Did u know Bank of America works with IRS to find delinquent taxpayers among their account holders?
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I recently had my Bank of America account levied and when I went to the higher ups in the bank they revealed to me that they work with the IRS and furnish them complete information on all Bank of America bank accounts now I have warned you do you still want a Bank of America bank account. If you don't believe this just ask them at the bank and they are not a bit ashamed of this fact.
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Answer:
ALL banks are required to do this. Just because you got busted for not paying your taxes does not mean that BoA did something wrong, or something other banks don't do. If you do not want your bank account to be levied then pay your taxes. Simple.
Bob at Yahoo! Answers Visit the source
Other answers
Thats pretty wild, I had no idea.
All banks are required to provide this information, and have been for quite some time. Where have you been? Did you also know that all banks provide the IRS with all deposit information on all accounts, using the social security number you provide? These are 1980's banking laws.
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