IRS Levy on Checking, Saving Account – How to get Levy Release, Former IRS Get Immediate Releases, Free Consult

 
The Internal Revenue Service issues close to 2.8 million IRS levies on checking accounts, savings accounts and on wages of taxpayers.
If you did not respond to the IRS final notice the Internal Revenue Service is obligated to send you a nasty gram by seizing or garnishing your checking, savings or your payroll check.
The process of getting your levy release is very simple.
The Internal Revenue Service does not want to levy your paycheck, your checking account, or your savings account. They are simply complying with their internal revenue manual in following up on their last notice which indicated that they would send enforcement action your way if you did not comply with the notice or letter.
The IRS levy is the common enforcement tool and it works.
So get started getting you money back
Simply call the telephone number on your letter and be prepared to give IRS a current financial statement.
That will be in form 433-F.  You can find on our website.
Be prepared to send IRS all the documentation to support the financial statement including banks statements, copies of pay stubs and copies of all expenses.
The Internal Revenue Service will interpret your expenses against the national standard expenses and come up with one of three methods to go ahead and release your levy.
IRS will either place you into an economic tax hardship called currently uncollectible, enter you into a monthly or installment plan, or let you know you’re a suitable candidate for an offer in compromise.
Call us today for free initial consultation and learn more and get fast and affordable tax relief on IRS levies on checking, savings and wage garnishment
What is a IRS Levy
A levy is a legal seizure of your property to satisfy a tax debt.
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.
IRS can seize and sell property that you hold such as your car, boat, or house, or
they 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.
IRS levies only after these three requirements are met:
1. IRS assessed the tax and sent you a Notice and Demand for Payment;
2. You neglected or refused to pay the tax; and
3. 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.
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.
Please note: if we levy your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.
A levy release
A levy release does not mean you are exempt from paying the balance.
The IRS will work with you to establish payment plans or take other steps to help you pay off the balance. To help ensure quick action, please have the fax number available for the bank or employer office that is processing the levy.
 
Employers
Employers generally have at least one full pay period after receiving a Form 668-W, Notice of Levy on Wages, Salary and Other Income before they are required to send any funds from their employee’s wages.
Employers should encourage your employees that have a levy placed on their wages to contact the IRS as soon as possible to discuss a release of levy and resolution of their tax liability.
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:
1. You paid all you owed before we sent the levy notice,
2. We assessed the tax and sent the levy notice when you were in bankruptcy, and subject to the automatic stay during bankruptcy,
3.IRS made a procedural error in an assessment,
4. The time to collect the tax (called the statute of limitations) expired before we sent the levy notice,
5. You did not have an opportunity to dispute the assessed liability,
6. You wish to discuss the collection options, or
7. You wish to make a spousal defense.
 
Levy – Checking, Saving Account – How to get IRS Levy Release – Miami, Ft.Lauderdale, Tampa Jacksonville – Florida