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Irs Will Block Access to Bank Accounts of People in the u.s. with Unsolved Tax Debts
Summary by ADN 40
1 Articles
1 Articles
The Internal Revenue Service (IRS) details on its official website the consequences of receiving a “Final Notice of Embargo Intention and Your Right to a Hearing” when there are outstanding tax debts. This document indicates the agency’s intention to seize taxpayer’s assets (including bank accounts) to cover outstanding obligations. When the notice is issued, the IRS warns that the taxpayer’s funds and, in some cases, those of his or her family …
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