Fail to act on IRS letters and your bank balance could vanish, officials caution: Bank accounts at risk of immediate seizure
Contact from the Internal Revenue Service (IRS) about unpaid taxes should never be taken lightly. Every year, the agency investigates individuals who fail to settle outstanding balances, sending repeated notices in the process. The final step could be the cancellation—or more accurately, seizure—of bank accounts if there is no response or effort to negotiate. The … Read more