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Taxation & Estate Planning

: IRS Problem Solver Blog

Can the IRS seize your property?

By Darrin Mish

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Yes, the IRS can seize your property, but, certain guidelines and restrictions are more stringent today than when first implemented.  It used to be quite a common practice for the IRS to seize your property and sell it, without so much as a court order.  This was especially commonplace for businesses that were delinquent with payroll taxes.  If you have proven to be a delinquent taxpayer, items such as cars, home furnishings and entire homes, business equipment, and machinery can be seized by re read more

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Full post as published by IRS Problem Solver Blog on January 26, 2008 (boomark / email).

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