jeopardy assessment

noun

: a special immediate assessment of an alleged tax deficiency levied under federal law when the IRS believes that delay may jeopardize collection of the claim

Dictionary Entries Near jeopardy assessment

Cite this Entry

“Jeopardy assessment.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/jeopardy%20assessment. Accessed 25 Dec. 2024.

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