Private Industry

Getting a Loan with Tax Returns that are Near Zero as a Nonresident Alien

By ftsig-admin / January 15, 2025 / Comments Off on Getting a Loan with Tax Returns that are Near Zero as a Nonresident Alien

Introduction A common practice of mortgage lenders during the loan qualification process is to ask you to sign an IRS Form 4506T requesting your tax returns over a period of years as a way to verify your income. The amount they will loan is usually limited by your income and computed from your income. The…

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Microsoft Copilot: American Nationals are not “individuals” for foreign person withholding purposes

By ftsig-admin / January 2, 2025 / Comments Off on Microsoft Copilot: American Nationals are not “individuals” for foreign person withholding purposes

EDITORIAL: Microsoft Copilot, Microsoft Edge Browser, version 131. QUESTION 1: Write a legal proof proving that “nationals of the United States” are included in the “nonresident aliens” but not for withholding purposes in 26 C.F.R. 1.1441-1 because the definition of “individual” at 26 C.F.R. 1.1441-1(c)(3 ) is more restrictive. ANSWER 1: Certainly! Here’s a structured…

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The Three Types of “foreign persons”

By ftsig-admin / January 2, 2025 / Comments Off on The Three Types of “foreign persons”

# Name Nonresident Alien NATIONAL Non-Resident Alien OR Nonresident Alien ALIEN Resident Alien 1 International? No Yes Yes 2 IRS pub described in NO IRS publication!  They don’t want you to know! IRS Pub 519 IRS Pub 519 3 Described or defined in 26 U.S.C. §7701(b)(1)(B) 26 U.S.C. §864 26 U.S.C. §7701(b)(1)(A) 4 Tax Return…

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Anti-Weaponization Attachment

By ftsig-admin / December 20, 2024 / Comments Off on Anti-Weaponization Attachment

EDITORIAL: Throughout this website, we repeatedly state that THE two major problems we are combatting are: An example of the problems introduced by item #2 above is described in the following AI Discovery: AI DISCOVERY: Abuse of State Driver Licensing Monopoly to effect Unconstitutional Conditions that Destroy Rights, SEDMhttps://sedm.org/ai-discovery-abuse-of-state-driver-licensing-monopoly-to-effect-unconstitutional-conditions-that-destroy-rights/ The purpose of this attachment for…

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Beneficial Ownership Information Reporting (BOIR)

By ftsig-admin / October 26, 2024 / Comments Off on Beneficial Ownership Information Reporting (BOIR)

SOURCE: https://fltms.famguardian.org/beneficial-ownership-information-reporting/ 1. INTRODUCTION 2. WHO HAS THE DUTY TO REPORT? 3. ADMINISTRATIVE REFERENCES 4. LEGAL REFERENCES

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Using W-4 as a Nonresident Alien

By ftsig-admin / August 31, 2024 / Comments Off on Using W-4 as a Nonresident Alien

1. Introduction This article addresses how to use and not use the W-4 as a nonresident alien. Generally, you should avoid filling out the W-4 and only use it under duress. The correct form to use for withholding instead is the IRS Form W-8BEN or W-8SUB: 2. Why private people can’t lawfully submit a W-4…

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The Federal Income Tax Is A Tax Upon Income (investments), Not Upon Capital (employments).

By ftsig-admin / August 30, 2024 / Comments Off on The Federal Income Tax Is A Tax Upon Income (investments), Not Upon Capital (employments).

The following offsite reference deals with this subject: https://capitalvsincome.com/the-federal-income-tax/

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Lawfully Avoiding Backup Withholding under 26 U.S.C. §3406

By ftsig-admin / August 12, 2024 /

1. Introduction Those who claim to be “nonresident aliens” not engaged in a “trade or business” are sometimes subjected to unlawful backup withholding by ignorant financial institutions and private employers who refuse to read and obey the law as written.  This section will provide tools and procedures to fight such forms of involuntary servitude and…

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Foreign Person Reporting and Withholding Summary

By ftsig-admin / August 9, 2024 / Comments Off on Foreign Person Reporting and Withholding Summary

1. INTRODUCTION This article addresses “foreign person” reporting and withholding, which means anyone who does not CONSENT to the privileged civil status of “U.S. person”, INCLUDING American Nationals wishing to remain foreign. 2. TYPES OF FOREIGN PERSONS # Name Nationality Described but not fined in IdentifyingNumber “Foreign person”? 1 Nonresident alien American National 26 U.S.C.…

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Comparison of Business Entity Types

By ftsig-admin / August 1, 2024 / Comments Off on Comparison of Business Entity Types

SOURCE: Creating and Running a Business, Trust, or Estate, Form #09.079, Section 6.2 Type of Business Sole Proprietorship Partnerships Corporations Limited Liability Company Trust General Limited C Corp S Corp Definition A business owned and operated by one person for profit. Two or more people who jointly own or operate a business for profit Two…

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