Unlike the levy which involves intangible assets such as your bank account, a seizure is the taking of physical assets, such as your home or car. Seizures usually happen in aggravated cases when someone ignores many requests by the IRS over a long period of time to pay their outstanding taxes. If you find yourself faced with an IRS seizure, it's time to elicit the help of a professional tax advisor in Cypress.
A Seizure should not be taken lightly. The IRS will ultimately pursue seizure of your physical assets. Don't think they won't. Many a newspaper or television show has reported citizens being forced out of their homes after it was sold at an IRS auction, often for as little as half its value.
When the IRS seizes your assets they want to quickly sell them at auction. They often get less than half your assets value, so they often seize everything you own including your home, cars, boats, jewelry, motorcycles, insurance polices, and even your retirement funds.
If you've received an IRS seizure notice, it's time to act now! Please contact Paramount Tax & Bookkeeping North Houston to get a Free Consultation with our tax specialist. Contact our bookkeeping firm in Cypress for a free IRS Seizure consultation.
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Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and bookkeeping firm, such as Paramount Tax & Bookkeeping North Houston, is that our firm utilizes the services of licensed professionals.
Paramount has worked hard to create relationships to deliver the value that our clients expect. In fact, our goal is to be the No. 1 firm in Cypress. So when you ask yourself, "Where can I find bookkeeping services near me?"... think no further than Paramount Tax & Bookkeeping North Houston!
Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and bookkeeping firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and bookkeeping firm utilizes licensed professionals, who can not only advise individuals on personal financial matters but who are qualified to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics. Our strict standards ensure that we understand the complicated tax laws and how to implement strategies that return the most benefits to individuals and businesses. Give Paramount Tax & Bookkeeping North Houston a call or visit our tax and bookkeeping firm in Cypress for a free consultation.
