcetera by my CPS because I'm with the I had to pay for his mistakes and that they would take our house, a large amount of money and everything we owned basically. And I said, well, sorry you can't really do that because we've been divorced for over three years and they were flabbergasted.
And when I did that at the time, I had no idea that this would happen. I just was already suspicious of the government at that time because they had done me bad once and that's all it takes. So that saved us because we were lawfully married but not legally married. And that might be a problem with other folks that their wife has something or their husband has something they can nab the couple on. So both parties have to be nationals or have nothing to claim, NIU. Yep.
[01:55:06] Unknown:
Okay. Thank you, Rochelle. Anybody else got something to add here at the end of the Saturday show before an abbreviated weekend? And did you get with John out there this week, Mark? Did you get to meet John?
[01:55:22] Unknown:
Yes, Roger. I did.
[01:55:24] Unknown:
Good. Y'all get to break a little bread together and stuff? Yeah. Yeah. Cool. Alright. Well, again, I can't hardly hear you with that rig on. So, anyway, you you acknowledged it. Good. Well, I so I'm imagining he headed back to LA already. So, good deal. It was always good to meet folks you've been crossing paths with here on the show. Any anybody else got something they wanted to bring up last couple of minutes here?
[01:55:57] Unknown:
Roger? Yes, sir. Roger as well. We we had a chance to break bread. Brent and John and a friend of mine, James, here locally. And so, yeah, we we had a had a good evening.
[01:56:12] Unknown:
Great. I'm so glad to hear that. John's a heck of a guy. Great. Yeah. Larry, what'd you have, buddy?
[01:56:22] Unknown:
Yeah. Just so all the students know, I confirmed this, about a week or two ago. When it comes to assembling your ten forty n r, you don't have to include ten ninety nines with the exception of a ten ninety nine dash r, which stands for retirement. Because if you take money out of your retirement prematurely, they automatically withhold 10% tax. And if you have one of those and you became a national, like, you you did a withdrawal, an early withdrawal, and then you became a national, you're gonna turn that ten ninety nine r in because it's gonna show the tax withholding, and then you're gonna indicate on the appropriate line on the ten forty n r what that amount is so you can get back that 10%.
And the $10.40 n r instructions, the assembly instructions, there's a there's a part in in a part in the instructions that says assembly. It says refer to the ten forty. And so if you go over to the ten forty assembly instructions, it basically says the same thing. It says nothing about including your ten ninety nines with the exception of the ten ninety nine dash r. And the reason being is because the IRS gets a copy of your ten ninety nine from different, employers. And so it's not necessary to send that in. Okay. Because some students have stacks of these things.
Man. Just FYI.
[01:57:53] Unknown:
I'm so glad to be done have this behind me for so many years. I hadn't dealt with all that crap in so many years, and it's just such a slight going in and all this technology stuff, kinda, to me. Anyway, that's, you're you're blessed by that. Because, of that, I went after jurisdiction instead of focusing on the tax issue. And we've got the master key that allows all of it to work in our favor. So good deal. And I'm happy you guys are along for the ride, and I'm happy to touch your life and change it because I don't know how you can get into this stuff in any depth where it doesn't change your life. So, anyway, welcome. You're like family. You are family.
And, I love all of you because I tell you and, really, you get out and start talking to people about this. And if you don't understand what I'm saying right there, you will shortly. K? So, anyway, it's a wonderful life to live, and it's a wonderful feeling to really be free. Not many people in the history of the planet have ever enjoyed this feeling. So I hope you appreciate it.
[01:59:07] Unknown:
Roger?
[01:59:09] Unknown:
Yes. Samuel?
[01:59:11] Unknown:
Yeah. I got a question from Mark.
[01:59:15] Unknown:
When
[01:59:16] Unknown:
when there's a case I'm trying to figure out this one case that has to do with elodeums, and it's called, NEF versus The US. But behind that case, there's a whole bunch of numbers. What? Why are they putting those numbers, common numbers, comma, comma? Is that the progression of it? Or what is that exactly?
[01:59:41] Unknown:
Well, typically, a case is is reported in a set of books. So you'll have, like, Pacific Reporters, it'll be, like, third edition, second edition. And it and it's it's a I wanna call it. It's where you can actually physically go pull the book off the shelf and turn to that case, is what that's designed for. Now now we have everything electronically and almost everything has some kind of link to it, but they still maintain, those in a type of book.
[02:00:20] Unknown:
If I Mark, if I sent you this case with all those numbers, could you take a minute and and see what you can find out on it? I'm not having a I'm getting Sure. Conflict like there's there's, that name will come up more than once, and I'm not sure I'm in the right place on the right one. Yeah. Sure. Send it to me, Samuel. I'll look it up.
[02:00:41] Unknown:
[email protected].
[02:00:44] Unknown:
Okay. Thank you. You're welcome. You headed back to, o OKC there, mister Mark.
[02:00:52] Unknown:
Monday morning.
[02:00:53] Unknown:
Oh, okay. So you're out there for a couple of weeks. Good deal. I'm not out here
[02:00:58] Unknown:
for a week and a half. Yeah. Week and a half. So Great. Today, tomorrow night, back in the middle.
[02:01:06] Unknown:
Do you have a favorite place you hang when you're there?
[02:01:13] Unknown:
Not necessarily. It just depends on the circumstances. Uh-huh. So I would do have some favorite, favorite places I like to go eat, but I don't I'm not into the gambling part. Yeah. So you learn if you if you have a gambling problem, you won't last long in Vegas.
[02:01:32] Unknown:
Nope. I don't have that problem. But you may be right. You know, Barnes is moving back to back home. Did you know that?
[02:01:40] Unknown:
Yeah. I was really surprised at that, you know, because the the nice thing about Vegas is it's got a mega international airport, and everybody loves to come to Vegas. You know, it's exciting, but I found that most people, about three days here, and they're ready to go back home. Right. You know, they party all night. And about three days, they're worn out, and it's time to go back home.
[02:02:05] Unknown:
Yep. Yep. Jay was never my favorite place. I indulged in the food. And you can't I like to watch people gamble. I just don't like to gamble myself because I hate to I hate to lose. That's why. Me too. I hate to lose my money.
[02:02:23] Unknown:
Speaking of Binion's Horseshoe, that used to be, like, people would come into town, and instead of trying to drag him down through the strip, you know, this the Las Vegas Boulevard, you have all these mega casinos. And you're thinking, you see this mega casino, you're like, oh, that's just a couple of blocks away. Turns out to be, like, a quarter of a mile to a half a mile away, and you just walk your legs off. So what I found more fun is I take people down to, Fremont Street, which is the original Las Vegas. And I would I would park in Binion's Horseshoe parking lot, take the elevator down to the First Floor, walk right out through their through their lobby. They have the roulette wheels and then their their craps table, and you'd be just right out on the street. And then they've got the, world's largest television screen is what they boast it as, but it's, three or four blocks long and it's a canopy of a television. And at night, all the exterior lights to the casinos are turned off, and they do a a video entertainment display up and down the the four blocks.
So it's really become quite a quite a fun place to go. They have stages that opens at ends of Fremont Street. And so they usually bring in, different groups on the weekends to play. And it's just it's just a lot of fun. They have some street artists there that do their spray painting on on paper and just do amazing work and just a whole lot of fun down on Fremont Street. I used to also would come out of Binion's and I'd have, you know, a guest with me. And we'd walk straight across to the Golden Nugget. And if you if you know where it's at, they used to have this big display of all kinds of natural nuggets that have been gold nuggets that have been dug out of the ground.
And I think up until recently, the largest one is what they call the praying hands, and it was, a piece that was found in Australia. Just outside a mobile home, a couple, I guess, had a metal detector, and they it was just, like, right out their front door at their mobile home in Australia, and it was massive. If you can imagine taking both your hands and putting them up like you're praying, that's the size of that piece. Oh, just amazing. So anyway, just a lot of fun just to whip down into Fremont Street and, you know, you just walk a couple of blocks and and have a lot of entertainment.
[02:04:59] Unknown:
Yep. It's a pretty interesting place. You can press a lot of buttons there. Yep. So you're headed back Monday. We'll have a good weekend. And, Mark, enjoy it. Thank you. John, I'm sure John took off already. Right? Usually, I would think. But, anyway, he'll see them Monday. There. Well,
[02:05:19] Unknown:
I think he's I think he's here another day or two. But we need to talk to John because, he talked about how to move some money out of retirement accounts to avoid the whole taxation thing a lot easier. So I didn't quite catch all that he explained, but it sounded pretty simple. So we need to talk to him about that for future purposes.
[02:05:43] Unknown:
Okay. Sounds good to me. Yeah. I don't know about all his things he knows from his financial stuff, but he did it for a long time. I know that forty years, I think. Yeah. So, anyway, well, Mark, be be careful, and we'll see you next week sometime and have a safe trip home. And, everybody else, anybody got any questions for me at this point? I
[02:06:06] Unknown:
I have one question for Mark.
[02:06:08] Unknown:
Yes. Go ahead, Paul.
[02:06:10] Unknown:
That couple that found a huge gold nugget, were they finally able to, buy them a new handy dandy fancy flat screen TV after they paid the tax on that?
[02:06:23] Unknown:
I'm sure they did. That was many years ago. I mean, all that, that particular nugget was just about when they started coming out with large screens. It was like 1999, I believe, is when I first saw that.
[02:06:40] Unknown:
I think somebody I think somebody may have found a bigger one out there in Colorado or California with a, a Geiger, a a metal detector, same thing again. Seems like it was, like, 31 pounds or something. Wow. So, anyway, at, anybody else got anything for me? Yes, sir?
[02:07:04] Unknown:
Yeah. By the way, Roger, Binion's Horseshoe is where I learned to play craps. In the daytime, they would have a dollar craps table. And so you can sit there and play craps without losing a bunch of money. A lot of it was fun.
[02:07:19] Unknown:
Cool. I did well, I none of the well, John and them were Mormon, so they weren't gambling. Glenn's Glenn's the gambler. But, John loved that buffet. We ate there one night. I remember They've got a huge pile of fresh shrimp that's a couple of feet tall, I remember. But, yeah, I was hoping y'all would maybe be able to do that in commemoration of John. So, because without him, I would just be here. Yes.
[02:07:49] Unknown:
Yeah. Hey. Can I tell a quick Vegas story and about craps? You know, I'm blind. I haven't always been blind, but I've always had night blindness. And my brother and I had to go to Vegas, like, in 1986 on business. And, we went to the MGM Grand, and, he put me on a slot machine, and I won, like, a thousand dollars on it. First time I was ever ever gambled in my life. And, Yeah. He kept coming back, and he he finally I cashed out, and he took me to the crap table where he was at. And I bought a hundred dollars worth of chips, and I had no idea what was going on. We were standing on one end of the table, and the shooter was way down at the other end facing us.
And so my brother tells me to put my chips down on his number color or whatever, and the guy throws the dice and the pit boss pushes some chips over to me. You know, I won. And I'm looking at him like, What is that? And I reached down to pick up those chips that the dice hit me in the hand. Like, I threw the dice, and, oh, they were so mad. And it happened twice
[02:09:02] Unknown:
before. Oops.
[02:09:05] Unknown:
Oops. Yeah. Yeah. That's They were mad.
[02:09:09] Unknown:
Yeah. I won about a hundred bucks, and then I I I pulled my stuff out of there. And my brother lost, like, $30 he was letting ride. I told him, take half your money off of there. What are you doing? Let me ride, man. And he he find lost it all. What a knucklehead. Anyway, that's my Vegas story.
[02:09:26] Unknown:
Thanks, Mark. Okay. I yield. Okay. That's funny. Yeah. Alright. Well, you guys have a wonderful weekend. I'm gonna go, catch the Masters. I'll be watching some golf this weekend, and, we'll see you Monday.
[02:09:45] Unknown:
Thank you. Have a good weekend, Roger. Adios.
[02:09:47] Unknown:
Well, everybody, they say here. So, like, same to you. And, we'll see you on Monday. Love all of you. Bye.
[02:09:59] Unknown:
Ciao.
[02:10:02] Unknown:
Alright. I am gonna jump in here, and I'm gonna take the take the stream down before or while I have a chance before Pod Home crashed. This has been terrible to perform. Absolutely terrible. But the archive is complete, and the transcripts will be proper and accurate. Thank you so much for joining us for the Stabbedo edition of the Radio Ranch with Rogers sales. Catch us here Monday through Saturday, 11AM to 1PM eastern. You can also catch the website, the matrixstocks.com. That is the matrix..com. For more information on the topics discussed, downloadables, the exhibits, resources, interviews, the free conference call links. You can join us live on the show. It's literally all there. It's all there.
It's a little cumbersome and involved. It may take you a day or two to get through it, but it's all there. Honest. It is. Anyways, I'm Paul from Global Voice Network. Thank you for joining us today. We'll catch you back here Monday, 11AM eastern for the Radio Ranch with Roger Sales. And for the first hour, John Casarab will be joining him as well. Bye now. Have a great weekend for the rest of it. Blasting the voice of freedom worldwide, you're listening to the Global Voice Radio Network.
[02:11:29] Unknown:
Bye bye, boys. Have fun storming the castle.
Introduction and Hosts' Banter
Participating Partners and Network Information
Saturday Show and Listener Engagement
Robocallers and Legal Actions
Financial Literacy and Scams
Gold, Investments, and Economic Insights
Contrarian Investing and Historical Context
China's Economic Influence and Historical Perspectives
Listener Questions on IRS and Taxes
IRS Challenges and Refund Issues
Tax Filing Strategies and Listener Advice
Vegas Stories and Personal Anecdotes