The IRS has incredible powers; they can seize your car, they can seize your home. As I like to tell clients, it’s really not just the IRS it’s actually congress has passed legislation that gives the IRS this power.
Now, that’s not to say that they exercise that power in every case or early on. As a matter of fact, when we handle cases when people owe money to the IRS there are all kinds of procedures and programs that are available that permit us to represent you to try to minimize the amount that you may have to pay on what you owe and the time during which you have to pay it; but the answer is yes.
And, as a matter of fact, a lot of people in Florida think that the Florida homestead protects their homes from the IRS but that’s not the case. The IRS can and does, on occasion, take people’s homes.See all videos