Re: State Sales Tax

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Comments:
: : : : : : Greetings, : : I mentioned many months ago in an earlier posting that my wife and I and the business we manage that is owned by a so called "pure trust" was being investigated by the Colorado Department of Revenue for not charging, collecting and paying state sales tax. : : Well guess what? They are filing criminal charges against us and nothing against the Trust. : : The above violation of a C.R.S is a class 5 felony in this state, with a maximum of 1-3 years and a fine of $1,000 to $100,000. : : I could take up a lot of space in telling you how stupid I was to buy into some of the Patriot fairy-tales that led to our current situation, but I won't waste your time. : : It is amazing how anxious people are to convince you of the latest rehtoric, but as soon as trouble comes they are nowhere to be found. : : Once again as I try to figure out my next move. The future in this case looks gloomy(at least according to the people I've talked to; ie. Rommel School of Law, Bill Conklin,Justice Team One,Dennis Posley(our trustee! !) : : Funny, some people sure make it sound easy before the fact. I doubt anyone out there can help, so I won't ask. : : My advise to anyone who reads this is to consider all possible aspects of the choice ahead and count the costs well before you proceed. : : B. Morris : B. Morris, : I just found this board a couple of days ago doing research on trusts. : I wouldn't call myself an expert on trusts, but I am familier with them. : First of all you are aware that there are many different types. Even different : variations to the same type. Not getting alot of info on yours up to this point, I : am assuming a few things. : That your trust is based on the U.S. Constitution and the fact that citizens do not : owe taxes. Since they specified taxes, you may have taken it to mean all taxes. To my : knowledge a properly structured trust will legally reduce income taxes, capital gain taxes, : inheritance and death taxes. It will not prevent you from sales taxes. Since your trust works : the way it does (the IRS feels that you are trying to beat the system by not filing taxes). : The trust that I am involved with has its own taxid number, and we file our taxes on a 1041 using : the complex trust checkbox. (This is the same way that the wealthy, Carnegie, Rockefeller, Kennedy, : Mellon and all the other do theirs). But we are still able to legally reduce our taxes by over 97%. : Since we file our taxes telling the IRS where the money comes from, telling them where it goes with legal : deductions and how much we have in taxes (Zero). There is no problem because it is all done by their laws : and codes. : I know that doesn't help you. My suggestion would be since you are liable for sales tax, you need to : get a professional to help you on that and work it out with them. I have heard that in some cases you : can get what you owe them drastically reduced. This is probably the best way to do it because I don't : think you will when this. If it were just about income taxes, or any of the other taxes I mentioned above, : you would be okay... : : I hope everything goes well. : John : http://www.choicemall.com/dreams

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