When is the IRS prohibited from taking collection action? Part I.

The list of when the IRS cannot take property is fairly extensive, so I will do this in parts to break it down simply. Here is Part I of when the IRS is prohibited from taking collection action:

When there is insufficient equity in the property.  There must be sufficient net proceeds from the sale to [...]

How many offers in compromise does the IRS really accept?

The IRS offer in compromise program has been promoted endlessly over the last several years. Turn on your television, open up the newspaper, or listen to the radio, and there it is.  
My clients usually are very interested in the compromise program, but the first thing I do is set them straight that this is [...]

What if I am audited by the IRS but my recordkeeping is poor or my records are lost?

Since I often help clients close out IRS audits when their records are lacking, I thought it was time to answer this question: 
I recieved a letter to meet an auditor from the IRS to audit my 2005 – 2007 taxes. My house was broken into several times, and I don’t have any of my paperwork [...]