We are affordable professional tax firm that can stop an IRS tax levy immediately& work out a debt settlement negotiation.
Call us for a free initial tax consultation and learn how to get an IRS bank levy released right now and negotiate your case all at the same time.
We are composed of CPAs and former IRS agents who have over 65 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
There is a very specific system and process used to get an IRS tax levy released, whether it be a bank levy or wage garnishment levy. Being former IRS agents we know the process
Not only were we former IRS agents and teaching instructors we also taught new IRS agents or jobs.
We understand all the systems, processes, formulas, and all the protocols to get an immediate relief of a IRS tax levy.
Knowing the system makes this a streamlined process and is able to get faster and quicker tax relief.
We can stop your IRS tax levy right now and settle/negotiate your case at the same time.
Within 24 hours of receiving your current documented financial statement we can get an IRS bank levy or wage garnishment levy released and settle your case all at the same time.
The IRS Levy Relief Process
You should know that IRS finds no joy in issuing bank and wage garnishment levies.
It simply does so because taxpayers did not respond to final IRS notices.
Per the IRM, IRS must follow-up with enforcement action. IRS collects billions of dollars a year through the enforcement tool of an IRS bank and wage garnishment levy.
The process to get your levy release is simple, IRS will need to review your current documented financial statement come to a conclusion on your case and then close it off their enforcement system. Please keep in mind, all tax returns must be filed.
IRS will close and settle and negotiate your case generally one of three ways.
After a review of your current financial statement (433f ) IRS will place you either into :
1.currently not collectible status,
2. ask you for a monthly payment agreement or.
3. you could submit an offer in compromise if you are a qualified and suitable candidate.
We will review with you your options to find out which is the best fit based on your current financial condition. Remember, your documented financial statement holds the key.
Call us today for a free initial tax consultation.
What is a IRS Tax Levy?
A levy is a legal seizure of your property to satisfy a tax debt. Tax Levies are different from Tax liens.
A lien is a legal claim against property to secure payment of the tax debt, while a levy actually takes the property to satisfy the tax debt.
Where does Internal Revenue Service (IRS) authority to levy originate?
The Internal Revenue Code (IRC) authorizes levies to collect delinquent tax. See IRC 6331. Any property or right to property that belongs to the taxpayer or on which there is a Federal tax lien can be levied, unless the IRC exempts the property from levy.
IRS generates 1.8 million tax levies a year. This is one of the largest sources of IRS collection tools.
What actions must the Internal Revenue Service take before a IRS tax levy can be issued?
The IRS will/can usually levy only after these three requirements are met:
1• The IRS assessed the tax and sent you a Notice and Demand for Payment (a tax bill);
2• You neglected or refused to pay the tax; and
3• The IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
The IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.
When will the IRS issue IRS tax levies/ garnishment?
If you do not pay your taxes (or make arrangements to settle your debt), and the IRS determines that a levy is the next appropriate action, the IRS may levy any property or right to property you own or have an interest in.
For instance, the IRS could levy property that is yours, but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions).
Stop your IRS tax levy within 48 hours and settle your case at the same time.
Call us today for free initial tax consultation. since 1982 we have been immediately stopping IRS tax levies and settling tax debt through the IRS debt settlement negotiation process.
Stop a Tax Levy NOW + IRS Debt Settlement Negotiation NOW, Since 1982