Did IRS LEVY Your Bank Account? Stop IRS with former IRS Agents and Managers

Get your Bank Account Levy released and your case settled all at the same time.
As a former IRS agent  and teaching instructor I have found that many taxpayers are surprised that the IRS levied their bank account.
They knew about things like that but they never thought it might happen to them.
Not only are they surprised, they are shocked because there funds have been seized and frozen by the bank.
But you can get tax relief by calling us. 1-866-700-1040
 
IRS does not want to levy, really!
You may have a hard time believing this but the Internal Revenue Service does not want to send IRS bank levies on taxpayer accounts.
As a former IRS agent I have served thousands and thousands of bank account levies belonging to taxpayers and the reason I did this is very simple.Taxpayers never responded to the letters and calls that I had made to them to try to settle there case and they never contacted me back.
Sadly some taxpayers have moved and never notified the IRS and never received there final notices.
Per IRS, I had to follow up with a bank account levy. You have no choice in the matter. No response, you get a IRS bank account levy.
 
There is some  Good News however.
Bank account levies can be removed within three days if you hire a competent professional firm that knows what they are doing.
 
Required for a IRS Bank Account Release.
What is required of the taxpayer is to send the IRS a current financial statement which is on form 433F along with all documentation and all and substantiation and a proposed plan of action.
You can find that form on our website.
After IRS carefully reviews your current financial situation IRS will close your case and release the IRS levy on your bank account.It is best to call the IRS at the phone number on your letter and be ready to give fax them and give them the 433F information.
 
How does the IRS Settle these cases?
IRS when settling your case will either put you into;

• a non-collectible status due to your will current financial condition,
• insist that you make a monthly installment payment with them or
• consider you a candidate for offer in compromise.

 
Your current financial statement determines the outcome of your case and therefore you must be accurate, honest about your current financial situation.
 
As a general Rule
As a general rule when we work most cases with the IRS we can get bank account levies released within a 72 hour.
The only thing that slows us down is the taxpayer/ client.
Once we have the financial statement and documentation in our hand we usually can get a levy release on a bank account that very day.
 
Other information you should know about IRS Levies
The Internal Revenue Service only freezes the money in your bank account for a 21 day period of time.
That means you can continue to use your bank account except for the monies that were frozen on the day the bank received a levy.
You can continue to make deposits and operate that bank account as if no bank account levy occurred.
If you have any questions or concerns call us on this and we can shed more light on this issue for you.
 
What is a IRS Levy in the first place?
A levy is a legal seizure of your property to satisfy a tax debt.
Internal Revenue Service levies are different from IRS tax liens.
While 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 the IRS sent you a levy the IRS tax lien is not far away.
If you do not pay your taxes the IRS may seize and sell any type of real or personal property that you own or have an interest in.
IRS has the ability to seize and sell property that you hold such as your car, boat, or house, or IRS could levy/seize 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.
Basically the IRS can seize anything may want including your Ira,  401(k) or anything with equity unit.
 
IRS Bank Account Levies
If IRS levies 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.
The IRS three requirements before IRS Bank Account Levy:
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.
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.
Levies on Wages, not a good thing!  For employers – They are continuous and immediate.
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.
You 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.
Managerial Review of a Bank Account Levy
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 the following:
1. You paid all you owed before we sent the levy notice,
2. The IRS assessed the tax and sent the levy notice when you were in bankruptcy, and subject to the automatic stay during bankruptcy,
3. The IRS We 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. These are with the innocent spouse cases
Office of Appeals
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. 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.
 
Fresh Start Tax LLC a Florida firm.
We are comprised of tax attorneys, certified public accountants, former IRS agents managers and tax instructors.
You can contact us today and we can work out a tax settlement with the Internal Revenue Service and get your IRS levy on your bank account released.
We are A+ rated by the Better Business Bureau.
We are the affordable experts for all  and bank account, wages levies and tax settlements in the state of Florida.
 
Bank Account Levy – IRS Levy Help – Orlando, St. Pete, Tampa, Jacksonville – Former IRS