Denver Tax Attorney   IRS Seizures

When facing the threat of IRS seizures of your assets and property, contact the Denver tax law attorney at Goldman Law, LLC to halt the seizure process and successfully resolve your tax debt issues.

When a person has outstanding tax debt, the IRS may take action against that person to try to collect this debt by attempting to seize his property and various assets. Such IRS asset and property seizures may also be referred to as IRS levies and can result in the IRS taking possession of a person’s real estate holdings, bank accounts, vehicles, and other assets.

What may be just as distressing as the IRS’ power to seize people’s assets when they owe some tax debt is the fact that it may be possible for the IRS to seize property that a person owns jointly with others, such as business holdings and/or marital property.

Given the real threat of IRS seizures and levies, it’s critical that people who are carrying some outstanding tax debt consult with a trusted Denver tax law attorney at Goldman Law, LLC to resolve their tax debt issues and prevent the IRS from taking their valued and precious assets.

How the IRS Property Seizure Process Works

In general, the IRS property seizure process will proceed in three distinct steps in order to ensure that the individual who is the subject of the seizure proceedings is notified of an impending seizure and has the opportunity to appeal the process. The three-step IRS seizure process typically proceeds as follows:

  1. A person will receive a “Notice of Demand for Payment” from the IRS. This will detail the amount of an outstanding tax debt and explain the date by which the IRS is demanding payment of this debt.
  2. If the IRS does not receive the required payment by the specified due date, then the IRS will officially see the non-payment as a refusal to comply a tax obligation.
  3. Next, the IRS will send a “Final Notice of Intent to Levy and Notice of Your Right to a Hearing” to the individual who still owes the tax debt. Generally, these notices are sent by registered or certified mail.

Upon receiving this Final Notice, people will have 30 days from the date of this notice to request a case review or a hearing to dispute the intended property seizure and IRS levy.

How to Stop the IRS Seizure Process

Stopping an IRS seizure from proceeding will generally require that a person resolves his outstanding tax debt with the IRS – either by paying the debt in full, working out an offer in compromise or coming to some other agreement with the IRS. Failing to resolve the tax issue will likely mean that the asset seizure proceeds and that at least one IRS officer will come to your home and/or business to start taking your property to satisfy the outstanding debt.

Instead of waiting for this to happen, make sure you take action as soon as possible by contacting an experienced Denver tax law attorney at Goldman Law, LLC to help you effectively:

  • Stop an IRS seizure.
  • Protect your assets
  • Resolve your tax debt issues.

You Can Rely on the Denver Tax Law Attorney at Goldman Law, LLC

Have you received an IRS notice regarding some outstanding tax debt and an impending asset seizure, IRS levy or wage garnishment? If so, it’s time to contact the trusted Denver tax law attorney at Goldman Law, LLC. He is ready to stand up for your rights and help you resolve your tax issues as favorably as possible.

To receive a professional case evaluation, as well as expert advice regarding your best options, contact us by calling (303) 656-9529 or by emailing us using the contact form on this page. From our offices in Denver, we serve clients throughout Colorado.