Stop an IRS Property Levy - Don’t Let Tax Penalties and Interest Cause You To Lose Your Home
Wednesday, July 29th, 2009It is extremely dangerous to sit and “ignore” IRS problems because a large accumulation of IRS tax penalties can lead you to eventually lose your home. Recently, an individual whose IRS penalties (debt and interest) were so high, she could not find a suitable alternative to pay back the IRS other than to give up her primary residence.
CCH (http://tax.cchgroup.com) reports:
Levy on Individual’s Principal Residence Judicially Approved
A levy on an
