Is the IRS Coming for Your Assets?

The Victory Tax Brief | Issue #2

Author

Parham Khorsandi
June 02, 2025

You might think your tax debt will just “age out.” But what if, just before time runs out, the IRS seizes your bank account or slaps a lien on your home?

The IRS only has 10 years to collect on back taxes, but that’s exactly why they get more aggressive as the deadline nears. If you’re within a few years of that expiration date, you could be a prime target for last-minute enforcement.

Don’t wait until the IRS makes a move. Our experienced attorneys at Victory Tax Lawyers act fast to protect your income and property before enforcement begins. Call (800) 883-8301 now for a free, confidential consultation.

The IRS Collection Clock is a Countdown to Trouble

Many taxpayers falsely believe the IRS will let the debt expire. In reality, the final years before the Collection Statute Expiration Date (CSED) are when the IRS turns up the heat:

  • Federal tax liens have been placed on your home or property.

  • Wage garnishments that cut deep into your paycheck.

  • Bank account seizures with little or no warning.

They don’t send a courtesy reminder. They send legal action.

How You Might Be Giving the IRS Extra Time

Unknowingly, you might be helping the IRS extend the clock. Certain actions pause the 10-year limit—sometimes for months or even years:

  • Filing for bankruptcy

  • Submitting an Offer in Compromise

  • Requesting an appeal

Unless these moves are part of a strategic plan, they can backfire and leave you exposed longer than necessary.

What You Can Do Right Now

If you’re nearing the end of your IRS collection window, now is the most dangerous time to stay passive.

Victory Tax Lawyers can help you:

  • Confirm your CSED and identify how much time the IRS has left.

  • Avoid extending the statute accidentally.

  • Take proactive steps to protect your property before enforcement begins.

  • Resolve your tax debt strategically, with your financial security in mind.

The IRS won't wait for the clock to run out—and neither should you. Book your free, confidential consultation now or call (800) 883-8301 to speak with a tax attorney immediately.