IRS Property Seizures

IRS Tax Seizures

If you owe the IRS back taxes and interest, they may try to recoupe the money by seizing and selling your assets. Unlike the levy which involves intangible assets such as your bank account, a seizure is the taking of physical assets, such as your home or car. Seizures usually happen in aggravated cases when someone ignores many requests by the IRS over a long period of time to pay their outstanding taxes.

A seizure should not be taken lightly. The IRS will ultimately pursue seizure of your physical assets. Don't think they won't. Many a newspaper or television show has reported citizens being forced out of their homes after it was sold at an IRS auction, often for as little as half its value.

When the IRS seizes your assets they want to quickly sell them at auction. They often get less than half your assets value, so they often seize everything you own including your home, cars, boats, jewelry, motorcycles, insurance polices, and even your retirement funds.

Prevent IRS Seizures

If you've received an IRS seizure notice, it's time to act now! Call us now at 909-570-1103 or request your free consultation online to find out how we can help settle your tax debt and avoid a seizure of your assets.