Yes, unless redeemed per 12 USC 411, all income deposited as Federal Reserve Notes is considered taxable.

The law was established in 1913 to ensure that citizens have the right to redeem taxable Federal Reserve Notes for non-taxable lawful money

Yes, your tax return and accompanying forms notify the IRS of your 12-411 process

Most clients complete it in under 30 days if they follow all steps promptly.

No, it’s straightforward, especially with our step-by-step automated platform.

Yes, the process works regardless of how much money you make, from modest wages to high-net-worth income.

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.

Yes, both spouses can use the process, but each must complete their own steps.

Not at all. Our automated system simplifies every step for you.

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.

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.

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.