Is It Possible to Legally Pay Zero Taxes
Check out the latest episode below. Mr.Biz Radio provides business owners with the knowledge and insights needed to drive their companies forward.
Mr. Biz Radio: Is It Possible to Legally Pay Zero Taxes?
Unedited transcription of the show is included below:
(00:03):
Welcome to Mr. Biz radio Biz Talk for biz owners during the next half hour, Mr. Biz, Ken Wentworth, a leading business advisor, and two time bestselling author we'll cover topics. That'll help business owners run their companies more profitably and more efficiently. If you're ready to stop faking the funk and take your business onward and upward, this show is for you. And now here's Mr. Biz, Ken Wentworth.
(00:27):
All right, welcome to another episode of Mr. Biz radio.
(00:30):
This is Ken Wentworth, and this week we are going to talk about everyone's least favorite slash favorite topic, the T word tax taxes. We're going to talk about taxes with an absolute tax expert, and she's going to fill us in on some ways that we can help manage our tax burden. I say burden, you know cause it is a burden, right? And everyone wants to find ways to, to lessen that burden. And so that's why this week we brought on none other than Ms. Kelly Alexander Kelly. Welcome to Mr. Biz radio.
(01:05):
Oh, thank you, Ken. It's great to be here. So right off the bat, I just want to say the best way to manage your tax burden is to offload it legally and safely. And that's what I'm going to reveal to your listeners today. Love
(01:22):
It, love it. We all all want to know about that, right? It's the never ending battle. It seems. I know even with my clients as a, as a fractional CFO and working with my clients and you know, other business owners and things, gosh, it's just, it's so difficult. And especially, you know, the irony is as you make more money and you're more successful, it becomes more of a burden. So I'm, you know, always looking for ways to, to to lessen that burden. But before we dive into all that stuff Kelly walk us through what's what, what is your entrepreneurial journey been been like?
(01:52):
Well, I back in 2008, I started learning about various commercial remedies and learning about our American history from a constitutional perspective and becoming more aware of, of information that is seldom if ever spoken of in our normal medias and education systems and financial services. And I just, I was also trading in the stock market stocks and options and learning about the federal reserve as a result of that. And I, I went down all these various what you might call rabbit holes. And I found something very, very eyeopening in the banking code in the United States codes. And so I was exploring that and had some realizations that I started applying to my own personal tax return that took me until 2014 to apply after lots of testing and experimenting and trial and error. In 2014, I applied the remedy that I now teach others to apply.
(03:13):
And since then I have not legally owed any income taxes. Wow. Yes, yes. It has to do with understanding how linked the federal reserve system is to the tax system who knew. Right, right. So I remember at age 16 when I got my very first job, which many of us do in a fast food restaurant and I was given a w four, which is the form where you indicate some info that tells your employer how much to withhold from your paycheck to cover your taxes. And I read that form and it said on there, if you did not owe taxes last year, and you do not expect to owe taxes this year, you can write exempt from withholding. And I thought, wow, they're telling us there's a way to be exempt or this would not be here. That was like the grain of sand and the proverbial oyster that not at me for 35 to 40 years before I actually started looking into this subject. And so my current business is, is the result of that little grain of sand. Wow.
(04:36):
Yeah. So, so that, that had been, you know, in the back of your mind all that time, what, what, I guess, what was the the we're talking about, you know cliches and everything, what was the straw that broke the camel's back to get you to explore that, that grain of sand?
(04:50):
Well, it was, there were throughout those 30, some years where I really did nothing small little events or conversations or incidents occurred maybe two or three that, that perked up my ears and go, wow, there's something going on beneath the surface. I talked to someone and they were telling me about a change in citizenship that they had made. And I go, what do you, w w it was other worldly information that was one of them. And then, you know, learning about the federal reserve, being a private nongovernmental entity, it was like what it's called the federal reserve. What do you, you know, just these little things that was starting to cause me to question in a way that I hadn't before. The other thing this was major is at age 19, I had a so-called incurable disease. I had that herpes simplex two the genital variety.
(06:06):
And it was, it was horrible. And I was told by the doctor that I would be played with this, the rest of my life. And I did suffer enormously for three weeks straight before it subsided about five to six months later, I felt for this itchy twingy sensation. And I thought, oh, here comes another episode. Well, I said, something came over me and I said, no, this is not happening ever again. And I spoke to the disease for 48 hours straight. I said, get out of this body. Now you are not welcome here. You have no purpose here, get out, get out, get out. I just did that over and over and over. I swear to you that, that relapse, it never manifested. I never had a fear that it would ever manifest for the rest of my life. It has never manifested for the rest of my life. I cured it. Wow. And so that experience looking back at the time, you know, great. But now that I look back 41 years later, I'm realizing how absolutely powerful that was
(07:27):
So sure. Yeah. That had to be something, you know, accomplishing something like that. And by those means, I mean, it had to give you inspiration you know, for other things in your career and your career.
(07:41):
Yes. Yes. So I think we've been conditioned out of capacities that are inherent to the human being. You know, we're just, we're just taught to go along and get along and do the best you can and whatever. But I think there is so much more to each of us than we have been led to believe.
(08:07):
Yeah. Well, and it's, you know, it's, that, that, that thing it's, you know, when they talk about you know, whatever you look for, you're going to find, so not only, you know, it manifests itself in so many different ways, but you know, your mindset, if you're, if you're having a crappy day and you're like, oh my gosh, how could this day get worse? You're just looking for more things to fit that paradigm in your head, right? This is a crappy day. So I'm going to look for things that are, you know, fit that into that paradigm. Or if the opposite is true, you kind of look over a lot of things that maybe, you know, negative, or at least somewhat negative in nature, but you don't even, they don't even phase you because you're not looking for those things. You're looking for more positive things. So yeah, the mind is just so gosh, darn powerful. And I think a lot of people, most people don't even realize how powerful it is. We are going to hit a break though this week, you're talking with Kelly Alexander. You can find out more at myremedy.com, but come back after the break for the Ms. Biz tip of the week,
(09:00):
Business
(09:00):
Owners have a continually growing to do list with little time for revenue producing activities, with check off your list and their experienced team of virtual assistants. You can focus on growing your business, visit, www.checkoffyourlist.com to learn how check off your list skilled team can handle your day to day tasks like social media, bookkeeping, calendar maintenance, and a much more contact
(09:30):
Thank you for listening to Mr. Biz radio. Did you know our show airs seven days a week for more than 30 hours. Now, if you are in the B2B space and would like to reach thousands of business owners every week, including our more than 250,000 social media followers are thousands of daily internet radio listeners, our email list fans and Mr. Biz Solutions members email us at
(10:00):
Check out both of Mr. Biz’s national bestselling books, “Pathway to Profits”, and “How to Be a Cash Flow Pro” on Amazon. Now, once again, here's Mr. Biz. All right. Welcome back to the show.
(10:13):
It is time for Mr. Biz tip of the week. It is a short one, but very much to the point commitment is the necessary fuel for achievement until you, you know, the the I'm not a big star wars person but you know, one of my favorite quotes was by Yoda do or do not. There is no try really ingrain that into our kids. The biz girls have, you know, when they say, oh, I've tried to do this, I'll try and say, you know, don't, you're either going to do something or you're not, there's no trying to do anything. You're going to do it commit to doing something, commit to whatever it is in your career, in your business, in your personal life. It doesn't matter. You have to make that commitment. And is that, that is the necessary fuel for any achievement you have, again, whether it's personal professional business you know, in your relationships with family, friends your spouse, et cetera.
(11:07):
You have to have that commitment, just, just so, so critical. And as a stepping stone for everything else, if you don't have the commitment, you're probably not going to be successful in the long run. So that is the Mr. Biz tip of the week. Now we're going to get back into talking with this week's guest Kelly Alexander. So talk to us a little bit more about what you do. And I don't want you obviously to give away, give away all the goods, but I will say that you can get it. Kelly offers a free 20 page ebook on her site, mytaxremedy.com. So you can go and check that out and download that about managing this tax burden and eliminating taxes, et cetera, legally, and simply from your life. But talk to us a little bit more about you know, what you do, how you help folks,
(11:48):
Kelly. All right, absolutely. So what I want to share something that is absolutely unknown to 99% of the population, and that is we have two distinct currencies available for us as citizens to utilize for our financial transactions. What we're familiar with is the federal reserve notes. Those are the dollars in our wallet, in our purse, whatever. And that's, you know, that's the dominant primary legal tender for the country. However, the, there is another currency that is authorized by our U.S. Constitution for our Congress to issue without the involvement of a central bank, such as the Federal Reserve and this other currency, because it doesn't come with the massive obligation that Federal Reserve notes comes with to be paid back both in principle and interest. The other currency known as United States notes is not subject to income taxation. I know this is a mind bender. Those of you listening, probably have that voice screaming at you right about now saying, what, what is she talking about? That's not, that's crazy. It's not crazy. It's found in the United States code banking law titled 12, subsection 4, 1, 1. This is what I teach my clients how to do very simple paperwork to make a record that you're using this alternative other mostly unknown currency. And then how to reflect that on your 1040 tax return so that you are legally, safely, ethically not obligated to pay the income tax. It's it's extraordinary. So, yeah. Yeah, for
(13:57):
Sure. So is that I know you, you, you have the the epic tackled tax liberation coaching system, is that kind of a part of that as
(14:05):
Well? Exactly what it addresses. It takes you from the very beginning steps all the way through. It's not difficult, but because it's so unique it involves some, a lot of training. And I like to put it like detoxing from the fear and the conditioning surrounding the IRS, probably the three scariest letters to most Americans. You have to pay your fair share. You know, you're going to go to jail. If you don't pay your taxes, you know, you're going to get, you know, all these bad things that can happen for people that do not really understand the actual law and basis that the IRS operates from. So that's why I called it liberation. It's, it's a way to liberate your income, your financial destiny and your mind from the conditioning and indoctrination. That is false.
(15:15):
So I have to ask you, Kelly, as you were doing research on this, I would imagine there were several times while you were going through this and learning all of this that you were, your mind was just blown. How, how many times did you have to reread and say, wait a minute, is this really what this says?
(15:33):
Honestly I never took account, but, and a part of me, I still pinch myself a little bit, even though I have been living this reality for seven years straight now, it's very hard to believe it sounds too good to be true. I understand that. And that is the, the hurdle that people go through in their own time, if, and when they decide they, that they do want to embark on this path. I can say that every single one of my clients is a success story. I can tell you that I have been challenged by the IRS and nothing has happened. They did not issue a frivolous filing penalty. They have not levied my account. They have not put a lien on my property. They have done nothing because I understand how to respond. I understand where their authority begins and ends. And I point that out to them and they just go pick on somebody way more ignorant than I. And so I've created a very handholding look over your shoulder, do it with you coaching program. Honestly, I don't want people to just blindly follow me. I want you to be empowered and educated and knowledgeable that's what has been stolen from so many people. So,
(17:09):
Yeah, I mean, again, the, I love that you put, now I understand completely now while you have the word liberation in the coaching system, because, you know, just, even as we're talking, you know, wrapping my mind around it myself is, you know, again, that's why I was asking that question of gosh, as you were going through this and determining all of this, it had to just be, you know, absolutely mind-bending as you were going through it yourself. And now I can't imagine the impact that has on your clients as you're helping them go through this process as well. Just absolutely crazy to think about, but again, you can find out more information guys, go out to mytaxremedy.com. It's mytaxremedy.com. And she's got a free 20 page ebook on the site that you can download directly from the site on how to legally and simply reduce your, or eliminate your tax burden essentially.
So gosh, I can't even begin to tell you, Kelly, it's just this is why I'm glad I wanted to have you on the show to talk through this. And I know I want to save some of what, some of that some of the more details, et cetera, for the the last segment here, but real quick real quick question for you. What advice would you give your 25 year old self besides taxes, besides figuring out this when you were 25?
(18:26):
The advice I would give is make friends with your dictionary and particularly a legal dictionary and particularly an older, the dictionary is the better that the definitions have gotten watered down and obscured, but on-purpose, and there are definitions for words that have layman understandings that have very different legal definitions. Gotcha,
(18:53):
Gotcha. Good stuff. Well, we're gonna hit a break here. Come back on Mr. Biz radio. After the break,
(19:00):
Are you ready to automate your business? Automation is the key to scaling a business and building wealth. It's also one of the most difficult things for a small business owner to do on their own. If you're looking for help with automation, Pulse Technology CRM can help. We have an exclusive offer for Mr. Biz nation. We will build everything for free, even if it's a sophisticated funnel, visit thepulsespot.com/MrBiz for this exclusive offer.
(19:29):
If you find listening to Mr. Biz radio is helpful. Imagine having live access to not only Mr. Biz, but also five other trusted business experts. It's true. You can have live access to your very own CFO plus a business attorney at website and digital marketing expert, a sales and growth guru, a financing professional, and a customer experience master visit www.MrBizSolutions.com to learn more. Join Mr. Biz nation at www.MrBizSolutions.com
(20:00):
To submit questions to the show, email them to
(20:10):
Back to the show. And if your mind hasn't been blown yet, I don't know what we'll we'll we'll take to have that happen. This is been a fascinating conversation with this week's guest Kelly Alexander Guinea, to find out more information at mytaxremedy.com. So I know we talked about some of this stuff, but I wanted to, you know, dive in a little bit deeper again, not asking you to give away the keys to the kingdom or anything, but are there other things, I mean, obviously through your coaching system, you probably walk everyone through exactly the steps they need to take in order to, to do, to do all this and accomplish all this. Are there other things that people should be looking for? You know, on the tax side of the ledger?
(20:53):
Okay. I want to clarify that this remedy applies to federal income tax and your state income tax exclusively as a business owner, you will still pay the self-employment taxes of social security and Medicare. So just get that out of the way, but if you happen to live in a state, particularly those states that have a higher state income tax, this will benefit you in that scenario as well as the IRS.
(21:27):
Yeah, I can imagine. Well, gosh, if, if you're, if it takes away federal and state and really the federal side, if you're in a state that doesn't have a state income tax, you know, you're, you're already on the, in the clear on that one, but I would imagine Kelly, you know, probably the, the biggest ironically, the biggest hurdle you have in growing your business is probably just convincing people, you know, again, because we've all been, I guess, for lack of a better term sort of brainwashed. And so convincing people like this is actually a possibility, is that, is that a hurdle that you face
(21:57):
Often? Yes. That's the main thing is it's too good to be true is how it sounds. However, there's lots of things that are too good to be true. Like there's, there's people that are multi-multimillionaires and billionaires and they're, they either know how to create or find investments that generate anywhere from 2000% to 50000% and more returns, which is how they become so wealthy. It's a matter partly of, you know, when I show people the law, they go, oh, well, okay. Yeah. Yeah. So yeah, I mean, it's crossing a chasm for, especially people that are more traditional in their viewpoints. I find that people that have done some study of the federal reserve, they get it, they understand what a beast, the federal reserve is. The IRS would not exist if the federal reserve did not exist. The IRS has authority to tax those that use federal reserve notes and federal reserve notes only.
(23:14):
I mean, th there's the, you know, you're presumed to be conducting your business with federal reserve notes all across the board, whether it's literal money or property, or, you know, if there's barter, technically the IRS can tax you for barter exchanges, but it's based on the presumption that it's valued in federal reserve notes. So I just, I educate people and you know what, I can't serve the whole nation. I can only serve a handful of people anyway, relatively speaking. So, you know, for people that have that trailblazing mindset, they're more aggressive. The risk that exists in my opinion is, is perceived not actual, but I understand the heart palpitations and the, all my gods and the what ifs and, you know, I understand. So yeah,
(24:17):
I know you, you talk about as well and, and dealing with the IRS is to not you know, don't, don't approach them with a sort of a battlefield mindset. Tell us about, you know, what that means to you and how we can learn from that.
(24:30):
Absolutely. The IRS is filled with people that are just trying to do their job the best way that they can. They do not know this information either, except at the higher levels of the IRS. I, you know, treat people at the IRS like fellow human beings, your neighbor, you know, your cousin, whoever they're just, you know, they're in the same pickle, the rest of us are in, they just don't know it. So arguing fighting, all of those things are for one they're dishonors. And for two, they're not effective. It's more about understanding the law remaining calm and asking them, putting the burden on them to prove that what you're saying is false. They always try to put the burden on us, but you just flip it around and put the burden on them.
(25:38):
It's it's fascinating. I mean, again, that mindset, which, you know, much like you know, your coaching system and, and this, this methodology is, you know, again, we're just so indoctrinated whatever brainwashed by too strong of a word, but and not thinking that way, you know, I think everyone thinks of, I mean, I'm sure, I mean, if you pulled folks and ask them about the IRS, I mean, everyone, I think would most, everyone would say, you know, have an adversarial tone, you know, they're the enemy and they're trying to do this and they're trying to do that. And again, I think, you know, as you mentioned, they're just people trying to do their jobs. They're not out does that, you know, they didn't start if I start out today and say, you know what, we're going to get that Mr. Biz guy, like, you know? And so I think that's an interesting thing. I know, you know, you talk about I've seen before and when I was doing show prep and everything you talk about, you know, goes right along with this, with the questioning things, right. Don't just believe everything that you hear, do your own research. And, and obviously you've done that with this, this your coaching system.
(26:41):
Yes. And I honestly, I keep, as I go, I found out several months ago that the Congress, our us Congress has never authorized the IRS to enforce any of the tax codes. That's an unbelievable revelation to me. And so people are having their, you know, wages, levied, and all of these things is better. How does IRS just does, comes up, stop them.
(27:22):
It's crazy. Yeah. Yeah. I mean, again, like I said, I can't even imagine you know, again, the battle you face and with your business of trying to convince people and get them over the hump that even, you know, just kind of listen to you and listen to that way of thinking. And without them thinking you have a, you know, a tinfoil hat on or something, because he, like you said, it just seems too good. Yeah.
(27:44):
Yeah. Well, I, I educate people. I really don't take on the mantle of trying to persuade people or convince them. I let them know that the process can be applied all the way. Not at all or selectively. I have a few clients that apply it selectively may perhaps enough to lower their tax bracket so they can kind of get their feet wet without being all in. I tell them the worst case scenario is that IRS challenges, you, you fold, you know, you give up, which is sad to me and you go back to being a regular taxpayer where you're at right now. Right. You know? Okay. So, you know, that's not that bad. Right. Right. So, yeah.
(28:45):
Good stuff. I, gosh, I'm, I'm blown away, Kelly. This has been a fascinating conversation and the know some of these things, I've, I've taken copious amounts of notes. I will be doing some research myself in the coming week. Just absolutely. You know, like I said, by it's mindblowing. Again, we've been talking this week with Kelly Alexander. You can find out more about her coaching system and everything else at mytaxremedy.com. Kelly, thank you so much for being on the show. I really appreciate.
(29:14):
Oh, thank you, Ken. It's been a delight to be here. Oh
(29:17):
Man. I appreciate it. Well guys, I'm sure your mind's been blown as well. Do your research go out to mytaxremedy.com to find out more. Thanks for listening. Have a great week. And don't forget as always cash flow is king.
(29:31):
This has been Mr. Biz radio to learn how to become part of Mr. Biz nation. Visit www.MrBizSolutions.com for access to free weekly content. Subscribe to the Mr. Biz YouTube channel and follow him on Facebook, LinkedIn, Instagram, and Twitter, to listen to archive shows. You can find them on the Mr. Biz Solutions website.
No comments
Comments are closed
The comments for this content are closed.