A levy is a way for the IRS to get your immediate attention. What they are saying is, we have tried to communicate with you but you have ignored us. Levies are used to seize your wages and whatever other assets you have. If you own it, they can take it. That includes checking accounts, vehicles, stocks, bonds, boats, paychecks, and even Social Security checks! Imagine waking up one morning and finding all your bank accounts have been cleaned out. If this amount did not cover what is owed, they’ll keep taking your money until you cover your tax liability. They know that levying your bank account will cause checks to bounce, alerting many people that you have tax problems. But they don’t care! Their sole objective is to collect the taxes owed. We are often able to get those levies released and help you get out of this terrible situation. Our goal is to get you even with the IRS with what you can afford, and let you start life anew. |