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If you are thinking about not filing a tax return because you think it's unconstitutional or it's a voluntary system or some other frivolous reason then you might want to read this article from the IRS http://www.irs.gov/pub/irs-utl/friv_tax.pdf
Proper planning may help you avoid this disastrous situation
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* The highest federal estate tax rate is 35% (for 2011 and 2012). Taxable estates under $5 million may not be subject to estate tax in 2011.
** If estate tax is paid on retirement funds, an income tax deduction is allowed for the amount of estate tax paid.
Securities and investment advisory services through NATIONAL PLANNING CORP, (NPC), NPC of America in FL & NY, Member FINRA/SIPC, and a Registered Investment Adviser. Registered Representitives of NPC may tranact securities business in a particular state only if first registered, excluded or exempted from Broker-Dealer, agent or Investment Adviser Representitive requirements. In addition, follow-up conversations or meetings with individuals in a particular state that involve either the effecting or attempting to effect transactions in securities, or the rendering of personalized investment advise for compensation, will not be made absent compliance with state Broker-Dealer, agent or Investment Adviser Representitive registration requirements, or an applicable exemption or exclusion. Pacific Tax & Financial Group and NPC are seperate and unrelated companies.
