With inflation through the roof, spending following suit, it’s no surprise that taxes and IRS audits could be on the rise.
In fact, according to its latest operating plan, it will spend billions of dollars to carry out its legal “highway robbery” operation in the U.S. over the next decade.
According to the new commissioner, U.S. citizens who get W-2 or receive Social Security payments “should not be worried about a sudden new wave of IRS audits.”
In fact, Werfel stated strongly, “We’re taking that off the table.”
Of course, I wouldn’t trust anything that any Government agency says, and least of all the IRS Commissioner.
(Remember when they illegally targeted American Conservatives from 2010-2013, without telling anyone? Once discovered, they were sued to the tune of $740 million.)
In fact, audits may even increase on “less than wealthy” Americans, thanks to some careful wording in the plan itself that reads: “Pursuant to Treasury’s directive, small businesses and households earning $400,000 or less will not see audit rates increase relative to historical levels.”
Did you catch that last part? The meaning of this statement all depends on what is meant by “historical levels.” The Epoch Times provides some context…
“During the 1990s, the overall percentage of tax returns that were audited was about 1.67 percent, while in 2021, the overall audit rate stood at 0.4 percent.”
With that in mind, the IRS’s plan could mean a 4x increase in all audits under this new Commissioner, if the IRS chooses to move in that direction.
Of course, this isn’t the first time an IRS Commissioner was less than forthcoming with their actual plans. And it hardly matters which political party holds power in D.C. Although Trump’s IRS hasn’t been as aggressive as Biden’s…
Biden’s IRS Has Already Robbed Americans of 35% More Income!
During Trump’s final fiscal year 2020, his administration’s IRS collected $3.5 trillion, and processed $736 billion in refunds.
But Biden easily “one-upped” Trump during fiscal year 2022. To the point, his IRS collected $4.9 trillion, and processed $642 billion in refunds.
The net difference? Biden’s IRS collected 35% more in net taxes from Americans. That’s a MASSIVE increase.
ZeroHedge quoted Commissioner Werfel saying: “Our comprehensive and coordinated enforcement strategy has shown success,” and that he’s “confident this journey will pay significant dividends over time.” (Odd use of the word “dividends” – it’s actually just straight-up theft.)
If you read between the lines, it’s easy to see that Werfel intends to leverage the new “enforcement strategy” to collect more taxes from more Americans.
That’s probably going to include collecting taxes from the middle class and small business owners, not just the “wealthy” people.
Taxes are theft, and if you don’t want to get “robbed,” then you should prepare yourself.
How to Form Your IRS “Exit Plan” So You Don’t Get Robbed
If the Biden-era IRS might come knocking at your door, like I described above, then now might be a good time to consider expatriation, or the digital nomad lifestyle.
Living the life of a digital nomad is the most fulfilling and free lifestyle there is. You can live anywhere in the world, and have an instant “exit plan” in case the IRS gets aggressive.
That means you’ll be able to keep as much of your income away from tax collectors as possible, and shield your assets from collection while you’re living your dream.
But the question I get asked the most is: “How do I get started?”
The answer is: You can schedule the first in a series of unlimited 1-hour consultations with me when you become a GWP Insider.
In addition to helping you find a secure place to live and keep your money safe, we can work together to reduce your tax burden, reduce costs, and implement any other business and wealth internationalization strategies that make sense for you.
People from all walks of life become GWP Insiders, like:
- A Canadian ecomm entrepreneur living in Portugal making 6-7 figures net. He needs to know where to register his company and how to get out of the Canadian tax system without owing much (or anything) in Portugal.
- A German SaaS company owner living in Thailand.
- A Brit who is nomadic with a digital marketing agency.
- An American with a digital products business living in Mexico.
- People who are escaping an authoritarian central banking system.
Even though my clientele is diverse, they’re all facing similar challenges.
They all want to create the right business structure and optimize it for a low-tax multi-jurisdictional approach in different parts of the world (to stay free).
And I’m the one guy they come to for help!
So if want a rock-solid exit plan, where you can exploit every possible tax loophole, all while avoiding the #1 most common business structure mistake (plus others unique to your situation)…
Then you should join us inside GWP Insiders.
Once you join, you’ll immediately get to schedule your first 1-hour consultation with me. This can be used to discuss your banking situation, ideal locations to live abroad, business structure, or even to make professional introductions for your specific needs.
One consultation would normally cost $445 to $4,000 depending on your situation, but GWP Insiders get unlimited consultations at no charge.
You’ll also gain access to the private membership area, which includes a variety of business, life, and wealth internationalization strategies that give you shortcuts to success with the following:
- Offshore companies,
- Trust planning,
- Tax planning,
- Real estate,
- 2nd passports,
- Discounts on offshore structures
- And so much more.
Once you’re a member, you’ll want to immediately download and read the latest edition of my Offshore Banking Report.
Inside this valuable guide you’ll discover safe places to put your money along with my commentary to guide you plus a whole lot more:
- The 9 best licensed offshore banks, plus my commentary on each.
- How to start banking in the US without visiting a single branch.
- How to leverage “Fintech” institutions like the wealthy elite do.
- How FATCA could “trap” you even if you aren’t a U.S. Citizen.
- The Top 5 Traditional U.S. Banks that accept non-residents.
Look, I’ve made joining GWP Insiders and scheduling your first 1-hour consultation with me as easy as taking a walk in the park.
And for a limited time, I have one more surprise for you…
If you go to this special page and sign up you’ll also receive an 80% discount.
To live freely is divine,
Bobby Casey
Location Independent Entrepreneur
P.S. It’s possible to live a truly free lifestyle in one (or more) locations around the world, while paying a minimal amount of taxes. That includes keeping your money away from the IRS’s enhanced tax collection plan…
So once you join, go ahead and bring me your toughest questions about setting up your IRS “exit plan,” including exactly what to look for in the best places to live.
I bet I can answer all of them during our first call. Massive financial and personal security for the right person. Hurry, and go to this link to save 80% right now.
