When taxpayers owe back taxes and fail to pay, the IRS can legally seize assets like property, vehicles,...
The statute of limitations on collections sets legal time limits for how long debts or tax obligations...
A Future Income Collateral Agreement is a contract where future earnings are pledged as loan security,...
Asset seizure occurs when the government or creditors legally take your property to satisfy unpaid debts,...
A withdrawal of a federal tax lien removes the public notice of the lien, helping improve your credit...
A tax refund intercept occurs when the government redirects all or part of your tax refund to repay certain...
A bank levy is a legal action allowing the IRS or creditors to seize funds directly from your bank account...
IRS Tax Topic 201 describes the IRS collection process used to recover unpaid taxes, detailing notices,...
A tax levy allows the IRS to seize your assets for unpaid taxes. Taking early action can help prevent...
Asset seizure by the IRS occurs when the government legally takes your property to settle unpaid tax...