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
With an IRS bank levy, the IRS will contact your bank and freeze your bank account. After 21 days, your bank is required to send the funds plus interest. In many cases, the IRS may not levy your bank account and instead levy your wages. If you have enough money in your bank account to … Read more
Not filing of taxes is a culpable felony in some jurisdiction. But the government such as that in the United States, late filing of federal taxes is not a punishable offense in order not to totally discourage the taxpayer from filing his taxes. However, late filing of the taxes is subjected to additional penalties or … Read more
Home mortgage loan is availed to purchase a home and once the home is yours the only thing you need to ensure is that the monthly payments are made on time and regularly so that the entire loan is paid off and the home is yours forever. But when it becomes difficult to pay … Read more
Why You Need Auto Insurance The main purpose of auto insurance is to protect you and your assets from the financial consequences of being in an auto accident. And “assets” means everything you own, not just the value of your automobile. Lawsuits stemming from auto accidents can be extremely costly, and can devastate an individual’s … Read more