IRS Collection: Liens, Levies & Seizures
The IRS is a notoriously aggressive debt collector. If you owe taxes, the IRS can lien and levy against your income and your property until you pay the liability in full. This includes income tax, employment taxes, sales and use tax, or excise tax. The IRS can also, in certain circumstances, seize your property and apply it to the satisfaction of your outstanding liability. Such action can damage you and your business by causing you to lose assets and income as well as by hurting your credit, your reputation and your ability to meet your other financial obligations.
At Thorn Law Group, we can help you avoid the damaging effects of IRS liens, levies and seizures. If the IRS is threatening to lien, levy on or seize your property, contact Kevin E. Thorn at 240-235-5096 right away so that our experienced tax collection attorneys can work with you to suspend IRS collection activity while we explore with you ways to manage your debt to the IRS, Such options may include entering into an:
- Installment Agreement;
- Offer in Compromise for Doubt as to Liability; or
- Offer in Compromise for Doubt as to Ability to Pay.