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SVTPerformance's Chain of Restaurants
Road Side Pub
$94 tax return...
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<blockquote data-quote="VegasMichael" data-source="post: 16870635" data-attributes="member: 105950"><p>Run away to Europe or the Caribbean!</p><p></p><p>I honestly don't know much more than that.</p><p>Here would be my concerns:</p><p>Can the IRS tap retirement accounts like 401/403/IRA to pay money owed?</p><p>Can the IRS garnish pension checks(like I have) until money owed is paid?</p><p></p><p>Or can we liquidate all retirement accounts and transfer them to overseas accounts and not have to worry about the IRS?</p><p></p><p>Here's another possibility: can we liquidate all accounts, renounce citizenship, move overseas and avoid IRS taxes all together?</p><p></p><p>[USER=190070]@Klaus[/USER] Any input on this, amigo?</p></blockquote><p></p>
[QUOTE="VegasMichael, post: 16870635, member: 105950"] Run away to Europe or the Caribbean! I honestly don't know much more than that. Here would be my concerns: Can the IRS tap retirement accounts like 401/403/IRA to pay money owed? Can the IRS garnish pension checks(like I have) until money owed is paid? Or can we liquidate all retirement accounts and transfer them to overseas accounts and not have to worry about the IRS? Here's another possibility: can we liquidate all accounts, renounce citizenship, move overseas and avoid IRS taxes all together? [USER=190070]@Klaus[/USER] Any input on this, amigo? [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
$94 tax return...
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