Posted by Fred Lake

Can the IRS seize property?

Can the IRS seize property?

No matter wherever you run, you cannot avoid to pay taxes specially in a country where the law is quite strict. You may be able to get away with it initially but eventually you will be caught by the IRS if you do not pay your pending taxes. If you do not pay your taxes on time then can the IRS seize property? Yes, they can for sure. 

If you will ignore and say no to paying taxes, the IRS has full right to seize your property and this is one of the strict actions performed by the IRS. If you have not paid the tax and the amount is long due, you need to take this in consideration and pay the tax on immediate basis. 

The seizure process of the IRS if you do not pay your tax

If you have neglected to pay your taxes, and it has now come under the notice of the IRS, they will follow a few simple steps to reach your place and seize your property. The IRS goes through 3 steps so that it can seize your property legally. 

  • The first thing which the IRS does is it sends you a notice, or in simpler words your entire tax bill as a reminder for you to pay the taxes.
  • It is up to you now to either take action of the notice and immediately go to pay the tax bill or ignore the notice from the IRS. The IRS however, waits patiently for a few days in hope of you to reply them.
  • Finally, after waiting for some days the IRS sends a final notice to the taxpayer and invites them to a legal hearing. 

The final notice by the IRS is sent to the taxpayer at his/her house and the taxpayer then has a total of 30 days to arrange money to pay the taxes or to make any other arrangement or either to make an appeal to the court. 

What kind of property can the IRS seize?

The IRS can seize your property and also the real estate regardless of the fact if it is in your possession physically or not. An example of this would be like many people have different kinds of possessions not necessarily under their use and not necessarily at the place where they live. For instance, you might have stored your boat at a friends place and there is always a chance that if you do not pay the taxes, then the IRS can seize your boat from the friends place. 

The IRS is very strict in this regard, and no one can get away with this. They have the complete record and complete information about the tax payer. All the information, from the taxpayers address, to personal details and to the times that they have missed out paying the taxes in under their information. A person may avoid them for a limited amount of time, but they cannot do it always. 

Can you stop the IRS from seizing your property by strong appeal?

Apart from appealing for time extension, you can also appeal your case and plead to convince the IRS to not seize your property. Incase that you have paid your taxes already and have still received the notice from the IRS, you must have the written information and record so that you can prove your case to the court. 

Apart from this, if you have separated from your spouse and the taxes were payable when both husband and wife were living together, you need to present your case in such a manner so as to prove that the spouse is liable to pay the taxes and not you. 

Wrapping up

A tax professional can help you to plead your case properly and help you put all your points forward. A tax advisor or a tax professional may charge fees from your for the services he will offer you but he will be the one who can plead your case with perfection. 

Nevertheless, if you have not paid your taxes, then it is high time that you do not so as to avoid the IRS from seizing your property. People often ask is it for real, can the IRS seize property? If you do not pay the taxes in time, they can. 

Fred Lake
Contact This Member