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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: Colin Cody who wrote (431)7/18/1998 11:14:00 AM
From: Turboe  Read Replies (1) of 1383
 
Agents for the IRS seized private property of Lynne Meredith, an outspoken Huntington Beach author who leads tax-avoidance seminars, but, of course, no charges were filed. The July 16, 1998, issue of the ORANGE COUNTY REGISTER reports:

Leader of Tax Avoidance Seminar Under IRS Criminal
Investigation
BY EDMUND SANDERS, THE ORANGE COUNTY REGISTER, CALIF.
Knight Ridder/Tribune Business News

Jul. 16--Lynne Meredith, an outspoken Huntington Beach author who leads tax-avoidance seminars, is the target of an IRS criminal investigation.

On Friday, about 40 federal agents raided the home and office of Meredith, who once boasted that she's never paid income taxes and ''never gotten so much as a phone call from the IRS.''

No arrests were made and no charges have been filed, according to David Hoffer, assistant U.S. attorney. But agents seized files, computers and cash from the Sunset Beach office of Meredith's ''We The People.''

Meredith, 48, said the agency was trying to intimidate her with an ''illegal raid'' because ''I wrote a book critical of them.''

The IRS is investigating whether Meredith illegally interfered with the administration of IRS laws and filed false tax returns, court papers say.

Meredith has sold more than 100,000 books, videos and seminars nationwide that allegedly explain how people can ''legally'' avoid income taxes by shifting their assets into trusts.

Meredith said she had done nothing illegal and vowed to keep her organization open.

More to the article can be found at: ocregister.com
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