Unlike the levy, which involves intangible assets such as your bank account, a seizure is the taking of physical assets, such as your home or car...
Offer in Compromise
Did you know that you can settle your debt with the IRS for less than the full amount you owe with their Offer in Compromise program?
Your back taxes, interest, and penalties can be wiped out by filing bankruptcy. If you qualify, bankruptcy can be the best solution to resolve your crushing tax problems...