Is the IRS threatening to seize your personal property?

IRS Seizures – 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 were 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 policies, and even your retirement funds.

If you’ve received an IRS seizure notice, it’s time to act now! For no obligation free consultation contact us today!
ABA Tax Accounting
Amare Berhie, Senior Tax Accountant
amare@abataxaccounting.com
612-282-3200
866-936-0430 Toll free
www.abatax81.blogspot.com
http://www.abataxaccounting.com

Advertisements

The URI to TrackBack this entry is: https://abataxaccounting.wordpress.com/2012/08/13/is-the-irs-threatening-to-seize-your-personal-property/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: