Can the IRS Foreclose on an Inheritance that is Jointly Owned?

What happens when someone inherits money from their parents, but they also owe the IRS? Can the IRS collect on the inherited assets? What if the taxpayer only inherited a fractional interest in the property? Can the IRS foreclose on the property to pay the back taxes? The court considered this in United States v.… Continue reading Can the IRS Foreclose on an Inheritance that is Jointly Owned?

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