Just thinking out loud...

[mameye]

OK - Having been mired in the system for nearly 42 years, I am trying to figure out how to start sliding out of sight...

Here are some starting ideas. Let me know what you all think.

First, my wife has not worked now for 8+ years but I had been filing taxes as married / joint like she had "income". This year I am going to leave her off the filing and am researching the CtC (Pete Hendrickson) book for a proper way to file for a refund.

Next I has thinking about deeding the house over to my wife - (she'd get it in a divorce anyway ).

Then I was going to have her open a bank account in her name only with a Visa debit card that I could use when needed.

I would trade my current car in for a leased car. (Can't attach a leased car???)

Eventually everything would be deeded over / given to a family trust started by my Dad with my wife and I as trustees and the kids as beneficiaries...

Just some thoughts. Still trying to put the plan together.

Comments? Suggestions? Donations?

MRA

[RickA]

OK - Having been mired in the system for nearly 42 years, I am trying to figure out how to start sliding out of sight...

Then I was going to have her open a bank account in her name only with a Visa debit card that I could use when needed.

By no means am I trying to tell you what to do or, even suggest directly because I have a debit/bank card, but based on your opening line, I interpret it that you do not have an account now? if so, would opening one up be a start on sliding out of sight?

I will let other, more seasoned, folks have a go at it.

[scottinalaska]

Skip the refund.
You might get it, and they'll come after you later.
You might not get it, and they'll come after you sooner, you frivilous presumptuous taxpayer, you.
My experience has shown that you cut your losses and stop filing since I have not been shown any requirement to. Just don't request anything from the IRS ANYmore period.
Those are my initial thoughts that scream at me!
scott

OK - Having been mired in the system for nearly 42 years, I am trying to figure out how to start sliding out of sight...

First, my wife has not worked now for 8+ years but I had been filing taxes as married / joint like she had "income". This year I am going to leave her off the filing and am researching the CtC (Pete Hendrickson) book for a proper way to file for a refund.
>be careful thats fraud.
>>first how much of your OWN reasearch have you done into this as well as the ctc you talk about? how many weeks months years do you have in the law libary or how much court time you have? these are things that would determin my next step. have you taken any steps to defeat willfulness? is that something you want to do? have you talked to anyone that has done this ctc thing and won? anyone that went to court and stayed out of jail? seen any certified paperwork? ask for these things first before you do anything. draw your next step slowly...

Next I has thinking about deeding the house over to my wife - (she'd get it in a divorce anyway ).
>>not if you fought for yourself, at least try...but as you love her give her the house after you have enough of the quity to get a small rental property to pay back the loan and be your home if the marriage goes south.

Then I was going to have her open a bank account in her name only with a Visa debit card that I could use when needed.
>>then you give absolute power of yourself to another as if you piss her off she may turn your card off...jus something to think about. just because its all good now doesnt mean it will be so next year. better to learn how to open your own bank account AND stay out of their juris while doing so. on the flip side if you and the mussis have to DD, she still has a trail that will lead to you. the bank account they do trace the usage of them cards ya no...

I would trade my current car in for a leased car. (Can't attach a leased car???)
>>now thats a good idea.

Eventually everything would be deeded over / given to a family trust started by my Dad with my wife and I as trustees and the kids as beneficiaries...
>>i have seen this before and it didnt stand, but maybe you will do better. if you do try this one its best to sell the house to another and from the start put the new house in your dads name then do the trust thing. that way your names were never on the deeds may work better in court. only my thoughts

[mameye]

OK - I DO currently have a joint bank account. I would be closing that one and having the wife open one in her name only... As for being in control... I would have my check given to me and I would sign it over when it came in. That way my "compensation" would still be under my control.

As for the Ctc stuff - I'm still researching. He has some pretty solid stuff in his book and a number of folks are seeing some success with that method. I am trying to determine the long run effects.

With the house I can see your points about getting the names off the deed. That's why I thought about using a Quit Claim to the trust.

The car thing is being worked on now...

Any more ideas? Even the smallest move to get invisible is a step in the right direction...

MRA

In my humble opinion, you are wimping out. You are placing the burden on your wife to be your cover, while you are supposed to be her cover. Set up a trust or corporation with a new tax id #. You are competent to handle your affairs.

[scottinalaska]

After Francis' remark, I think it exposes something that we should have addressed at the onset, mameye.
Is your wife truly supportive in this move. I have found among the fold here, that the wife rarely enjoys this sparring we do the Powers that Be. If she isn't totally for it and biting at the bit to make it happen, Francis's thoughts might be well heeded.
I am sorry I raced ahead assuming all was in full agreement...and it may be, but that kind of presumptuousness is what gets me in trouble sometimes!
scottinalaska

[idknow]

Originally Posted by francis

In my humble opinion, you are wimping out. You are placing the burden on your wife to be your cover, while you are supposed to be her cover. Set up a trust or corporation with a new tax id #. You are competent to handle your affairs.

--

yea, the wife is covered (old english, covert) by the husband

the two of you share the burdens as partners in covenant, which is more stable than law of Man, and your covenant with her is ordained by God.

So dont do that pls.

[mameye]

Sorry for the slow response. I was out of town for the New Year's holiday...

OK - the plan is to get both of us "out of the limelight" if you will. She is already able to drop out from the IRS since she hasn't received a w2 in nearly 9 years. So this year I an filing Married Single. She won't file at all.

As for the bank account. If I take my name / ssn off the account, the IRS cannot (supposedly) levy against that account since it's not mine. I would get me check and cash it locally and deposit some of the money in HER account. Then use the rest for money orders for bills etc.

I am in the process of setting up an asset protection plan that will include an LLC for doing business and a couple of trusts to own the LLC. I am trying to figure out the best kind of trust to use - Offshore, business etc. Any advice in this area would be welcome.

Once the plan is in place, assets would be transfered to the trusts, contracts for work would go through the LLC and she and I would close all "personal" accounts tied to either of our SSNs.

She is a partner in this process, not a crutch. In fact I can see where in one point during the whole thing she could dump me and have ownership of all the property!

Once all is said and done, the idea is to find some offshore location to buy a small house and retire there. I am NOT going to expose her to all the danger, I will be the one to do the battles not her. She will have the "protection" of the system while I get the rest of the stuff inline.

So thanks for the observations but, what about the ideas?

Mike
PS - CtC is working but the IRS is starting to balk at some of the filed returns. Mostly this is for folks that have had tax problems before... I am still reading on this subject.

[rushpat]

Hmm... how much effort do you want to put into it?
Would you be willing to sell your house and move? Would you be willing to leave your current job and get another as a subcontractor (contracting through an anonymous LLC), or perhaps starting your own business through something like an anonymous LLC? Would you be willing to get both your names off the bank account and open one under another entity and use debit cards?

Once the W-2s stop, and you don't have your SSN on anything, and you change addresses, you start slide off the radar. It's admittedly easier for someone who's single and doesn't carry any debt, and can change jobs, locations, but if you are willing, it might be worth it, if you are serious.