Being comprised of tax attorneys, CPAs, and former IRS agents we know how to get immediate relief from IRS bank or wage garnishment levy.
As former IRS agents, specifically revenue officers, we have filed thousands of IRS levies when employed by the Internal Revenue Service and there’s a very specific process to get an IRS bank or wage levy released.
We know the system.
How to Stop the IRS Levy
If the Internal Revenue Service has already sent to your bank or to your employer a notice of levy you will have to contact the issuing agent ASAP.
As a general rule, this levy was served because the taxpayer failed to contact the IRS and IRS is just wanting closing their case off the IRS computer enforcement system called the CADE2.
The IRS agent to close your case will need an exit strategy to take your case off computer system.
Two things are needed before that can be done.
1. IRS will need a current financial statement on form 433-F. That form will need to be accurate, completely documented, and I recommend faxed to the agent working your case.
We can usually get your levy released within 24 hours of receiving your accurate and documented financial statement.
2. The Internal Revenue Service will also want to make sure all your tax returns are current and up-to-date. We can prepare all back returns for you if necessary with little or no records.
When the IRS has your current financial statement in hand, upon there review they will make one of three determinations to close your case and then go ahead and release the bank or wage levy.
1. IRS based on your current financial statement will either place you into a currently non-collectible or hardship file,
2. IRS will make a determination to have you enter into an installment of monthly payment, or
3. IRS may recommend you file an offer in compromise because you will appear to be a suitable candidate.
Once the IRS has determined a closing method that fit there criteria strategy they will release your wager bank levy.
It’s a good idea to have the fax number of the person who has the ability to release the funds belonging to you.
Be prepared to give that to the agent over the phone, they can instantly release or Stop the Levy. If you wait for IRS to mail it can take days.
Need immediate help contact us today to speak directly to a tax professional.
IRS Levy Help, Stop Bank or Wage Levy Right Now – Jacksonville – Affordable – Back Tax Debt Help, Tax Attorneys, Former IRS
