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An IRS bank levy happens when the IRS places a hold, or freezes your bank account. The levy is done in order to seize funds in your bank account to pay off back taxes that you may owe. When the freeze is put into place, you have 21 days until the bank turns over those funds to the IRS.
If you ignore your tax levy, the IRS or the State tax collections agency could freeze all your bank accounts and investments. Even joint accounts and business accounts can be systematically frozen.
Then the tax collectors will begin withdrawing funds. If your accounts don't have enough money in them to cover that tax issue, your creditors could start to draw funds from direct deposits until your taxes are paid.
The IRS can also move to garnish your wages, restrict your air travel, and seize your property, including your vehicles, home, and also your business.
Getting professional assistance as soon as you get a notice of a bank levy can avoid these problems and help you get rid of your tax troubles faster. We can provide you with specialist support based on years of experience working with complex bank levy issues.
With an experienced tax professional on your side, you may be able to substantially lower your tax issue burden and resolve your tax issues for less than you thought possible.
Because of advancements in our technology, we are able to communicate with the IRS electronically, its as if we are in the same office! Faster service and more cost effective!
If you are not happy with our tax services within the initial 21 days, we will give you a 100% refund of services rendered, no questions asked!
You find it, we will match it! Tax Alliance will match and beat (by 10%) any competitive offer. Contact our office today and receive a free no obligation tax consultation.
Because of advancements in our technology, we are able to communicate with the IRS electronically, its as if we are in the same office! Faster service and more cost effective!
If you are not happy with our tax services within the initial 21 days, we will give you a 100% refund of services rendered, no questions asked! We help our clients nationwide!
You find it, we will match it! Tax Alliance will match and beat (by 10%) any competitive offer. Contact our office today and receive a free no obligation tax consultation.
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