Olbres v. Internal Revenue Service

ORDER

McAULIFFE, District Judge.

A Grand Jury indicted plaintiffs on federal tax evasion charges in April of this year. On July 25, 1993, the Internal Revenue Service (IRS) issued a jeopardy assessment against them in the amount of $1,857,600.96, representing past due income tax, penalties, and interest for tax years 1986 through 1988.

The following day four IRS agents went to the Olbres’ home to serve the jeopardy assessment. They seized a 1987 Range Rover automobile that was parked in the driveway, and later levied upon the Olbres’ bank accounts, albeit somewhat unproductively.

Plaintiffs began…