How to Recoup Erroneous IRS Bank Fees

Article by Roni Deutch The Internal Revenue Service (IRS) has implemented procedures for taxpayers to request a reimbursement of the fees charged by a bank against a taxpayer for processing a bank levy when the bank levy was issued erroneously by the IRS. Reimbursements are limited to $ 1,000.00 and must be claimed within one … Read more

FBAR – U.S. TAXPAYER REPORT OF FOREIGN BANK & FINANCIAL ACCOUNTS – FORM TD F 90-22.1

On April 2, 2009, the IRS announced they will reduce the penalty for not filing a Report of Foreign Bank and Financial Account, known as a FBAR Form. The current penalty is up to fifty percent (50%) of the highest annual balance of each account for each of the last 3 years.  The 50% penalty … Read more

The Best Way To Invest Money?: Can I Avoid Risk?

Are you searching to determine what is ? Simply as the saying goes, we reside in a perilous world. Almost all things we do encompasses a certain amount of degree of risk. .. because one is just not certain concerning the result of the investment. In reference to Wikipedia, investment or investing is a term … Read more