Taxes, Federal

[dottucker]

Can you use a IBOE or promissory note to pay off taxes? I need either the Promissory note or a IBOE to discharge my tax bill, can someone send me one that will discharge this tax? That has been used for this purpose before.... thanks

[Shoonra]

Not gonna happen. Unless it is cashable at a bank -- and these CPNs and BOEs never are -- the IRS can reject it and consider the taxes unpaid until a conventional check or money order (or cash) is submitted.

[BOBT12]

Originally Posted by dottucker

Can you use a IBOE or promissory note to pay off taxes? I need either the Promissory note or

It seems that Promissory note is still a promise to pay the tax. Like all notes they should be back by enough real valuable assets (silver, gold, real estate, ect.) to cover the promise, FRNs not withstanding.

Originally Posted by dottucker

a IBOE to discharge my tax bill, can someone send me one that will discharge this tax? That has been used for this purpose before.... thanks

Please be careful regarding the use of Bills of Exchange in this way. Based on my limited understanding of this matter, there's a possible securities fraud issue to consider. It may not be wise to raise such an issue with the IRS/DOJ.

It may be better to dispute the tax. See lots of information related to this subject, such as Cracking the Code (CtC) by Peter Hendrickson, or the Great IRS Hoax, etc. Feel free to use the search features.

[nestor]

I don't think IRS takes FRN. Only checks and money orders.

Originally Posted by Shoonra

Not gonna happen. Unless it is cashable at a bank -- and these CPNs and BOEs never are -- the IRS can reject it and consider the taxes unpaid until a conventional check or money order (or cash) is submitted.