|Laura Plantation in Vachery, LA|
I closed down and sold my business 5 years ago. And I get a notice today saying that my CD in the name of my business is considered unclaimed and will go to the government. Well........I spent 3 days on the phone working this out.
|Patsy and Chuck In Costa Rica|
Boom! just like that! I was listening to Glen Beck or Sean Hannity, one of them, the other day and he was saying that the government puts loopholes into the tax code so that if you "trip" they can "take" the money or property. I thought at the time, what nonsense. But this is a perfect example of that in action.
|Patsy in Belize|
So, my advice to you. During this tax season, go over all the stuff you think you have and make sure you really have it. And consider not letting your instruments auto-renew. Take an active role in your money.
The government will get it fast enough.