Tag: IRS asset seizure
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Can the IRS Take Your House, Car, or Retirement Account?
The IRS collection process can extend beyond wage garnishments and bank levies to include houses, vehicles, and retirement accounts. This article explains how asset exposure develops through unresolved balances, escalating notices, and taxpayer inaction after filing season, along with why early response preserves more options and leverage.
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How to Stop IRS Collections Immediately Let Steve Perry, EA, Protect Your Sanity and Your Assets
IRS collections can turn your life upside down fast. The smallest misstep, like missing a single payment, can unleash wages garnishments, bank levies, and devastating tax liens. Ignoring notices only accelerates the pain, while penalties snowball. But you don’t have to fight alone. Steve Perry, EA, founder of Books, Taxes & More, is the expert…