If you or your child has ever played the game “Sims”, then you know what happens when you fail to pay your bills on time. The Repo man comes and zaps your couch into nonexistence with a laser gun! It’s a traumatic moment for your Sims, but one that can be rectified with time and a few more Simoleons (Sim currency). IRS seizures, or liens, don’t work quite the same way of course, but the end result is similar: They will take what they are owed. How can you stop a tax seizure? First, let’s look at the pre-seizure process.

The IRS has a three-step process to ensure that you are adequately notified that they intend to seize your property and/or pay. This is intended to allow you to appeal or contest the tax levy. You’ll receive a “Notice of Demand for Payment,” a “Final Notice of Intent to Levy and Notice of Your Right to a Hearing,” and then if you don’t respond, the IRS can Read More