Claim Missing Money With Found Money®

Unclaimed property in the State of Indiana is generally held by the State for 25 years. During that period, individuals may search for unclaimed property at www.foundmoney.com, a website that helps to reunite people with their lost or forgotten money. According to Edward Palonek, founder of foundmoney.com, his was the first company to make a search mechanism available on a Web Site for everyone to search for unclaimed property. Found Money was started in 1994 and specializes in unclaimed assets and has reunited thousands of people with their lost and forgotten money.

There are nearly 2 million pieces of property sitting unclaimed in Indiana that represents approximately $383 million dollars. Hoosiers have 25 years to make a claim for the unclaimed property otherwise they no longer can and all that money becomes the property of the State of Indiana.
Securities valued at over $150 million, account for most of the unclaimed assets with uncashed checks coming in second and are valued at over $68 million. Unclaimed wages are next in line at almost $60 million and unclaimed insurance is close behind at over $51 million. The fewest number of unclaimed properties is found to be unclaimed Safe Deposit Boxes which amount to $272,000.

“What is really surprising however is that since 2006 the number of people making a claim has been steadily declining. In 2006 over $54 million was returned to Hoosiers, but sharply declined in 2007 to just over $37 million and then to almost $35 million in 2008”, says Edward Palonek
“During these very difficult economic times, taking action now could put much needed money in the pockets of thousands of Hoosiers and others” says Palonek. In fact over 3,000 people are owned more that $10,000 each, in the State of Indiana while almost 21,000 residents are owed between $500 and $2,000 each.
These unclaimed assets come from Stocks and Bonds, Checks, Wages/Payroll, Insurance, Court Deposits, Accounts, Utilities, Trusts, Mineral Interests and Safety Deposits Boxes in Banks. Don’t delay in starting your search at foundmoney.com for unclaimed money, you may be richer than you think.

Americans are reminded that they could be eligible for a rebate of up to 50% of the Canadian GST/HST paid on eligible tour packages to non-resident/tourists visiting Canada for the Olympic Games. This rebate is also available to non-resident businesses or organizations that buy eligible tour packages for the use of non-resident employees or clients. In addition, this rebate is available to non-resident non-registered tour operators that buy, and then resell, eligible tour packages.
Americans and other non-residents that are not registered and that are not tour operators, for example, businesses or organizations, can claim a rebate of up to 50% of the GST/HST paid on an eligible tour package if all the conditions listed below are met (unless the registrant supplier has already paid or credited the rebate amount to the tour operator).
• The non-resident is not purchasing the eligible tour package for resale in the ordinary course of a business of selling tour packages.
• The accommodation included in the eligible tour package is made available to a non-resident individual.
• The person claiming the rebate is a non-resident of Canada at the time the rebate claim is filed.
• The non-resident submits the rebate claim to the CRA within one year after the last day any GST/HST included in the claim became payable. Generally, the day the tax becomes payable is the day the amount is paid or the date of the invoice, whichever comes first.
• The non-resident includes all required supporting documents with its rebate claim.
Non-residents can receive a rebate for eligible tour packages by:
• filing a rebate claim with the CRA; or
• being paid or credited the rebate amount by a registrant supplier, such as a Canadian tour operator, at the point of sale if certain conditions are met.
If the registrant supplier does not pay or credit the rebate amount at the point of sale, the non-resident can file form GST115, GST/HST Rebate Application for Tour Packages with the Canada Revenue Agency.
This form is found at http://www.cra-arc.gc.ca/E/pbg/gf/gst176/gst176-07e.pdf. Non-residents must file the rebate claim within one year after the last day on which any tax included in the claim became payable, and must include the required supporting documents to prove that they qualify for the rebate.
Edward Palonek from FoundMoney.com says, “these refunds could amount to hundreds of dollars for each tourist to the Olympics. If Americans do not send in a claim form, it will amount to quite a bit on money that will simply become unclaimed cash”.

Mr. Palonek, is the founder of Foundmoney.com, a company that helps reunite people with their lost or forgotten money. Found Money was started in 1994 and specializes in unclaimed money and has reunited thousands of people with their lost and forgotten money.
Upon returning home from the Olympics, “Many folks could use some extra cash to pay of those credit card bills, so why leave that extra unclaimed cash behind” says Palonek.
To search for your name visit foundmoney.com’s website and you could find that unexpected gift full of cash.

Palonek reminds Mississippians and others they have 3 years to file their tax returns to make sure they collect refund money owed to them by the IRS.
It’s that time of year again when everyone is thinking about filing their tax returns and the ones that do not, can be missing out on a fair amount of refunds from the federal government.
In cases where a return was not filed, the law provides most taxpayers with a three-year window of opportunity for claiming a refund. If no return is filed to claim the refund within three years, the money becomes unclaimed property of the U.S. Treasury. For 2006 returns, the window closes on April 15, 2010. The law requires that the return be properly addressed, postmarked and mailed by that date. There is no penalty assessed by the IRS for filing a late return qualifying for a refund.
According to U.S. Senator Roger Wicker, R-Miss., in 2008 t he Internal Revenue Service (IRS) is holding more than $10 million in unclaimed refunds for over 12,000 Mississippians who did not file a federal tax return in 2005. For 2009 those number can be even higher. “I strongly encourage every Mississippian to check their records and make sure that they received their 2005 federal tax refund,” said Sen. Wicker.
The April 15th deadline is approaching, so those who did not file in 2006 should act. You can do so with no penalty from the IRS and still claim your refund.
The IRS estimates that the average Mississippian who is eligible for a refund would receive about $500. Some individuals may not have filed because they had too little income to require filing a tax return even though they had taxes withheld from their wages or made quarterly estimated payments.
The IRS reminds taxpayers seeking a 2006 refund that their unclaimed checks will be held if they have not filed tax returns for 2007 or 2008. In addition, the unclaimed refund will be applied to any amounts still owed to the IRS and may be used to satisfy unpaid child support or past due federal debts such as student loans.
By failing to file a return, individuals stand to lose more than refunds of taxes withheld or paid during 2006. Many low-income workers may not have claimed the Earned Income Tax Credit (EITC) and which gives them even more unclaimed cash.
“During these very difficult economic times, taking action now could put much needed money in the pockets of thousands of Mississippians and others” says Palonek, founder of a unclaimed money and asset search service called foundmoney.com, where people can search their names and the names of friends and relatives to see if they have any unclaimed cash that can be claimed.
According to Palonek, some of the unclaimed assets come from Banks, insurance companies, energy and telephone utilities and companies paying oil royalties. Money, stock or other financial instruments that have been dormant at institutions, or checks and refunds that could not be delivered to the right party, eventually must be turned over to the state. Don’t delay in starting your search at www.foundmoney.com for unclaimed money, you may be richer than you think.