Notice of Seizure

Notice of Seizure

In U.S. tax, a letter informing the recipient that the IRS has permission to seize the recipient's assets for nonpayment of taxes. If a taxpayer is grossly delinquent in payment of taxes, the IRS has the right and ability to seize and sell the taxpayer's assets to make up for what is owed. In order to do this, the IRS must send a Notice of Seizure, which gives the taxpayer the right to appeal the decision. If no appeal is made, or if it is found against the taxpayer, the IRS may seize any and all assets to pay back taxes and accrued interest.
References in periodicals archive ?
Moreover, the statement disclosed that the notice of seizure relates to a company project alleged to have violated environmental laws.
Sliwa a notice of seizure on July 31, 2012, in relation to the safe deposit box items.
After the case was handed to HMRC, he was served with a notice of seizure on September 4.
Levies: The CAP can be used before or after a levy is made, before or after a seizure and, as with liens, can be used by nominees and third parties holding taxpayer property (however, for a seizure, the appeal must be made within 10 business days after the Notice of Seizure is given to the taxpayer).
The letter CHD received was a notice of seizure by "the Six Nations women title-holders.
Both publications also published stories on the notice of seizure.
The landlord issued a notice of seizure of the company's chattel assets and all staff were made redundant.
A notice of seizure letter was served at Crufts on the individual offering the prints, both at the exhibition and on the ebay site, and an amicable agreement was reached between the parties.
133) Justice Thomas concluded that the majority improperly relied on the Fourteenth Amendment as the basis for the notice of seizure requirement in criminal cases, and suggested that the Fourth Amendment is better suited to govern this notice requirement.
was listed on Customs' Notice of Seizure as the importer of record of 47,378 cartons of counterfeit Marlboro[R] cigarettes, with a date of entry into the port of January 8, 2008.
The state closed the restaurant yesterday afternoon, posting a notice of seizure and changing the locks to prevent owners and employees from entering, said Robert Bliss, spokesman for the Department of Revenue.
Nice Pak Products was listed on Customs' Notice of Seizure as the importer of record of 26,900 cartons of counterfeit Marlboro[R] cigarettes.

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