Resolve IRS Back Taxes for Less
ADVERTORIAL
Our mission is to provide you with honest, trustworthy service
and set realistic resolution expectations that give you peace of mind.

What the IRS Can't Seize

Justin Timberlake would probably prefer that everyone forget about that time in 2003 when he was tricked on TV show "Punk'd" into thinking that his home was being seized, since a house is one of the first pieces of property the Treasury may repossess.

Thankfully, there are a number of assets that are exempt from seizure by the IRS:

  • Unemployment, and certain pension and annuity, benefits
  • Specific service-connected disability payments
  • Workers compensation
  • Limited public assistance payments
  • Minimum weekly exempt income
  • Assistance under the Job Training Partnership Act
  • Income for court-ordered child support payments
  • Schoolbooks and clothing
  • Undelivered mail
  • Certain amounts worth of fuel
  • Provisions
  • Furniture and personal effects for a household
  • Designated amounts worth of books and tools for trade, business, or professions

The IRS also notes that it actually can't seize property unless it expects the net proceeds to help pay off a person's tax debt. But that's where the exemptions end. The biggest components of a person's livelihood, like their earnings, bank account and property, are all fair game for IRS seizure after failure to pay taxes. The lesson? File your taxes honestly and on time, and don't hesitate to seek help if you're in financial trouble and unable to pay them. The agency encourages calling 1-800-829-1040, visiting a local IRS office to speak with a representative in person, or visiting www.irs.gov.

Read more at //www.philly.com/philly/business/personal_finance/9_Bizarre_Items_Seized_by_the_IRS.html#IAIrxPrRC1cSYOu3.99

Get your case reviewed by Tax Analysts, Tax Attorneys, and even ex-IRS agents
Compare your tax relief options and benefits and decide what's best
If you choose, your case can be mediated on your behalf with the IRS to arrive at the best possible IRS concessions
Get My Review
Owe IRS back taxes and worried about an IRS lien or levy?
For expedited tax relief assistance (personal or business taxes) Call the IRS Fresh Start Helpline:
Listen to the stories of people just like you and how they overcame their back taxes.
I found out I had a tax lien of $250,000 from taxes that I hadn't filed..."
—Richard, VA
"...Because of some difficult family problems and a divorce and some financial issues...I did not file my income properly..."
—Paul, NJ
"...we had gotten a letter from the IRS basically threatening to levy against our property and it's scary..."
—Sharon, OH
For immediate assistance with an IRS tax matter call , or request online.
We understand IRS issues are stressful and complicated. Just answer a few questions online to help us find the best course of action for you. If you prefer you may call toll-free .
Get your free case review by Tax Analysts, Tax Attorneys,
       and even ex-IRS agents by calling .
Compare your tax relief options and benefits and
       decide what's best.
Upon your approval, your case can be mediated with
       the IRS
to arrive at the best possible IRS resolution.
Even if you haven't filed for one or more years, and don't have your tax documents available, we can automatically access your records for you and provide your free tax resolution assessment.
BBB A+ Rated
Powered by Envoy
Request a free tax resolution assessment in minutes.