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Tax Insights


Does this process require any ongoing maintenance?
Once implemented, we will show you how to create monthly records that make your 12-411 process fully non negotiable
Wealth Guranted
Oct 271 min read


Can I use the process for personal and business income simultaneously?
Yes, you can apply the process to both personal and business income tax returns
Wealth Guranted
Oct 271 min read


Why are lawful money and Federal Reserve Notes treated differently?
Lawful money describes non-taxable currency issued by the US treasury, whereas Federal Reserve Notes are part of the fractional reserve banking system any time federal reserve notes are deposited into your bank account, it creates a taxable event.
Wealth Guranted
Oct 271 min read


What are the origins of the 12-411 process?
The process dates back to the Federal Reserve Act of 1913, which created the distinction between Federal Reserve Notes and lawful money.
Wealth Guranted
Oct 271 min read


Does this mean Federal Reserve Notes are taxable by default?
Yes, unless redeemed per 12 USC 411, all income deposited as Federal Reserve Notes is considered taxable.
Wealth Guranted
Oct 271 min read


Why does 12 USC § 411 exist?
The law was established in 1913 to ensure that citizens have the right to redeem taxable Federal Reserve Notes for non-taxable lawful money
Wealth Guranted
Oct 271 min read


Will the IRS know I’m using the 12-411 process?
Yes, your tax return and accompanying forms notify the IRS of your 12-411 process
Wealth Guranted
Oct 271 min read


Is the process complicated?
No, it’s straightforward, especially with our step-by-step automated platform.
Wealth Guranted
Oct 271 min read


Does the 12-411 process work for all income levels?
Yes, the process works regardless of how much money you make, from modest wages to high-net-worth income.
Wealth Guranted
Oct 271 min read


Can I share this with others?
Absolutely! We encourage you to spread the word. 85% the clients we take on are referred by a friend, a family member, or coworker who has already done the process.
Wealth Guranted
Oct 271 min read


Can I use this for my spouse’s income?
Yes, both spouses can use the process, but each must complete their own steps.
Wealth Guranted
Oct 271 min read


Is this process difficult?
Not at all. Our automated system simplifies every step for you.
Wealth Guranted
Oct 271 min read


Do I need a special bank account?
Yes. We will show you the special type of bank accounts you need to open or have in order to be fully compliant with the 12-411 process.
Wealth Guranted
Oct 271 min read


What happens if I change jobs?
You’ll need to update your direct deposit forms with the new employer to include the 12-411 process. We will show you how to do this when you begin our process.
Wealth Guranted
Oct 271 min read


Can this process be reversed?
Yes, you have the freedom to file a regular tax return after doing the 12-411 process, however we see no clear benefit in doing this.
Wealth Guranted
Oct 271 min read


What if I already filed my taxes?
You can start using the 12-411 process for the next tax year.
Wealth Guranted
Oct 271 min read


What if I have questions after enrolling?
You’ll have lifetime access to our support team and resources.
Wealth Guranted
Oct 271 min read


Will I get personalized support?
Yes, every client is assigned an advisor to guide them through the process.
Wealth Guranted
Oct 271 min read


What if I make a mistake?
Our advisors are here to help you correct any issues and ensure your process is successful before you meet with a tax preparer or get ready to send documentation to the IRS.
Wealth Guranted
Oct 271 min read


Can I use this process for past tax years?
This process can be applied up to three years retroactively. We can process returns going back as far as 2022 until April 15, 2026. After april 15 2026, we will only be able to process tax returns for 2023 and beyond
Wealth Guranted
Oct 271 min read
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