Jeopardy Assessment Definition
Jeopardy Assessment
DEFINITION
A Jeopardy Assessment is a special assessment from the IRS of a delinquent tax deficiency. It is leveled under Federal Law when the IRS believes that a claim will be delayed or jeopardized. The belief that the taxpayer will take an action further reducing the IRS ability to collect. Can seize property before a debtor can transfer assets.
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Terri J Lee S.
Arizona Member
I originally joined LegalShield because I wanted to get my will completed. However, I have kept my membership because of the value it provides. I feel good knowing that if I have a legal question or if I need help with a legal document, I can contact LegalShield. I would highly recommend this company, and in fact, I have referred some of my friends and family members
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