Having the IRS levy your bank account has to be one of the most gut wrenching things they can do. This is their way of getting your attention and ensuring that you begin to resolve your tax debt, or they will do it for you.

Levies don’t only apply to bank accounts, they can also levy other income such as your Social Security and assets that include your autos, stocks and bonds and so much more.

An IRS tax levy is a legal action taken by the government to seize your property in order to satisfy your outstanding tax debt. This can include your wages, bank accounts, investments, and even your home or car.

At our firm, we understand that dealing with an IRS tax levy can be overwhelming and stressful. That’s why we offer a range of services to help you resolve your levy and move forward with confidence.

One of the ways we can help is by negotiating a payment plan with the IRS on your behalf. This will allow you to pay off your tax debt in manageable installments, rather than having to come up with a large lump sum. We will work with you to determine a payment plan that fits your budget and financial situation.

Another option is to apply for an offer in compromise. This is a legal agreement between you and the IRS that allows you to settle your tax debt for less than the full amount owed. To qualify, you must be able to demonstrate that you are unable to pay your full tax debt and that paying a reduced amount would be fair and reasonable. Our team can help you complete the necessary forms and negotiate a favorable offer in compromise on your behalf.

In some cases, it may be possible to challenge the accuracy of the IRS tax levy. If you believe the amount of tax you owe is incorrect or that the levy is being applied unfairly, our team can help you dispute it. We will work with you to gather evidence and make a strong case to the IRS in order to have the levy removed or modified.

If you are dealing with an IRS tax levy, don’t hesitate to contact our tax resolution firm. Our team is here to provide you with the personalized support and guidance you need to resolve your levy and become IRS debt-free.

We are here to help you get in line with the IRS and stop any levy action against you so that you can feel at ease with having your assets safe from the hands of the IRS.