IRS levies and property seizures

Owing money to the IRS comes with fear – fear of losing your house, your property, your bank accounts, even going to jail.  And the fear of your employer finding out you have a tax problem. Your employer would discover your IRS problem if the IRS sent a wage levy to your job in an […]

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It can be overwhelming when the IRS demands payment, considering the power the IRS has to levy your wages, bank accounts, house, and business.  When you have an IRS problem, it is natural – and easy – to feel not only overwhelmed, but desperate. I like to help my clients better understand their situation and […]

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I would like to share my response to a reader who was experiencing financial hardship because the IRS had levied his state income tax refund, and he needed the money to get his house out of foreclosure. As the reader correctly pointed out, the problem with the IRS levy was that it was made while […]

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Proceeding blindly is something that you rarely want to do with the IRS. If you owe back taxes, or have unfiled returns, or are in any way concerned about an IRS problem, it’s best to first find out what the IRS knows about you. What is the IRS doing on your account?  What can they […]

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When working with an IRS Revenue Officer, there are two warning signs that levy action is imminent. The first sign is the IRS Final Notice of Intent to Levy.  This notice is required by law (Internal Revenue Code 6331) and provides a 30 day right to stop levy action by filing an administrative appeal.  The […]

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If you owe money to the IRS, chances are you have justifiable concerns over the IRS involuntarily taking your property to pay the debt. But the IRS releases statistics on what they levy and seize. This provides valuable direction as to what is really at risk for you rather than losing sleep and energy worrying […]

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