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Tuesday, 12/07/2021 10:26:57 AM

Tuesday, December 07, 2021 10:26:57 AM

Post# of 46166
Who gets what?
Federal tax liens get priority over state tax liens
Industrial Nanotech has 3 long-standing IRS tax liens
and 4 State of Florida tax liens

In addition, all of the assets of Industrial Nanotech have been pledged to Joseph Ab Investments and the motion for summary judgment is on January 4, 2022.  Joseph Ab is suing both INTK and Stuart Burchill personally for the $107,000 plus costs
IRS collection powers. Congress has given the IRS enormous legal powers to collect past due taxes. The IRS can seize just about anything that you own -- including your bank account, home, and wages. And the IRS doesn't need a court order or judgment before closing your business and grabbing your property. In most cases, the IRS only has to send you a form "demand letter" before it acts -- and, in special cases, it isn't compelled to give you any warning at all. The IRS can effectively close down your operation by seizing your assets -- business accounts, desks, inventory -- and padlocking your doors.
https://www.nolo.com/legal-encyclopedia/small-business-tax-debts-irs-32280.html
Industrial Nanotech Federal and State Tax Liens
$116,448 (plus penalites and interest) IRS and State of Florida
Notice of Federal Tax Lien $45,126.22
http://dos.sunbiz.org/pdf/16000179.pdf
Notice of Federal Tax Lien $33,080.34
Notice of Federal Tax Lien $31,534.81
http://dos.sunbiz.org/scripts/liendet.exe?
http://dos.sunbiz.org/scripts/liendet.exe?action=DETLIENBCOMPACT&web_dir=%20&web_key_number=16FLR0002389&web_key_seq=0001&web_return_number=16FLR0000179&web_return_seq=0001
action=DETLIENBCOMPACT&web_dir=%20&web_key_number=16FLR0001366&web_key_seq=0001&web_return_number=16FLR0000179&web_return_seq=0001
STATE OF FLORIDA, DEPARTMENT OF REVENUE Amount Due $ 6,057.59
http://dos.sunbiz.org/scripts/jlidet.exe?action=DETLIST&inquiry_number=J14000849041&inquiry_date=049135684706000000&return_number=J09000428085&return_date=047398176007600000
STATE OF FLORIDA, DEPARTMENT OF REVENUE Amount Due $ 330.00
http://dos.sunbiz.org/scripts/jlidet.exe?action=DETLIST&inquiry_number=J20000092177&inquiry_date=050881824169000000&return_number=J09000428085&return_date=047398176007600000
STATE OF FLORIDA, DEPARTMENT OF REVENUE Amount Due $372.50
http://dos.sunbiz.org/scripts/jlidet.exe?action=DETLIST&inquiry_number=J20000092185&inquiry_date=050881824170000000&return_number=J09000428085&return_date=047398176007600000
STATE OF FLORIDA, DEPARTMENT OF REVENUE Amount Due $248.91
http://dos.sunbiz.org/scripts/jlidet.exe?action=DETLIST&inquiry_number=J20000342986&inquiry_date=051105600021000000&return_number=J09000428085&return_date=047398176007600000