Tax Levy

Following a notice of tax lien comes the tax levy. This is where the IRS comes and takes possession of, and sells your house and anything else you may have of value. The fact that you live in an homestead state will not save you or your house. The IRS has the authority to take anyone’s home. There are ways to stop them, but you will need to contact a tax attorney as soon as possible.

This content is not meant to constitute advice of any kind, including without limitation, legal advice of any kind. If you require advice in relation to any legal matter you should consult an appropriately qualified lawyer.

Tax Law

Recent Tax Law Articles

IRS to go after US Citizens with Offshore Accounts Mar 16, 2010

Within the month, the IRS will launch a new attack on persons hiding assets offshore. Last time it was UBS, this time, no one knows. Another bank, another time, another operation. ...more

Federal and State Tax Debt Feb 18, 2010

Federal Tax Debt & Bankruptcy When a bankruptcy is filed, all collection activity within the IRS will halt until the completion of the bankruptcy ...more

Obama Proposes Small-Biz Tax Cut Feb 04, 2010

President Obama has fleshed out one of the jobs provisions he outlined in last week's State of the Union address. ...more