Bank of America Ordered To Pay $540,261,499 for Massive Underpayment of Deposit Insurance Fees – The Daily Hodl

Bank of America is planning to pay more than $5 billion after a district judge discovered that lenders had paid significantly less deposit premiums for more than a year. In 2017, FDIC filed a lawsuit against BOFA As it is reportedly Between the second quarter of 2013 and fourth quarter of 2014, the company was […]
Advice | Why should you pay the IRS on time? The underpayment penalty is 8%. – The Washington Post

With tax season in full swing, there’s one thing to remember. If you owe money to the IRS, that means you’ll pay a lot of money in interest. Under tax law, interest rates on overpayments and underpayments are set quarterly. As of April 1, the tax rate for individuals will remain at 8%, almost triple […]