When tax is unpaid, vehicles, real estate and other property may ultimately be seized by the IRS. To protect taxpayers’ rights, provisions are in place to govern the process. Recently, the Treasury Inspector General for Tax Administration (TIGTA) looked at how the processes were working. From fiscal years 2011 to 2017, seizures decreased by 58%. TIGTA also found that the IRS hadn’t always complied with seizure processes in tax law, “resulting in violations of taxpayers’ rights and taxpayer burden.” Some people who were subject to IRS levies had difficulty meeting basic living expenses, even though procedures exist to allow for economic hardship. Here’s the audit: https://bit.ly/2oxckxQ Contact us for more information www.mjscpa.com/news/
