When the IRS seizes taxpayer property for unpaid taxes, strict compliance with legal guidelines must be followed. Recently the Treasury Inspector General for Tax Administration (TIGTA) issued its fiscal year 2021 review of IRS property seizures. In an examination of 90 of the 145 seizures conducted, the IRS “generally adhered” to requirements, said TIGTA. However, “some instances in which the IRS did not comply” were identified. To strengthen internal procedures, TIGTA noted that management approval must be secured prior to a property seizure. Also, the revenue officer must attempt to advise a taxpayer that seizure is the next planned action. Here’s the audit: https://bit.ly/3ANnjTY
When the IRS seizes taxpayer property for unpaid taxes, strict compliance with legal guidelines must be followed. Recently the Treasury Inspector General for Tax Administration (TIGTA) issued its fiscal year 2021 review of IRS property seizures. In an examination of 90 of the 145 seizures conducted, the IRS “generally adhered” to requirements, said TIGTA. However, “some instances in which the IRS did not comply” were identified. To strengthen internal procedures, TIGTA noted that management approval must be secured prior to a property seizure. Also, the revenue officer must attempt to advise a taxpayer that seizure is the next planned action. Here’s the audit: https://bit.ly/3ANnjTY