Property seizures by the IRS aren’t always by the book, according to a Treasury Inspector General for Tax Administration (TIGTA) audit. It reviewed 60% of the seizures from the 12 months that ended June 30, 2019 to evaluate IRS compliance with the law and with IRS’s own rules. The sample revealed seizures that weren’t in strict compliance and identified procedures that resulted in potentially unfair outcomes. For example, the agency must release levies that are causing economic hardship, “yet, at times, the IRS seizes property, including personal residences, when the taxpayer appears to be already suffering an economic hardship,” TIGTA said. To read the full audit: http://bit.ly/2HMEpKV Call or visit our website for more information! www.mjscpa.com/
