Releasing Tax Levy from the Internal Revenue Service – Fast, Easy, Affordable 1-866-700-1040
We can get your levy released and settle your case.
If you are looking to release a federal tax levy from the Internal Revenue Service call our office for a free initial consultation you will find the process fast, easy and very affordable by IRS tax experts who been practicing for 206 years in the industry.
We also were past employees of the Internal Revenue Service for over 60 years and are now in private practice.
We have released thousands of levy’s since 1982 and successfully settled many cases. We are a full service tax firm.
What is necessary to release a federal tax levy
Like everything else with the Internal Revenue Service there is both a system and a process to release an IRS tax Levy.
A current financial statement
IRS will require a current financial statement along with complete documentation. IRS will require that you send or fax this information to the ACS unit within the Internal Revenue Service.
Our recommendation is that you call the Internal Revenue Service and have documents ready to fax the agent on the other end of the phone.
IRS will require a completed 43 3F financial statement. ( this form is on our website )
IRS will want all documentation at supports that statement to be faxed directly to them. Included will be the last 3 to 6 months worth of bank statements, your current pay stub, and any monthly expenses that you incur or want to take credit for.
IRS will then apply your monthly expenses against the national/ geographic averages in your region.
IRS wants to make sure you’re living within the region or geographical budgets allowed by the Internal Revenue Service. If you are not sure about this you should call our office for further explanation because the last thing you want to do is to call the Internal Revenue Service and not be sure on the way your case is going to be worked or the rules that apply.
There are several trick questions IRS will ask you and that’s why many times it is best to hire a professional tax firm to resolve the releasing of your tax levy.
Tax Resolution
Once IRS has a current documented and accurate financial statement IRS has three categories that they can put your case into.
IRS can put you into a current economic tax hardship in which your case will stay with in the system for three years, it will incur penalties and interest but IRS will pretty much leave you alone.
IRS may ask that you enter into an installment or payment agreement because your income is higher than the national standards for your region.
IRS may accept the filing of an offer to compromise and decide to release it your tax levy.
Once you agree with the Internal Revenue Service on the closing method of your case the IRS will then either send or fax or mail the levy directly to the bank or to your employer. It is always best for you to have the fax number of the party that has the direct authority to both received a levy and give the funds back to you.
If IRS does not agree to release the levy there are other available tax options.
You can file a CAP request or ask for an independent reviewer to review your case.
If IRS is taking a hard-line stance make sure you are not bullied by them.
Contact us today and get fast quick and affordable results for releasing a tax levy from the Internal Revenue Service.
We are comprised of tax attorneys, CPAs and former IRS agents managers.
We are friendly, affordable, and trustworthy.
