There is a five-letter word most of us fear: audit. Movies and television shows have portrayed being audited as a scary experience with men in suits coming to your home and grilling you like a common criminal. The good news is that audits are not
The Average American Has a Smaller Chance of Being Audited by the IRS It’s official: taxpayers today have a much smaller chance of being audited by the Internal Revenue Service (IRS). Budget cuts, staff reductions, and changes to collection policies have dramatically reduced the number of IRS
There are some circumstances that require a person to prove they have no income. Proving a negative is not as easy as proving a positive, but there are ways to do so. The following tips can prove useful. Utilize the IRS by going on their website
Using a credit union for your small business can be a big decision with far-reaching effects. There are lots of factors to consider with this decision, but the first thing you need to ensure is you understand exactly what a credit union is. The entire concept
Buying a home is one of the most important and difficult steps many of us undertake as we try to get a foot on the property ladder. There are many parts to the process of buying a home, but one of the most important parts
Yes, is the short answer to whether car dealerships verify income. Car dealerships are prospective lenders. Therefore, they want to know if you can make the payments for the car you purchase. All dealerships go through a verification process in which they check to make
Apartment hunting is exciting, but there are a few things you should know before you apply. The first one is that your income is very important. Apartment complexes verify your income as well as other factors. They want to know that you will be able
Fraud is something that can be detrimental to any organization, debilitating its finances and possibly even ruining its viability. While many kinds of fraud exist, there are five that are especially virulent. Financial Statement Fraud While not as common as some other forms, this fraud is still
After an unauthorized transaction has occurred from your bank account, you should contact the credit union or bank immediately. You will likely be covered by protections under the law if the transaction was made with your debit card or any similar electronic fund transfer. These
Everybody knows that any fraud involves deceiving an individual or a business to gain something. But you need to know the meaning of bank fraud and if it is a misdemeanor or a felony. If you are currently facing charges against bank fraud, you will need