Once you owe the IRS money, they become very aggressive
in their collection attempts. One of the more common collection
methods the IRS uses is the
Bank Levy. It allows the IRS to present your bank with a piece of
paper that requires the bank to immediately withdraw all the money
you owe the IRS.
After the bank has cleaned out all checking and
savings accounts with your name on them, they send the money to
the IRS. You should take this as notice that the IRS will issue
another bank levy against you in the future to satisfy any remaining
amounts owed to them. It's kind of like hitting the lottery for
the IRS. Once they find out how to get your money, they will continue
taking your money by issuing more bank levies.
Many times these bank levies are wrong, but it's
up to you to correct the problem. Meanwhile, the checks you've written
are bouncing all over town.
The worst thing about the IRS bank levy is that
it may capture your children's, parent's, girlfriend's or spouse's
bank account, if your name happens to be on the account. Even if
it's just on there for convenience.
If you receive a Levy Notice contact us immediately.
You only have 21 days to stop this process. We can immediately intervene.
You keep your money, not the IRS. We then request time from the
IRS to prepare a solution you can live with.
Please Contact
Us to end the Worry and Stress of Your IRS Problems.
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