
Uncle Sam is usually a pretty unforgiving guy, but if you were unemployed in 2011 he might be willing to cut you some slack on your taxes this year.
While Uncle Sam will of course want the full amount of taxes you owe at some point in time, you may be eligible to receive extra time to pay your 2011 tax bill without incurring additional failure-to-pay penalties (.5% to 1% of your unpaid taxes for each month up to 25 percent of your unpaid taxes). That could save you as much as $500 per month!
For those going through a difficult stretch of unemployment since the beginning of the year, bank accounts are probably looking pretty bare right now, which means this news might come as a huge relief as taxes are due in just over two weeks. The new rules also apply to self-employed individuals whose businesses are struggling due to the prolonged economic downturn, so you don’t even need to be technically “unemployed” in order to take advantage of this program.
It’s an unfortunate sign of the times that we are seeing a proliferation of ads promoting debt consolidation and debt settlement companies giving bad 
The US Federal Credit Union Visa Classic credit card is part of the trio of cards that USFCU offers its members. All three cards have the same benefits and low fees. The only major difference is the interest rate on each card.
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