This may surprise you. Their bark is worse than their bite. In 2007, the IRS seized nationwide, 676 hard assets.
Why is this number so low?
The government makes it very difficult for its revenue officers in the field to actually make seizures. The stuff they have to go through and the paperwork is overwhelming.
The agent must have a real solid case and you must be terribly delinquent for the government to take action. They go to great lengths to work out deals so that seizures do not have to be made.
How Often Does the IRS Actually Make a Physical Seizure of Property?
Filed Under: Tax Help | Uncategorized
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