Designating Proceeds from Sale of Property Subject to IRS Lien

If a taxpayer wants to sell property subject to an IRS lien and the IRS agrees to allow the sale, can the taxpayer designate what tax period the proceeds paid to the IRS from the sale are to be applied? The IRS attorneys address this in CCA 201916009. Facts in CCA 201916009 In CCA 201916009,…

Mitchell Tax Law network

This summary appears here as part of our network of regional tax practice sites. The full article — with citations, examples, and complete analysis — lives on the local site that originally published it.

Read the full article →

Talk to an attorney about your tax matter.

Texas-based · Representation nationwide

Schedule a call
error: Content is protected!!