Posts Tagged ‘corporate characteristics and management’

SOURCE: Executives College Primmer, Section 10.11 1. All “Charging” Documents are an “Offer”. You may accept, modify, or reject all such offers. If you could be ‘compelled’ then you are a Chattel Slave, not a FreePerson. “I conditionally accept your offer upon presentation of a genuine Charging or Accusatory instrument, for my inspection so that I…

SOURCE: Executives College Primmer, Section 10.10 1. A whole chapter unto itself. Presented here for discussion. Used correctly its effect is; You get sued, you lose, you get paid first and the one who won the suit pays your taxes.Yeah, I know, sounds crazy. I love the look on my clients’ faces when they actually…

SOURCE: Executives College Primmer, Section 10.8 1. Company Directors can; call meetings, sign contracts, obligate the company, incur debt, purchase and sell assets, appoint and terminate officers, regulate the sale and transfer of stock, control the company’s bank accounts, and designate signatories. 2. Deductible Expenses; a list can be read at the IRS.gov web posting.…

SOURCE: Executives College Primmer, Section 10.6 For example, let’s say; As the Officer of the company, you order It, to buy a car. A legitimate company expense. Later, acting as the Officer, you order the vehicle sold. If you, the Officer then pocket the funds, you have committed embezzlement. Instead, the Officer should deposit the…

SOURCE: Executives College Primmer, Section 10.6 1. Ok, now we are getting into tax liability. This subject is tricky and dangerous. Please note once more for the record: “I am not a credentialed tax person. I make no claims about the validity of anything said here. It would be foolish to take tax advice from…

SOURCE: Executives College Primmer, Section 10.5

SOURCE: Executives College Primmer, Section 10.4 [1] Service of process is the procedure by which a party to an action in law  gives an appropriate notice of initial legal action to another party (such as a defendant), court, or administrative body in an effort to exercise jurisdiction over that person so as to enable that…

SOURCE: Executives College Primmer, Section 10.3 [1] res; thing, ident; identified as property, by the owner, the STATE in this case. [2] Site; position; the place where a thing is considered, for example, with reference to jurisdiction over it, or the right or power to tax it. (Situs: n. [see site] 3. A place where…

SOURCE: Executives College Primmer, Section 10.2 Without such liability limits, experimentation and innovation could be stifled. Governments also use the tax system to encourage certain activities and discourage others. To quote the 2nd IRS Commissioner, “Now that the Government simply prints the money it needs, (bypassing Citizen approval) the only remaining purpose for taxation is…

SOURCE: Executives College Primmer, Section 10.1