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Agencies can seize various types of assets:
Financial Assets: Bank accounts, wages, retirement accounts, and investment funds can be levied.
Personal Property: Vehicles, boats, jewelry, collectibles, and business equipment may be seized.
Real Estate: Primary residences, vacation homes, and rental properties can be seized, though the IRS typically requires court approval for a primary residence and generally avoids this action if other collection methods are sufficient.
The Bundy family, led by Cliven Bundy, over grazing fees in Nevada (2014) and later involving his sons in the Malheur Refuge occupation (2016), though they are more famous for refusing federal jurisdiction over land than just tax issues. Another notable case involved Ed and Elaine Brown in New Hampshire, who had an armed standoff with federal agents over significant unpaid income taxes for their dental practice, leading to charges and eventual resolution.
#uspolitics #taxseason #vincevseveryone #podcast #podcastclips
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