About IRS tax levies.
Winning your properties and assets back after the Internal Revenue Service seized the items is going to be a tough game. If the agency levied your bank accounts and liquid assets, prepare yourself because it might become impossible to get any of the money back. If the IRS collected your vehicle or business tools, these …
Can You Get Your Property Back After An IRS Tax Levy? Read More »
While the Notice of Federal Tax Lien is just a public announcement of what you owe the IRS, the real action happens in the tax levy process where the IRS seizes your real and personal property or assets. Usually, levy notices are given to the financial institutions and employers with whom the tax debtor is …
A property levied by the IRS and seized must be disposed of by sale. After that, the IRS will apply the sale proceeds to the taxpayer’s liabilities in the manner prescribed by the Internal Revenue Code. If you are a taxpayer experiencing a tax levy, just because your property has been sized doesn’t mean that …
IRS Redemption of Real Estate and Personal Property Read More »
