Estimated reading time: 0 minutes, 20 seconds

Small Business Owner Gets Seized Funds Back

A North Carolina small business owner whose funds were wrongly seized by the IRS is getting his money returned, reports CNBC. The $150,000 dollars was forfeited to the IRS under a now revised rule meant to capture money launderers and drug dealers. With help from a nonprofit legal justice organization, the shop owner was able to get his money returned 15 months later. 


Read the article on CNBC
Read 2387 times
Rate this item
(0 votes)

Visit other PMG Sites: