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Business & Economics

Here are five scary things the IRS can do if you owe tax debt

GOBankingRates
Summary
Nutrition label

63% Informative

Paycheck garnishment is a scary step the IRS may take when it decides to pursue a levy against your earnings until you’ve paid off your overdue taxes.

If you don’t pay off your tax debt promptly, the IRS might put a federal tax lien on your property so it has priority creditor rights.

The IRS can also claim or take your physical assets, such as your home, car and other assets.

VR Score

56

Informative language

54

Neutral language

21

Article tone

informal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links

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