420Gator
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my simple advice is learn how to use cash and don't flaunt it.
The worst part about this whole "grey area" people are in from the whole State vs Fed law. The State is encouraging access to MMJ..but the Feds don't want anyone making cash from this process...but peeps like you and in the MMJ biz ARE makin loot.
It's a public display..remember when Harborside Oakland got their Million dollar tax bill?? It's a very strange un-charted territory.
When you don't pay taxes you are a criminal..when you do you are also a criminal.
Think about how many "legit" mmj shops are making money and paying taxes...it's a big number right? Well think about how they do it...they just do it. Most likely they are paying taxes as if they were selling roses...got it?
Stop being so damn paranoid about Gov, the more you know..the more you know. Such as the IRS is simple a very large group of debt collectors...broken into groups..each one answering to other debt collectors that have seniority above them...and above them a group of Tax Attorney's that make the final calls..case to case.
If you plan to never pay income tax..you will always live in the shadow of a levy against real assets..house, car, bank account, stocks, etc. You will basically be cash rich and asset poor. If you do pay taxes you risk fraud, which can be very serious, but the IRS just wants their money. If you ever get audited, you need to show some book-keeping of a legit biz...widgets or whatever cash biz it is. Pay close attention to your paper trails so that everything adds up e.g. bank account, CC's, Titles.
This site has a lot of info on offshore banking:
The easiest, most anonymous way is to set up an I.B.C. (International Business Corporation) and then open an account in a place like Belize that allows offshore banking in the IBC's name. The hardest part is getting the money into the account. You can't exactly get on a plane with a briefcase full of cash, if you live in the USA, the most you are allowed to carry is less than $10,000. So, you have to have a legit business, somewhere, and learn to live on cash, and save the proceeds from the legit business in the bank. If you are American, and your name is on an offshore account, that gets reported to the I.R.S., and you are supposed to report that account, and it's balance, every year, on your taxes. Hence the need for an IBC... no need to report you ownership of foreign corporations.
I just need to find a better way to get it in my hands, if that makes any sense
gold sounds like the trick..most ballerz I know over-night locked safes..that's too gangster for me..I'd prolly do a lot of flying and gold trading ..lol good luck on everything for real tho..peacethanks for all the advice bro but flaunting has never been my problem. fuck if anyone came to my house to see if Im living beyond my means theyd probly be like WTF???? why arent you on some type of government assistance? (seriously most ppl living on aide have better shit than me) lol. Ive got one nice car, one normal car, tv, laptop, bed, and a chair lmao thats about it. My problem isnt hiding money or hiding the fact I have it the problem is how I get it. My deals arent face to face so I just need to find a better way to get it in my hands, if that makes any sense
It doesn 't have to be that. The cards accept any amount.@420Gator whats good baller , lol - curios to this post as I am with you but really don't wanna go into details ...
lets say its not 100k
have a happy holiday
well id and bill required can it still be frozen my uncle sam if something were to happen and is it insured - pardon my ignorance but new shit to me but something i need to investigate as if something happens i am only 1 with access currentlyIt doesn 't have to be that. The cards accept any amount.
Up to 2K a day spending on the cards. So it is a good alternative to a full bank account
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