Seizures of Assets
A seizure is the taking of physical assets, such as your home or car. Seizures happen in aggravated cases when someone ignores repeated requests by the IRS over a long period.
Do not take seizure threats lightly. If you fail to address your tax issues, the IRS will ultimately pursue seizure of your physical assets. Do not think they will not. Many a newspaper or television show has reported on citizens forced out of their homes after the home is sold at an IRS auction, often for far less than its true value.
When the IRS seizes your assets, they want to liquidate them quickly to get the cash to reduce your debt with them. They sell seized assets at auction, which means they often get less than half of what the asset is worth. You can be sure you are losing much of your equity in the asset.
Why It Happens
The IRS only seizes assets when:
A significant tax debt is owed.
Multiple notices and demands for payment have been ignored.
No payment arrangements have been made.
In short, seizure is the IRS’s “last resort.”
How We Help
Immediate Action
We contact the IRS on your behalf to pause or prevent seizure actions.
Negotiate Solutions
We explore all available relief programs — including payment plans, hardship status, or Offers in Compromise — to resolve the debt.
Protect Your Property
Our priority is to keep you compliant with the IRS while protecting your home, car, and other valuable assets.
Why Acting Quickly Matters
Once the IRS moves to seize property, your options become limited. But if you act early, there are many ways to stop a seizure before it happens.
Ready to Get Started?
We’re proud to serve our local community in Colorado, but we also work with clients across the U.S. Whether you’re a freelancer in New York, a business owner in Texas, or an expat living abroad—we’re ready to help you navigate your tax situation.