As you can imagine the IRS has a plethora of resources at their disposal to find your assets. Here is a list of some of the ways IRS digs up and uncovers assets.
The IRS has a service wide policy and of electronic research tool called spiderweb. there are certain systems the IRS specifically uses to do all the research for all the divisions of the Internal Revenue Service.
Certain divisions within Internal Revenue Service can use a different Internet protocol system but as a general rule these are the main tools that IRS uses.
Like many businesses out there today the IRS uses a product on LEXIS-NEXIS and the search engine Accuriant.
The IRS also uses an e-based system called e-business corner to check out businesses and their assets.
The collection system can go on the IRS computer website to find levy sources, information about financing, who you paid interest to who cut you a 1099 all by checking electronic processing information by third parties to your business and Social Security numbers. Most levy sources and wage garnishments come from searching these computer systems.
The IRS has a direct link to the state of Delaware to check corporations, corporate officers and they have access to backend portal that allows them to see things that most people or businesses never have access to.The IRS has agreements with certain states to share information as well.T
The IRS has direct excess into the three credit bureaus which absolutely host and another plethora of information.
As a former IRS agent if I want to get specific information on the taxpayer I would summon or subpoena any loan applications. Why? When the consumer or taxpayer to get credit, money or a loan, usually taxpayers would spike up their financial statements to look good in front of the creditors. That was an interesting dilemma.
The Internal Revenue Service looks very closely at real property, real estate transactions, corporate officers, vehicles and aircraft.
They also have contacts and information that is found on homeland security, the US customs and border patrol and any other federal or state agency that they can garner information from.
it’s getting really hard to fully IRS and burying information. most of the taxpayers who play games do with through corporations, trusts and other shell companies or corporations however the IRS is getting wise to that. Just keep in mind that as the Internet age continues to grow, information keeps getting shared big brother will have access to everything.
As a last word one plac you can always find information about people are through ex-spouses , through divorces and disgruntled employees, especially secretaries.
Keep in mind, IRS is watching. Be safe