US banks are on the losing end after yesterday’s ruling in an US federal court regarding ownership proof for home foreclosures. The ruling stems from a lawsuit filed in federal court challenging the right of banks who no longer hold the title to a property to foreclose. Under the terms of the new federal mortgage […]
Independent advocates released a report this morning that shows the Internal Revenue Service is overusing tax liens against US taxpayers. According to the report released by the advocates, the IRS filed 168,000 tax liens in 2009 but they filed over 1 million tax liens in 2010. This number, according to the advocates, is significant enough […]
The Internal Revenue Service announced yesterday that millions of US taxpayers will have to wait to file their returns as a new update to the system is necessary. According to the IRS, the delay is due to the lack of response by Congress regarding the new tax bill. The tax code was changed again this […]