Prevent Levy & Seizure
At Community Tax Relief, we never advise a taxpayer to take on the IRS themselves, especially if it involves an IRS levy or lien. Receiving notice of a State or IRS levy can be a very frightening experience. Just the thought of the IRS seizing all of the money in your bank account(s) or taking your state income tax refund or any payments you may normally receive from the federal government can be unbearable. When an IRS levy, such as a bank levy, is issued, the bank is legally obligated to freeze your accounts immediately. The bank must then hold those funds for 21 days, giving you time to resolve the debt. If you have not resolved the debt in that 21 day window, the bank must send those funds to the IRS.
To think the IRS can actually seize and sell your personal property can be financially and emotionally devastating. Although it’s rare, it does happen. The IRS can take and sell any property, such as a boat, car or even your house if in default.
Community Tax Relief can begin work on your case by requesting a Stay of Collections for up to 90 days. If granted, we will use this time to investigate your situation and prepare and negotiate short term debt relief and long term debt resolution.
If you receive an IRS levy or lien notice, please contact us immediately. When you look to Community Tax Relief for help, you can be comforted by knowing that our tax resolution team has years of experience in the release of IRS levies. You can now face the state and IRS with confidence when you have the Community Tax Relief Team on your side.