If you have already received a seizure notice, you must act quickly. Jones, Savarese, Harrington & Company tax advisors can work on your behalf to prevent the process from continuing and begin resolving your IRS issues. Of course, it’s best not to allow any IRS issues to get to this point, but if it does, you need tax accounting experts on your side otherwise you could lose everything.
When the collection process begins, you will receive a written notice from the IRS informing you of their authorization to liquidate your assets in order to cover the tax due. “If the IRS seizes your house or other property, the IRS will sell your interest in the property and apply the proceeds (after the costs of the sale) to your tax debt.” This may be your worst nightmare, but it can be avoided if we get involved soon enough.