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taxlevies
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The answer TAXLEVIES has 1 possible clue(s) in existing crosswords.
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The word TAXLEVIES is NOT valid in any word game. (Sorry, you cannot play TAXLEVIES in Scrabble, Words With Friends etc)
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Definitions of taxlevies in various dictionaries:
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Possible Crossword Clues |
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Legal seizures by the IRS |
Last Seen in these Crosswords & Puzzles |
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Jan 8 2017 USA Today |
Taxlevies might refer to |
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A Tax levy, under United States Federal law, is an administrative action by the Internal Revenue Service (IRS) under statutory authority, generally without going to court, to seize property to satisfy a tax liability. The levy "includes the power of distraint and seizure by any means". The general rule is that no court permission is required for the IRS to execute a tax levy. While the government relies mainly on voluntary payment of tax, it retains the power of levy to collect involuntarily from those who persistently refuse to pay. The IRS can levy upon wages, bank accounts, social security payments, accounts receivables, insurance proceeds, real property, and, in some cases, a personal residence. Under Internal Revenue Code section 6331, the Internal Revenue Service can "levy upon all property and rights to property" of a taxpayer who owes Federal tax. The IRS can levy upon assets that are in the possession of the taxpayer, called a seizure, or it can levy upon assets in the possession of a third party, a bank, a brokerage house, etc. All future statutory references will be to the Internal Revenue Code unless noted otherwise. |