Posts Tagged ‘IRS’

Posted on May 22, 2018 in IRS

A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens. A lien is a legal claim against property to secure payment of the tax debt, while a levy actually takes the property to satisfy the tax debt. Where does Internal Revenue Service (IRS) authority to levy […]

Posted on May 6, 2017 in Taxpayer

Imagine you want to sell a home but a federal tax lien for delinquent taxes has been filed against it.  You do not have the money to pay off the lien, and even selling the house will not generate enough money to pay it, or it will not generate any money at all to pay […]

Posted on April 21, 2017 in Taxpayer

Things are changing in IRS collections.  The IRS never cold called taxpayers.  But that may change.  And it opens the door for more scams. Federal law now allows the IRS to use private debt collectors to hunt down certain delinquent accounts, typically old debts from taxpayers who have been hard to locate. •If your account […]