The IRS pays individuals an average of $6,200/yr for operating imaginary businesses. According to a report issued by the Treasury Inspector General for Tax Administration, the IRS is defrauded up to $16 billion annually by tax filers claiming Earned Income Tax Credits on their tax return.  Randall Sorensen, CPA has developed technology that will identify one million phantom businesses and recover $960 million for the U.S. Treasury.

Technology called the Phantom Business Identifier (PBI) developed by Randall C. Sorensen, CPA, will identify one million imaginary businesses that cost’s honest Americans $7 billion annually.  

Statistics reported on www.irs.org show that during the Great Recession 500,000 business owners without children permanently closed.  In contrast, at the worst possible time to launch a business, taxpayers with children and no money started 800,000 new businesses.  Why would anyone want to jeopardize the security of their family when their odds for success are only 50%?  The answer is simple…. they didn’t!

Here is how tax frauds have been pulling the wool over the eyes of the IRS.  Jane Doe the mother of two, claims income of $14,700 from an imaginary cleaning business.  Since she doesn’t really have a business, Jane doesn’t need to purchase any brooms, dust pans, cleaning supplies of mops.  For Jane’s efforts she will qualify for federal tax credits of $7,100.  Before the US Treasury deposits a tax refund of $5,000 into her bank account, they make a deposit into Jane Doe’s social security retirement account for $2,100. From start to finish, Jane can complete her phantom tax return using phantom income in 15 minutes!

Randall Sorensen, CPA has practiced as a financial forensic expert for over 25 years. Three years ago Mr. Sorensen pitched his idea to the IRS.  The IRS literally tore apart the proposal and expressed a high level of interest.  One month after kicking the tires the IRS rejected the software by explaining that they already had a prototype and they didn’t have any money.  Thanks to the congressional hearings on targeting tax exempt entities, Congress confirmed the IRS wasn’t being truthful.  Specifically, the IRS entered into a software agreement with Strong Castle to spend up to $500 million at the same time they told Sorensen they didn’t have any resources.

Mr. Sorensen stated “a double standard exists within the walls of the IRS.  They severely punish taxpayers who lie but fail miserably when IRS employees fail to tell the truth”.   

Due to severe IRS budget cuts, Mr. Sorensen has offered to test 30 million tax returns for free.  Sorensen states, “The IRS won’t be able to use the excuse of being broke.  Rather than terrorizing honest taxpayers, the IRS needs to send a clear message to tax criminals that they will be caught and could face prosecution by the Department of Justice. Further, tax software companies must be vigilante in identifying fraud being committed at the kitchen table”.

Randall Sorensen, CPA has been practicing accounting for over 30 years and has specialized in forensic accounting for over 25 years. Randall Sorensen’s accounting practice is located in Phoenix, Arizona. Mr. Sorensen can be reached at 602-320-3183.

According to financial disclosure reports, President Obama has an estimated net worth of  $7 million dollars.

Since he was worth $1.3 million in 2007, that makes the millionaire  438% more wealthy than when he first ran for office.

As reported by the International Business Times:

President Barack Obama and first lady Michelle Obama listed assets worth between $2 million and $7 million for 2013, of which $1 million to $5 million were in Treasury notes, according to financial disclosure forms released Thursday.

Let me be clear, there is nothing wrong with being a millionaire.  The United States is home to the most millionaires because of the kind of opportunity it offers to hard-working entrepreneurs.

POLL: Should Barack Obama resign the Presidency?

While the average US citizen has a median income of roughly $51,000, Obama rakes in the cash with an annual presidential salary of $400,000. In addition, he receives money from book royalties and other investments.

Hypocrisy isn’t a stranger to the liberal elite. Michael Moore’s fifty milliondollar fortune came from creating documentaries that makes free enterprise look like the same as corporatism.

The activist left said Mitt Romney was too rich to be president, but had no problem supporting John “I’m Wealthier Than Romney” Kerry when he ran for the same post in 2004.

Under President Obama, income inequality has increased dramatically. Asreported here earlier, of the last three presidents, “the income gap didn’t change overall during the Bush years, increased second most during Clinton’s time, and has increased the most with only 5 years under Obama’s belt.”

Read at:  http://www.ijreview.com/2014/05/138996-obama-1er-438-increase-wealth-since-taking-office/

It is interesting how wealthy liberals are continually blaming the American middle class for global warming, terrorism, and pretty much all of the world’s problems.

Simply put, it is all your fault.

Our Consumption Factor Imperils Us All

“People in the third world are aware of this difference in per capita consumption, although most of them couldn’t specify that it’s by a factor of 32. When they believe their chances of catching up to be hopeless, they sometimes get frustrated and angry, and some become terrorists, or tolerate or support terrorists…The only way out is to make consumption rates and living standards more equal around the world. We could have a stable outcome in which all countries converge on consumption rates considerably below the current highest levels.”

And if the guilt and emotional blackmail over the melting glaciers and shrinking polar bear genitalia wasn’t enough, now the fact that not all of the world shares our lifestyle (or conversely, we are not as poverty stricken as they are) is cause for serious self-examination and self-blame.  I don’t think I can bear it. After staggering under the “white man’s burden” for 2,000 years of colonization and exploitation of those of a darker hue, now I must shoulder the burden for causing Islamic terrorism and the devastating changes to our planet that will quickly lead to the extinction of the human race.

All because my children have clean water to drink and live in a heated home while their father drives a vehicle to work and buys his socks, toothpaste and corn flakes at a big box store. Even worse is the fact that their mother washes their clothes in a machine instead of scrubbing them clean on the rocks in the river and has the audacity to make them pop tarts once in awhile.

For that, we are to blame for the impoverishment of Kenyans, the envy of those less fortunate, the actions of fanatical suicide bombers, and the waste and consumption of the world’s resources by those seeking to attain the lifestyle of the average American.

Yet such hand wringing and finger pointing essays never mention the percentage of the world’s wealth, innovation, food, and scientific and medical advances that should be rightly credited to those greedy consumers of natural resources and unfair users of electricity and air conditioning. If it wasn’t for the technological and medical breakthroughs originating in the West, there would be far fewer than 30 million Kenyans. Consumption is directly related to productivity. Those who don’t produce, don’t consume.

The “solutions” offered to solve this grave problem of Western over-consumption is always little more than authoritarian socialism and forced reallocation of wealth. It may be disguised as higher fuel taxes, carbon taxes, and luxury or consumption taxes or be little more than manipulation of regulations to control or inhibit industry, refineries, manufacturing and drilling under the guise of environmentalism. But the overall goal to sharply reduce the lifestyle of the average American (and Westerner) has been laid out in clear and unapologetic terms by globalists and the liberal elite. It used to be that the goal was to raise the lifestyle and condition of the impoverished and disadvantaged. That seems to be no longer the case.

The wealthy West as spent countless billions in an attempt to improve the condition of other peoples, with very little gratitude to show for it. And now the focus has shifted away from helping those unfortunates have access to clean water, rudimentary medical care, or not be butchered or starved for political purposes, but towards attacking those in the West for daring to have a computer to blog with while corrupt governments continue to allow their citizens to dwell in dirty, crime ridden shantytowns.

So, with my eyes newly opened to the plight of those other dwellers of planet earth, I decided to take stock of what I now feel guilty for having or providing for myself, my spouse, and my three daughters. This is by no means an exhaustive list.

• Electricity for lighting my home and powering appliances (my Christmas lights were definitely unnecessary).
• Running water
• Refrigerator and deep freeze for preserving food for later use.
• Washer and dryer
• DVD players
• Stereo.
• A couple of computers.
• Multiple TV’s
• Toaster
• Dishwasher
• Stove
• Microwave
• Hot water heater
• Two cars. (My wife and I both have to get to work)
• Store bought clothes made from synthetic fibers, undoubtedly manufactured by oppressed peoples in Sri Lanka, Mexico, or China.
• And I won’t even begin to detail the unnecessary trips for a big gulp, a burger and fries, or those wasteful stops at the dollar store.

My wife and I have worked very hard to achieve a semblance of a middle class lifestyle and to provide a decent and comfortable standard of living, education, and medical attention for ourselves and our children. I refuse to feel guilty for managing to own a toaster or for watching a football game once in awhile. Yet that is what we are, in effect, told to feel.

There are far greater solutions for helping to alleviate the all too true sufferings of far too great a number of the world’s population. For starters, the formation of governments that are not unbelievably corrupt, inefficient, brutal, exploitative, and backwards would be a start. The reevaluation of foreign aid (by the evil West) including who it is distributed to and what it is used to purchase, should be completely overhauled. Innovation will go a long ways in bringing in everything from tourist dollars to foreign investment.

Responsible stewardship of funds, natural resources, and the elimination of corruption would do far more to improve the lot of the third world than any policies fueled by guilt or jealousy of the lifestyle and modern technological advances we have managed to achieve in the First World. 

Only the village idiots truly believe that if an American didn’t buy a television it would help a Kenyan, or that by not purchasing some DVDs he would help ease the driving envy of the Chinese or defuse the potential jihadist. The agenda is now far less about helping the rest than just about tearing down the West.

Dear Chairman Issa:

Last October the IRS Office of Procurement called and said that (3) high level IRS officials were reviewing the merits of my intellectual property.  In September of 2012, I submitted a “Proposal to Perform Earned Income Credit Compliance Audits on 6.5 Million 2012 Self-Employed”.  Lisa Mordhorst of the Office of Procurement assured me this would only happen if there was a high amount of interest by the IRS.  In the same month, the Whistleblower Office Director Whitlock closed a $2 billion fraud claim in just 8 days!   I believe both Directors Kearns and Whitlock committed honest services fraud.  Listed below is an overview of why they should be terminated:  

IRS Committed Fraud

Government employees have the fiduciary duty to the people they serve to provide them with the intangible right of honest service.  Director Kerns and Whitlock breached their duties.

Examples of Procurement committing honest services fraud:

• Lied about already having same software in place (See p. 3)
• Lied about lack of resources (See p. 3)
• Lied about “real time” testing not being innovative

The last one is laughable. During the 2013 tax season the IRS was only able to verify 3% of income information before issuing 50 million refund checks.  I proposed charging the IRS $3/tax return. This would have prevented the US Treasury from being defrauded a minimum of $1 billion.  Based on 6.5 million tax returns that represented a savings of $154/tax return and a return on investment of +5033%.  After being rejected by the Office of Procurement I sent an email to the IRS on December 28^th, 2012 and offered to WAIVE my $19.5 million processing fee.  The IRS told me that my email proposal could not be evaluated as submitted. Director Kearns was guilty of malfeasance by sitting back and allowing the US Treasury to be defrauded as much as $20 billion when a viable solution was available at a cost to the US Treasury of $0.

Examples of Whistleblower Office committing honest services fraud:

• Former Acting Commmissioner Steven T. Miller lied in his June 20th 2012 memorandum when he said debreifings of whistleblowers would be the rule and not the exception
• Director Whitlock failed to provide a response to a Congressional Inquiry submitted by Senator Kyl
• Director Whitlock responded 44 days late to a Congressional Inquiry submitted by Congressman Schweikert (See p. 4)
• Whistleblower Office refused to answer any questions regarding the status of my $1 billion whistleblower claim
• WO closed a $2 billion whistleblower claim in just 8  days    

IRS Sting Operation

I anticipated being defrauded by the IRS so I set up a sting operation of my own. Specifically, I submitted a sixth whistleblower claim in September of 2012.  Here is how I set a trap for the Whistleblower Office:

• Prepared amended tax returns for ex-wife claiming both children as dependents
• Informed IRS that ex-husband fraudulently claimed head-of-household.  Father needed to provide a home for his children for 183 days.  The actual total was less than 5 days
• IRS agreed and refunded ex-wife $8,337 within 60 days
• Received letter from IRS saying investigation could take several years
• IRS decided the Friday before Christmas to close my claim after only 44 days
• IRS lied about conducting an investigation
• IRS lied about the results of phantom investigation
• IRS lied about attempting to collect delinquent taxes from ex-husband

Congressman Issa, the world now knows that the Internal Revenue Service has morphed into a fraudulent governmental agency.  Congress needs to hold additional IRS hearings to determine whether IRS Directors Kearns and Whitlock committed honest services fraud by lying to the public?   

Sincerely,

Randall C. Sorensen CPA CFF

cc:   Senator Alexander   

       Senator Cruz                                                  

       Senator Grassley      

       Senator Hoeven

       Senator Pryor

       Congressman Boehner

       Congressman Camp

       Congressman Crenshaw

       Congressman Gowdy

       Congressman Marchan

       Congressman Ryan      

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