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Is the IRS Going to Take the Car I Need to Go to Work?

May 29, 2020

Is the IRS Going to Take the Car I Need to Go to Work? The answer to this question would depend on if this is your only car or is it a collector car and you have another. If this is your only car you need to go to work, the IRS is prevented from taking it under Internal Revenue Code 6343(a). This section of the...

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Will the IRS take my house?

May 29, 2020

Will the IRS take my house? One of the biggest concerns for taxpayers with large tax debt is will the IRS going to take my house. No matter what you may have heard, the IRS does not want your house, car, or furniture. In 2018, the IRS made 275 seizures of real and personal property. Most of those seizures were...

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So, What Exactly Can the IRS Take?

May 22, 2020

So, What Exactly Can the IRS Take? The IRS must provide a series of notices if a debt is owed. Those notices culminate in the Final Notice of Intent to Levy. The taxpayer has 30 days to formally object to collections and suggest a collection alternative. Once the 30 days has expired the taxpayer is open to collections....

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