SEIZE meant the IRS will place your property under LIEN.
The total debt should exceed 50K
If not, call IRS and agree to set up an installment agreement where you will pay them a monthly payment
This will avoid having your assets being seized.
When the amount exeed 50K, you better be ready for the LIEN,
My advice to you, call IRS and chek the possibilities of offer compromise
If not, you start paying a monthly payment till you pay off what you owe,
As general law, even if you file bankruptcy, you can not cancel IRS debt.
If the IRS want to make decision to sell your property, it should be done after 10 years.
Read about sezing your property by IRS: