The expanding reach of the federal tax collector – The craft and drye decisions

Nothing in life is certain but death and taxes, and never more so than now. The reason is that two recent Supreme Court decisions expand the reach of the federal tax collector, and some assets which were previously safe are now in jeopardy. This article will discuss several situations in which the IRS now enjoys enhanced powers to proceed against the property of delinquent taxpayers. Specifically, in the paragraphs below…