Asset Seizure Protection

Is the IRS Going to Confiscate Your Home, Your Car, and Even Your Retirement Accounts?

Long-time tax liability might be met with the most extreme forms of compensation by the IRS. It is within their right to seize assets- like your home, your car, and valuables such as jewelry, and collectibles to pay off the debt. These items might not be even sold at fair market value; the government’s goal is to quickly take money from you by any means possible.

They might even collect by seizing your insurance policies and retirement accounts, leaving you with absolutely nothing.

If it does get to this point, you can request a collection due process hearing.

Getting experienced representation in your corner at this hearing can make all the difference.



There is a three-step process that the IRS follows before they seize any of your property

First, the IRS issues you a notice,
next, you must refuse to pay,
and finally, the IRS will issue a final notice.

Contact us immediately to take action and start a plan that will satisfy the IRS’s need to collect from you. With our help, your planned course of action for taking care of tax liability is going to be far preferable to the course of action the government will enforce upon you.

Let Us Help:

Using KPIs For Your Baltimore Business

Being able to reasonably forecast upcoming problems has become an essential skill for Baltimore business owners -- but too many are flying blind, or doing "bank balance accounting." Can we help you fix this? Using KPIs For Your Baltimore Business "It is common sense...

Are Your Baltimore Business’s Receivables Slowing Down?

One of my favorite things about what we get to do around here is helping our Baltimore clients find "missing money" in their businesses. Whether it's through cost reductions, profit analysis, tax planning (LOTS of money can be saved there), or other means, what we are...

Use These Financial Reports For Business Decisions By P. Delatado, CPA

How do you make financial decisions for your Baltimore business? Do you set aside time to review your actual financial reports, or are you committing "bank balance bookkeeping"? You know what I mean: checking your business bank account daily as a measurement of your...

Struggling Baltimore Businesses: Careful With Price Reductions

If you're struggling in your Baltimore business, tempted to do some price reductions to drum up sales, and not getting the traction you need... I have a quick thought for you today. Struggling Baltimore Businesses: Careful With Price Reductions “Despite your best...

Developing Accountability In Your Baltimore Business

Before we get to talking about accountability in your Baltimore business... During the first Super Bowl that Tom Brady won (with the Patriots), these were some of the companies who advertised (hat tip to Jon Erlichman of Bloomberg): AOL Blockbuster Radio Shack Circuit...

P. Delatado, CPA’s Top 5 List of Potentially Fatal Business Mistakes

There is a difference between income and wealth. Tax returns aren't about wealth -- they're about "income", and how that is defined. Business owners and real estate investors have access to powerful tax advantages that wage earners do not ... and wage-earners probably...

Passing Down Your Baltimore Family Business

If we've learned anything from 2020, it's that our best-laid plans don't always turn out. As the great philosopher, Mike Tyson once said: Everyone has a plan until they get punched in the face. What is your plan for exiting your Baltimore family business? You need to...

A Few Winning Tips for Controlling Costs in Baltimore Businesses

So ... I'm not sure if you knew this. Apparently, running a business is expensive. And controlling costs can be daunting. But despite whatever you might see from those gurus who are posing by their Lamborghinis in the Facebook ads ... even the leanest Baltimore...

P. Delatado, CPA’s Thoughts on Reimbursement vs Company Cards

If you'll forgive me, I'm going to get pretty geeky today. You probably didn't realize that there are actual pros and cons to expense reimbursement for employees, etc., or using a company cc. Oh, my Baltimore readers, I'm going to take you down a little rabbit hole...

Financial Documentation Strategies for Baltimore Taxpayers

Ah, the wonders of financial documentation... Today’s topic has the benefit of ensuring your Baltimore "financial fortress" is as airtight as it can possibly be, which has its own advantages. Financial Documentation Strategies For Baltimore Taxpayers "You get older...

Ready to come in for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!