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IRS Tax Levy - IRS Bank and/or Wage LevyThe IRS is the most brutal collection agency on the planet. If you desire to deal with them on your own (without proper expert representation) it is akin to “going to court without a lawyer”. You will get “creamed”!! An IRS levy is the actual seizure action taken by the IRS to collect taxes. For example, the IRS can issue a bank levy to take your cash in savings and checking accounts. The IRS can levy your wages or accounts receivable and all other sources of income. The person, company, or institution that is served the levy must comply. If they do not comply, they too may have daunting IRS (legal) problems. The additional paperwork this person, company or institution is faced with to comply with the levy, usually causes the taxpayer's relationship to suffer with the person being levied. Levies should be avoided at all costs: Bank Levies Wage Levy/Garnishment For more information, check out our IRS Bank Levy Frequently Asked Questions and IRS Guidelines. To get tax relief today, contact us |