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Notice of Seizure

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Notice of Seizure
A letter or written notice from the IRS informing the recipient that authorization has been given to liquidate his or her assets in order to cover the income taxes due.

Notes:
This is not something you want to receive. Seizure is where the IRS comes in and takes your car, house, shirts, socks, and U2 posters.

See also: IRS, Liquidation

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