Legal Question in Tax Law in Florida

IRS seizure

If the IRS says I owe back taxes and I have not had the money to hire an Attny. Can I move my money into savings or in my daughters name(minor) with out the IRS seizing it? What about investments (money market, 401k, stocks)How can I hide my money until this is resolved?


Asked on 4/11/07, 10:26 pm

1 Answer from Attorneys
Steven Klitzner Steven N. Klitzner, P.A.

Re: IRS seizure

I need much more information to advise you what to do. Generally, the IRS can levy the investments you listed. If you have those assets, it may be a good idea to invest in a tax professional. You will be able to protect yourself from levies on your wages and bank accounts and may be able to save a substantial amount of money. Feel free to call me. I am in South Florida. Steve Klitzner 18002191118

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Answered on 4/12/07, 12:01 am


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