A levy is a legal seizure of your property to satisfy a tax debt. A lien is different than a levy as a lien as used as security for a debt, while a levy actually takes the property to satisfy

In the past few years due to the economic troubles, many distressed taxpayers have had some or all of debt cancelled or forgiven. This can be through a foreclosure on a home, accounts written off, credit card or other loans

When you receive an IRS notice, look in the top right hand corner to find the notice number. The notice should cover a specific issue about your account or return. Below are some common notice numbers and the reason for