Services: IRS Collection Efforts: Seizure of Assets / Home Lien
IRS Collection of an Unpaid Tax Liability
Equally distressing to a wage levy or bank levy, a tax seizure is another way the IRS can collect unpaid taxes. The IRS’ representative, called an IRS revenue officer, has the authority to seize your assets to cover unpaid tax plus IRS interest and penalties. The IRS can seize boats, cars, airplanes, motorcycles and ATVs, and other items of value. The IRS also has the authority to seize your home or business, or to issue a federal tax lien, home lien or business lien so that if your asset is ever sold, unpaid taxes can be collected from the proceeds.
Since 1991, Patrick T. Sheehan & Associates, Attorneys at Law, P.C. has successfully represented taxpayers facing asset seizure and has obtained tax lien, home lien and business lien release via Form 668-Z, solving their tax problems. Our firm possesses both the skills and experience necessary for success when dealing with the IRS regarding wage levies, bank levies, and asset seizures.
Asset seizure is financially devastating. Immediate action is required. If any of your assets have been seized, or if the IRS has threatened to seize your assets to pay unpaid tax or IRS interest and penalties, please call us. Or, learn more about a Wage Levy or Bank Levy.