Tax Collection Activities
The Act also provided that certain assessments and levies must have the approval of IRS legal counsel.
The Act also provided that the IRS cannot seize a personal residence to satisfy a liability of $5,000 or less.
The Act provides for changes in the due process rights afforded to taxpayers after the filing of a notice of Federal tax lien.
The IRS was also required by the Act to follow certain guidelines in the Fair Debt Collection Practices Act.
The Act also changes certain procedures relating to taxpayers' offers in compromise of tax liabilities and installment agreement between taxpayers and the IRS with respect to payment of taxes.
Read more about this topic: Internal Revenue Service Restructuring And Reform Act Of 1998
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