Express Tax Relief - Debt Reduction Negotiation - Tax Debt Assistance

Federal Tax Levy Government Tax Levies

Tax Levy: A levy is a legal seizure of your property to settle a tax debt. The IRS may seize and sell any type of real or personal property or investment that you own or have interest in, This will happen if you did not respond to a Final Notice of Intent to Levy and Notice of Your Right to a Hearing. These documents are served in person to your place of business, or to your last known address by certified mail.

Levies are different from liens. A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.

If you do not pay your taxes (or make arrangements to settle your debt), the IRS may seize and sell any type of real or personal property that you own or have an interest in.

What The Government Can Do

We usually levy only after these three requirements are met:

You may ask an IRS manager to review your case, or you may request a Collection Due Process hearing with the Office of Appeals by filing a request for a Collection Due Process hearing with the IRS office listed on your notice. You must file your request within 30 days of the date on your notice. Some of the issues you may discuss include:

At the conclusion of your hearing, the Office of Appeals will issue a determination. You will have 30 days after the determination date to bring a suit to contest the determination.

Refer to Publication 1660, Collection Appeal Rights, for more information. If your property is levied or seized, contact the employee who took the action. You also may ask the manager to review your case. If the matter is still unresolved, the manager can explain your rights to appeal to the Office of Appeals.

Levying your wages, federal payments, state refunds, or your bank account.

If we levy your wages, salary, or federal payments, the levy will end when:

If we levy your bank account, your bank must hold funds you have on deposit, up to the amount you owe, for 21 days. This holding period allows time to resolve any issues about account ownership. After 21 days, the bank must send the money plus interest, if it applies, to the IRS. To discuss your case, call the IRS employee whose name is shown on the Notice of Levy.

Filing a claim for reimbursement when we made a mistake in levying your bank account

If you paid bank charges because of a mistake we made when we levied your account, you may be entitled to a reimbursement. You will have 30 days to appeal the determination to the Tax Court. Use Form 8546, Claim for Reimbursement of Bank Charges Incurred Due to Erroneous Service Levy or Misplaced Payment Check.

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