About 10 years ago Winston Shrout blew into town and put on a somewhat secret, private seminar for far-edge, think-outside-the-box legal theorist movers and shakers in the Tampa Bay area. He taught them about the ultra-slick, arcane 1099-OID process of getting the IRS to pay scammers undeserved tax refunds. I had started calling the process a scam back then, and so the movers and shakers shunned me as they pulled in dupes and fools to whom they sold their 1099-OID service.
It took the IRS and DOJ a few years, but they finally started getting indictments and convictions against 1099-OID and other scammers who used very clever ways of cheating on the taxes. Incidentally, you should not take my expressed disdain for the scammers as an indication that I believe they actually owed any income tax because I don't. However, the scammers used an utterly crooked way to get out of paying the tax AND of getting refunds of far more money than they would have deserved with a traditional tax return.
After tolerating years of the scammers' bogus seminars to teach crooked methods and of preparing and filing fraudulent documents, the government got indictments and convictions of the infamous Timothy Turner (of the Restore America Plan scam) and Glen Unger, AKA Dr. Sam Kennedy. Today those scammers live in federal prisons, right where they belong.
And now Winston Shrout will soon join them because the government just won a conviction against him for his own brand of scams. See the articles below.
To all who hate the income tax: beware of preparing or filing false or fraudulent documents in an effort to avoid or evade income tax.
⚓ Bob Hurt