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<p>[QUOTE=&quot;medoraman, post: 1366285, member: 26302&quot;]The only thing I would say about trying to claim face value as your compensation and pay taxes based upon it. Regardless of CJay&#039;s post, this tactic has been tried before, found to be not only bogus, but is listed as a tax dodge, which means the argument would summarily be thrown out of tax court and your penalties increased greatly. There are many people on the net advocating this strategy, and some every year feel the full brunt of the law when caught. This argument is akin to arguments that &quot;a person is a sovereign country&quot; or any other the other nefarious tax dodges out there.</p><p><br /></p><p>Its just a bad, bad idea, and I am begging no one here to be tempted to try it. This is coming from a CPA who has worked on a Federal Treasury panel who worked with the IRS. I cannot warn against this strongly enough.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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