Wanda Withheld is the president of Wexley's, Inc. She failed to pay over her social security and withholding taxes forthe last quarter of 2OXO. Wanda has acknowledged her personal liability and consented to an assessment of an amount equal to the trust fund portion ofthese taxes. Wanda has failed to respond to the series of notices from the IRS seeking payment of the balance due plus interest. She has also ignored the telephone calls and repeated attempts by the Revenue Officerto meet with her in person. The Revenue Officer has also sought a financial from Wanda, but to no avail. Assume that you are a new Revenue Officer and you seek to enforce collection against Wanda. 

What actions, if any, are you authorized to take to discover the value and location of any assets held by Wanda which are available for collection?

Answer rating: 100% (QA)

As a Revenue Officer you are authorized to take several actions to discover the value and location o... View the full answer