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Online solutions help you to manage your record administration along with raise the efficiency of the workflows. Stick to the fast guide to do Form 1099-OID, steer clear of blunders along with furnish it in a timely manner:

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Video instructions and help with filling out and completing 1099 oid explained

Instructions and Help about 1099 oid explained

Alright Jeff here at Stop of Pirates at blogspot.com it's a 20th of October 2022 and I just want to preface this by saying this is not legal or tax advice void where prohibited I'm not an attorney or you know use your own judgement when it comes to your own processes and procedures and what you do out there in the commercial world but when I talk to talk about today is our certificates and how this whole kind of machination works so when you are born your parents applied for a certification they applied for citizenship which amounts to basically a part-time job with the United States which is a corporation it's a company and part-time because your full-time job is working for you your full-time job you receive money of exchange because you're exchanging your labor which is your private property for other products and services of equal value private property is not taxable there is no real gain therefore no income therefore no income tax what's interesting too is if you look at the law dictionary the definition of the word income it's actually considered capital gains from investments but only a corporation can can earn an income so if a judge ever asked you how much income did you earn you you know legally and lawfully say I haven't earned any income you know define what income is so anyway the application they made was known as an application for live birth certificate and what issued from this application is known as a birth certificate so the company the United States kept the original application and gave your parents a copy of the birth certificate this created what is known as a foreign situs trust okay the big problem though is that when you are born you in essence went to work for the company is the company you went to work for could not pay back the loans they had with the bank and the company had to go into bankruptcy in 1933 so we went to work for a bankrupt company and when we were born and basically said well we'll pay all your bills for you so so therefore the the corporation has no way to pay us furthermore the company came to your parents and asked to borrow your assets and your paracin unwittingly obliged us making you one of the company's creditors it's interesting to note take know that because you and I are the creditors so here's the deception the company then took the application and pledged your future labor as a guarantee for payment to the bankers also known as the International Monetary Fund the bankers gave the company a credit for your application against the amount that the company old the bankers which out the time of your birth was worth anywhere you know it said 1 million to 3 million dollars and but this transaction is really not made in dollars it's just made in.

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