Posts Tagged ‘seizure’

How is a tax levy different from a lien?

  • David Greene
  • Comments Off on How is a tax levy different from a lien?

This week I want to discuss how a levy differs from a lien.  While a lien is simply recorded at the courthouse and is therefore a “passive” collection action (nothing happens until the taxpayer sells property), a levy is an…

Can a tax lien be used to seize your home?

  • David Greene
  • Comments Off on Can a tax lien be used to seize your home?

No, the IRS will not seize your home as a result of this Lien.  They would have to start a legal proceeding to reduce the lien to a judgment.  However, this lien does affect your property.  You can think of…

The IRS has a new Private Debt Collector program.

  • David Greene
  • Comments Off on The IRS has a new Private Debt Collector program.

Any time you owe back taxes you should be worried and it is always better to be proactive. You should be even more worried now because the IRS is implementing a new Private Debt Collection program.  The first one lasted…

Can the IRS seize property in a non-liable taxpayer’s name?

  • David Greene
  • Comments Off on Can the IRS seize property in a non-liable taxpayer’s name?

Yes they can for two reasons. First the Statute of Frauds states that when one transfers property after he has notice of a potential lawsuit or debt, the Court can reverse the transfer as being done to avoid the debt….

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