A Gift From the IRS By Jocelynn Smith, Sr. Managing Editor Times are tough at the IRS. It's not just because we're in tax season, when all good Americans slog through the mess of tax codes so they know exactly how much to send to Washington's wastrels. No, I'm talking about the budget cuts the IRS has suffered. Since fiscal 2010, their budget has been slashed 17%. IRS Commissioner John Koskinen has warned that the IRS is considering a temporary shutdown, saving the agency $29 million per day. At the same time, the IRS is eliminating overtime and freezing hiring. Now mix together fewer people working fewer hours with the newly enacted rules from Obamacare, and this tax season is poised to be an absolute nightmare for the IRS — not to mention Americans. The country is in desperate need of an overhaul to its tax code, which numbers a staggering 73,954 pages. But Congress certainly isn't interested in making taxes easier or more simplified for Americans, but rather finding new ways to take larger chunks of your wealth. However, you can help out the IRS in its time of need! Through careful planning, you can reduce your taxable income by taking steps such as gifting, maximizing your retirement contributions, and other tax-free investments like a foreign deferred variable annuity. Reducing your taxable income doesn't just help keep more of your wealth out of Washington — it creates less work for the IRS, too! If you're looking for some ways to reduce the bite the IRS is going to take out of your assets, we're offering a free private consultation with an attorney (and former U.S. Congressman) who specializes in offshore asset protection. For full details, click here. Regards, Jocelynn Smith, Sr. Managing Editor, Sovereign Investor Daily P.S. If you missed any of last week's Sovereign ideas, check out our commentaries below: How to Play the Stock Market in 2015 The U.S. stock market is in for a wild ride in 2015. You essentially have three options to bring some stability to your portfolio. But based on past trends, we believe this one investment will experience a dramatic spike. If our prediction is correct, we're talking a 527% gain ... Click here for the full analysis. Chaos in America: 40 States on High-Alert! Something scary is happening right here in America. If you live in one of the 40 states highlighted in blue — it's critical you pay close attention. As NPR reports, a vehement new movement "is showing signs of taking root across the map." When you see this shocking interview you'll see exactly what's going and why this quickly developing movement will soon devastate millions of unprepared Americans.  Fair warning: This material is very controversial.Click here for the full story. Government Surveillance: A Greater Threat Than Terrorism In response to the recent atrocities in Paris, Western governments are taking some frightening precautions to avoid the recurring threat of terror attacks. It's 9/11 and the PATRIOT Act all over again. Terrorism may be a real and legitimate threat, but government's reactions to such events are so invasive and terrifying, they may be just as dangerous. Full article here. Private Consultations — First Come, First Served For a select group of people, we're about to do something that we've never done before. We'll be setting up private one-on-one phone consultations to help you create your own personalized plan for setting up offshore asset protection and financial privacy — absolutely free. But, these free personal consultation slots are extremely limited and will fill up quickly. Click here to get your name at the top of the list. Ignore What They Say: Cheap Oil Prices Do Not Benefit the Economy Don't be so quick to assume that $1.99 gas is a good thing. You may be saving a few dollars at the gas station, but the entire oil industry has taken a severe hit. This causes a much greater dent to the economy than cheap gas prices could ever hope to alleviate, and that will inevitably hurt your wallet in other ways. Read the full article here. A Must-Have for Every American Our government is heading towards two nightmare scenarios that could put a "lock-down" on your money. To find out how you can safely (and legally) protect your wealth from whatever the government may try next, Bob Bauman has released an update to his most important financial book to date. Click here to learn more. U.S. and China Team Up to Launch Global Tax System If ever there will be a One World Government, it will start with diverse nations joining forces to wrangle in corporations and individuals retreating to more tax-competitive jurisdictions. We are beginning to see that now, as China adopts measures the U.S. introduced with FATCA. This is the beginning of a world one tax system … and where it goes from here, you can probably guess. Read the full article here. Become a Subscriber When the next economic crisis hits — will you be prepared? As a subscriber to Jeff Opdyke's Sovereign Investor, we will arm you with the tools and strategies needed to prepare and prosper in the months ahead. Subscribe Now! Privacy Policy The Sovereign Investor Daily, 55 NE 5th Avenue, Suite 200, Delray Beach, FL 33483 As a Sovereign Investor Daily subscriber in good standing, you're eligible to receive our comprehensive guide full of life-changing financial secrets. You'll learn how to legally and easily escape high taxes, and protect your personal wealth. Just click here to claim your copy. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: http://thesovereigninvestor.com Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and should not be considered personalized investment advice. Therefore, you should not base investment decisions solely on what you read here. It's your money and your responsibility. Certain investments such as futures, options, and currency trading carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. CFTC Rule 4.41 - These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading and may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. Past results of any individual or trading strategy published by the Sovereign Society are not indicative of future returns by that individual or strategy, and are not indicative of future returns which could be realized by you. (c) 2015 Sovereign Offshore Services LLC expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. 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