NYC Tax Advocates

My photo
Specializing in IRS and NYS Tax Representation. Workers Compensation Audits, Payroll, Sales and Income Tax representation for Businesses, Individuals, Restaurants and Construction Companies. Civil and Criminal Workers Comp Audit representation includes: NYSIF Examinations, Premium Disputes, Employee Misclassification, Underreporting, Unreported Income, and Failure to Keep Accurate Payroll Records.

Tuesday, August 16, 2016

IRS to Public: “Your House, Car and Personal Property are all Fair Game”

Fortunately, there are still limits. The following items are exempt from IRS seizure.

1.     Unemployment benefits
2.     Certain annuity and pension benefits,
3.     Certain service-connected disability payments,
4.     Workers Compensation,
5.     Certain public assistance payments,
6.     Minimum weekly exempt income,
7.     Assistance under the Job Training Partnership Act,
8.     Income for court-ordered child support payments.


Additionally, the IRS is not supposed to seize necessary schoolbooks (whatever they are), clothing, undelivered mail, certain amounts worth of fuel, provisions, furniture, personal effects for a household, and certain amounts worth of books and tools for trade, business, or professions.


For more information, or to schedule a confidential consultation, contact the good folks at Selig & Associates.

No comments:

Post a Comment

Selig & Associates is a boutique Tax Representation and Risk Management Firm specializing in unpaid tax obligations and commercial insurance coverage

  Tax Advocacy      Federal Tax Practitioner, CPCU and Attorney. Practicing before the Internal Revenue Service and New York State Departmen...