Price of Procrastinating on Your Taxes?

NYSE Amex: BNX announced today online tax extensions, has released its Annual Tax Procrastination map. The map provides a real time view of tax extensions being filed by taxpayers across the United States.

"It's little wonder why people procrastinate in doing their taxes. Dealing with the IRS is up there with public speaking as far as human fears go and the fear is so acute that some people say they fear the IRS more than they fear their own deaths!" commented Dan O'Donnell, CEO of Banks.com. "Last year, over 10 million taxpayers opted to file tax extensions prior to the April filing deadline to extend their tax return due date to October 15th".

FileLater.com, Banks.com's most recent learning, allows taxpayers to file a tax extension with the IRS online and receive a quick acknowledgment from the IRS with no questions asked and no need to provide a reason for the extension. "Among the many comfort levels filing an online extension with FileLater provides is the IRS will approve and acknowledge your tax extension electronically online. That's a comfort level you just can't get when you put a stamp on an envelope and send your extension to the IRS through the U.S. Mail," added O'Donnell.

The company also announced that the customers who file an online extension using their Facebook account to login and who share their experience with five of their Facebook friends can file their extension absolutely free. "FileLater customers who utilize their Facebook logins, not only get to file their tax extension online for free, they also get to share a discount with their friends who need to file an extension," concluded O'Donnell.
About Banks.com

Banks.com, Inc. operates internet media properties including: banks.com, irs.com, filelater.com and mystockfund.com. Our properties provide users with relevant finance-related content and services and provide vendors targeted online advertising opportunities. Through banks.com, we provide access to current financial content, including financial news, business articles, interest-rate tables, stock quotes and financial calculators. We also provide users access to tax related financial services including free online tax preparation through irs.com and online tax extensions through filelater.com, a business we acquired in late 2010, as well as online stock brokerage services through mystockfund.com. In addition to Banks.com, it operates other search related websites including Look.com.

Forward Looking Statements

This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and may include statements regarding acquisitions, business estimates, future contracts, future financial performance and results of operations, including cost of revenues, operating expenses, interest expense, net loss and cash flow. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release. Additional information concerning risks and uncertainties that may cause actual results to differ materially from those projected or suggested in the forward-looking statements may be found in Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K filed with the U.S. Securities and Exchange Commission.

UNITED PARCEL SERVICE (U.P.S)

SmarTrend has detected shares of United Parcel Service (NYSE:UPS) have bearishly opened below the pivot of $72.27 today and have reached the first level of support of $71.61.

Should the shares continue to fall, we are monitoring the next support pivots of $71.20 and $70.13. Also, the shares are currently trading below the 50-day moving average of $73.24 and should find support at the 200-day moving average of $68.31.

In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has risen 0.25%.

In the past 52 weeks, shares of United Parcel Service have traded between a low of $56.47 and a high of $77.00 and are now at $71.46, which is 27% above that low price.

SmarTrend is monitoring the recent change of momentum in United Parcel Service. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of United Parcel Service in search of a potential trend change.

GMA Shares Tips For Finding Unclaimed Money

Billions of dollars, That's the amount of unclaimed money in the United States waiting to be given back to the rightful owners. The money includes forgotten apartment security deposits, uncashed overtime checks and lost insurance refunds, and it's sitting there, waiting for you.

Banks and other businesses are required to turn unclaimed money over to the states for safekeeping. The 50 states plus the District of Columbia have set up a free website you can use to see whether there are any forgotten funds in your name.

Click Here to see extra tips for how to search for missing money.

"GMA" decided to try it out.

At the crossroads of America, in Times Square, we set up our "GMA" unclaimed money headquarters.

Soon, we are in business and I am either a hero or a zero.

At first, we are sweating actually freezing as we come up with nothing. Nada.

But then along comes a lucky lady.

Motorola owes her money and the state of New York is sending a check.

It's important to check every state where you have lived.

And every name you've ever lived under.

Thirty-two minutes into our experiment, we hit a streak.

We found modest amounts of money for several people in a row.

Not all state websites tell you how much money you have coming.

Then a woman approached us who suspected there was unclaimed money in her husband's name. Sure enough, there were funds waiting for him from sort of unused cashier's check. And we suspected the dollar amount was high because the state of New York wasn't willing to blindly send a check. Instead, the state wanted the couple to submit a notarized affidavit to claim their funds.

We conducted 25 searches found missing money in seven of the cases.

We found money for those happy people by using the free website set up by the states. But there are some new ways to find unclaimed money by checking with the feds as well.

The Treasury Department

The Treasury Department has billions of dollars worth of savings bonds that have matured and aren't earning interest anymore but haven't been cashed in by the owners. The treasury has set up a website where you can search by social security number.

Banks

Bank deposits are insured by the Federal Deposit Insurance Corp., and if you didn't collect your money when the bank went under, the FDIC holds that money for you. For failed credit unions, the National Credit Union Association does the same thing.

UCSD Policy Limits

With transfer applications soaring and budget cuts looming, the University of California San Diego is raising the threshold on a guaranteed admission program for the state’s community college students.

For years, community college students who took specific courses and obtained a 3.0 grade point average could count on admission under the program called Transfer Admissions Guarantee, or TAG.

But faced with growing demand and limited capacity, UCSD officials in recent weeks have notified community college officials statewide that for guaranteed admission in 2012 and beyond TAG students will have to earn GPAs of 3.5 or better.

Mae Brown, assistant vice chancellor and director of admissions at UCSD, said that TAG applications have grown from 443 five years ago to 8,715 for fall admission this year.

“We saw the exponential growth in TAG applications this is a guarantee and the obvious issue is we don’t have the capacity,” Brown said. “Given the severe budget situation, and the university (statewide) taking a $500 million or more budget reduction, if we are going to guarantee, we should be guaranteeing admissions to the best prepared.”

UCSD’s program started in the early 1980s and involved only two year schools in San Diego and Imperial counties. Later, UCSD entered agreements with 33 colleges around the state. And since 2009 it has offered the program to all 112 California community colleges.

Brown said applications spiked dramatically for 2011 largely due to a new computer based process that makes it easier for TAG students to apply to multiple campuses. Still, she said, the trend was already overtaxing the campus’ capacity.

The university’s decision has prompted a sharp response from officials of Southwestern College, which serves a predominantly minority population in the South Bay.

“We are very concerned,” said Angelica Suarez, vice president for student affairs at the one college district. “It’s about access for our students. This is going to narrow and reduce the number of students who can go to UCSD.”

Suarez and Jaime Salazar, Southwestern’s transfer center coordinator, said UCSD’s decision directly contradicts university policies calling for the removal of barriers for students from traditionally underrepresented groups.

“They’re always giving us lip service,” said Salazar. “They say they’re committed to diversity, but it’s all lip service. It’s all about being the Ivy League of the West, serving the elite.”

Brown, who has met recently on the issue with representatives of all six community college districts in San Diego and Imperial counties, dismissed the notion that the change runs counter to the university’s diversity goals. She said that when the TAG program was implemented in the early 1980s available then only to local two year college it was meant to boost then low transfers from community colleges.

“It had nothing to do with underrepresented minorities,” she said.

Brown noted that UCSD will continue to admit community college transfers through TAG and the non guaranteed transfer process.

“Because community colleges are so racially diverse, you automatically pick up more diversity whenever you admit those transfers,” she said.

Of the nine University of California undergraduate campuses, seven have TAG programs. Berkeley and UCLA do not offer guaranteed transfer admissions to community college students.

Nick Serrano, a Southwestern College student government officer, disagrees with Brown’s contention that the decision is neutral in its effect on minorities.

“The change from a 3.0 to a 3.5 is huge,” said Serrano. “To a lot of our students this is discriminating because minority students do tend to have lower GPAs.”

He added that many UC eligible Southwestern students can’t really consider other campuses in the system because they can’t afford the cost of living away from home.

“It’s an access issue,” Serrano said. “It will limit a lot of our students, who can only go local, from going to UCSD.”

UCSD accepted 25 TAG students from Southwestern in 2008, 46 in 2009 and 66 in 2010. It has received 152 TAG applications for fall of this year.

Brown said that based on 2010 data, she estimates the 3.5 threshold would have reduced the applicant pool by about 50 percent. Administrators at other local community colleges are not as distressed by UCSD’s decision as their counterparts at Southwestern.

“I agree that it’s a big jump (from 3.0 to 3.5,)” said Lynn Neault, vice chancellor of student services for the San Diego Community College District. “As the demand for higher education increases, they’ve got to manage budgets and manage enrollment just like we do.

“What we need to do is make clear to our students from the start that they need to get as high a GPA as they can.”

Neault estimated that the higher GPA would disqualify about 45 percent of her district’s TAG applicants. Southwestern College officials and others have asked UCSD to modify its decision. They have suggested that students already in the program be grandfathered in at 3.0 for 2012 admission.

Other suggestions include keeping the threshold at 3.0 for San Diego and Imperial county students while raising it for others. Another is that the level be raised only to 3.2. Brown said the decision has already been made by the faculty’s admissions committee. But the question of those in the pipeline, at least is open to discussion.

“We’ve met with the community college vice presidents,” Brown said. “And we’ve talked about ways to accommodate students in that bind.”

Swift Car Insurance

Many people refer to the internet when finding swift car insurance. They are looking to get insurance for their car in a hurry because of different reasons, but turning to the internet can really help people tremendously.

For one, the convenience of shopping for anything online is always favorable. Some people do not want to shop around with different insurance providers and they don’t want to spend the time to get on the phone with insurance provider after insurance provider. This is why the internet has become the number one place where people who are looking for swift car insurance will go for information as well as insurance quotes.

The fact that you are online right now means that you are already ahead of most people when it comes to attaining swift car insurance. You will be able to immediately go to different websites and get a number of quotes within minutes. This will allow you to look at all of the proposals and it will help you choose the best swift car insurance that is the most favorable to you.

Depending on what your driver’s license record looks like, your results may vary from others. A lot of people that want swift car insurance are unaware of how quotes are calculated; therefore you should try to understand that before you are expecting a ridiculously low quote.

For example, if you have accidents in your driving history that were due to your driving negligence, or whatever the case may be, but if it was determined by your police report and your insurance provider that you were at fault, it means that your insurance will be going up. The reason for this is because now you are considered a liability to the insurance company and in order for them to be on the safe side with your driving record, they will need to charge you a higher premium, just in case.

Another thing that affects the premium of your swift car insurance is the amount of points that you have on your driving record. The more points you have means that you received tickets and they were not settled in court. This lets them know that you are more vulnerable to get more speeding tickets or even have an accident because your history shows that you have several points on your license. If you received those points from speeding tickets, they will be able to see that because once they pull up all of your information for your swift car insurance quote it will show them why you received those points. If you are a speed demon in the streets then you are more apt to getting another ticket and even hitting someone in the street, so your insurance will reflect that.

Whether or not your driving record is clean, you should definitely check online for swift car insurance quotes and shop the best deal possible for yourself and for your family. There are so many companies online that are fighting for the next customer that they are willing to offer better deals online than they would to a regular person who would walk into their office.