Practice Areas Tax Resolution
Asset or Property Seizure
As we stated before, the IRS is the most brutal collection agency that has the power to take any property you have, whether it’s your cars, furniture, jewelry and/or houses. Federal forfeiture laws allow the government to take personal property and assets away from you to pay back taxes or if suspected criminal activity is occurring. Moreover, the government can hold on to your property for as long as they deem necessary. Working with an attorney can sometimes be the only way to reclaim your property, and make sure you are represented fairly.
Reclaiming Your Seized Property
Once you receive a notice of property seizure, you will have 30 days to respond (it also depends on the state of your residence.) If you want to get your property back, you must indicate your wishes for the return of your property in your response, and whether you have been accused rightly or wrongly, you have a right to fight back. You are required to follow the right process and procedure, but the process is very complex, and aside from tax evasion, forgery, drug crimes and money laundering, there are over 100 federal codes that deal with forfeiture.
Some of the actions your attorney might take to challenge the forfeiture:
Challenge any asset or property seizure as soon as possible.
File the correct court documents that challenge the government’s case.
Find witnesses who can support your case.
Bring in experts who can prove that the funds used to buy the seized property were from a legitimate source.
The IRS can be very aggressive, and you will need someone to navigate the situation and provide sound advice.
Don’t handle property seizures alone . consult a tax lawyer who specializes in tax law and helping people get rid of their problems with the IRS