Happy Holidays: The IRS Gave The Money Back

Just in time for the holiday season, the IRS gave a restaurant owner named Carole Hinders, of Iowa, back the money that they had confiscated last year, because it looked as if she was attempting to manipulate the amounts of her bank deposits in order to skirt banking laws. Her bank deposits were often just a little bit shy of $10,000; and it looked as if she was manipulating them, or "structuring" them, in order to avoid creating records. Often, this is associated with money laundering and is done by drug dealers. Carole Hinders wasn't involved in either.

The Internal Revenue Service was unable to prove intent, and actually gave her money back to her last week. Luckily, Hinders had support and representation; hopefully, small business owners can learn from this.

Abbie Hoffman Moment

Will The Real Terrorist Please Stand Up?

Anyone do business with these entities? Isn't it interesting that no one ever discusses how Ford, Hugo Boss, Chase, Siemens, and IBM conducted business over the years? Especially when the Nazi party looked incredibly strong. These are companies whose investors thought the Nazis were going to win World War II and played their cards accordingly. No worries about collateral damage during the war, such as civilian deaths. Does it make you want to trust them now?