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Monday, October 27th, 2014

Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required

Author:     SHAILA DEWAN
Source:     The New York Times
Publication Date:     OCT. 25, 2014
 Link: Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required
Stephan:   Here is yet another aspect of government confiscating property on grounds that don't even stand up to common sense. The IRS confiscations, and police confiscations are a major problem receiving almost no attention. We are becoming a very strange country that the Founders would hardly recognize
The I.R.S. seized almost $33,000 from Ms. Hinders. Credit: Angela Jimenez for The New York Times

The I.R.S. seized almost $33,000 from Ms. Hinders. Credit: Angela Jimenez for The New York Times

ARNOLDS PARK, IOWA — For almost 40 years, Carole Hinders has dished out Mexican specialties at her modest cash-only restaurant. For just as long, she deposited the earnings at a small bank branch a block away — until last year, when two tax agents knocked on her door and informed her that they had seized her checking account, almost $33,000.

The Internal Revenue Service agents did not accuse Ms. Hinders of money laundering or cheating on her taxes — in fact, she has not been charged with any crime. Instead, the money was seized solely because she had deposited less than $10,000 at a time, which they viewed as an attempt to avoid triggering a required government report.

“How can this happen?” Ms. Hinders […]

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