Submitted by Anonymous (not verified) on Thu, 06/29/2023 - 20:49
Forbes has an excellent titled"Yes, The IRS Can Sue To Collect On A Debt"The article discusses the IRS assessment statute of limitations (three years from the time a tax return is filed to make the assessment) and the IRS collection statute of limitations of 10 years. During the 10 years, the IRS has the power to garnish wages, impose a levy on bank accounts and file a lien against real property (e.g.