Topic: Summons – How the IRS Gathers Information (Part II) If the IRS serves a third-party summons to determine your tax liability, you’ll receive a notice indicating that we’re contacting a third party. Third parties can be financial institutions, record keepers, or people with information relevant to your case. They won’t review their information or…

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Topic: Summons – How the IRS Gathers Information (Part I) Summons: Used to secure information If the IRS is having trouble gathering information to determine or collect taxes you owe, they may serve a summons. A summons legally compels you or a third party to meet with an officer of the IRS and provide information,…

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Topic: Levy: Seizure of Property (Part VII) Wrongfully Seized Property – How to recover economic damages If the IRS wrongfully seized your property, they lost or misplaced your payment, or there was a direct debit Installment Agreement processing error and you incurred bank charges, they may reimburse you for charges you paid. For more information,…

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Topic: Levy: Seizure of Property (Part VI) Information on Seized Property: A. How to recover seized (“levied”) property that has been sold… To recover your real estate, you (and anyone with interest in the property) may recoup it within 180 days of the sale by paying the purchaser what they paid, plus interest at 20%…

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