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IRS Bank Account Seizures

When a taxpayer owes a tax liability that has gone unpaid for a long time despite several demands for payment, the IRS can force the taxpayer to pay the debt by seizing his bank accounts. The IRS can seize individual and business bank accounts. Seized bank accounts can be used to satisfy liabilities for: income tax, employment tax, trust fund recovery penalties, excise tax and estate and gift tax.

If the IRS is threatening to seize your bank account, contact Kevin E. Thorn, Managing Partner of Thorn Law Group, at 202-349-4033 to discuss your rights and options.

 

 

 

 


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