(1) The offer in compromise program is not as advertised on television.
(2) IRS seizures of houses, personal belongings and business property do happen.
(3) Retirement accounts are not protected from IRS collection actions.
(4) The IRS has limits on the amount of time it has to collect a tax debt
These factors are essential to anyone with IRS problems – know the difference between what you hear and what is reality.
With increased staffing of high-level Revenue Officers by 30% and levy actions hitting 15 year highs, the four things You Should Know About the IRS can help you navigate a fresh start.
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