Prevent or Reverse Your IRS Bank Levy Now
Get immediate help with a FREE consultation from an A+ rated tax firm!
If you’ve received a “Notice of Intent to Levy,” or if you’ve already had your bank levied, help is a phone call away. Our team of licensed Enrolled Agents and contracted Tax Lawyers here at Tax Network USA have multiple effective strategies to prevent, remove, and even reverse all types of bank levies from IRS and State Taxing Authorities.
Fill out the FORM below for a free consultation with one of our tax experts!
* I agree to be contacted by Tax Network USA via prerecorded and/or robo-dialed telemarketing calls and/or SMS/MMS text messages via telephone, mobile device and/or email. I waive any registration to any state, federal or corporate Do Not Call registry. I understand consent is not required to purchase services.
Get Immediate Help With:
Get Expert Help with IRS Back Taxes
In one phone call, you can get all your questions answered by a licensed tax professional:
Don’t make any major decisions until you get every tax question answered during your Free No Obligation Consultation.
FREQUENTLY ASKED QUESTIONS
An IRS bank account levy is when the IRS seizures funds directly from your bank account to cover unpaid taxes that you owe. If the IRS contacts your bank, they must freeze your banking assets for 21 days from the day they receive the notice.
The IRS normally sends you five letters (five for individuals and four for businesses) before actually seizing the balance in your bank account. It is recommended to consult with a licensed tax professional when you receive your first Letter of Intent To Levy.
Yes. You have the legal right to appeal a tax levy, but you must act quickly as the IRS can start seizing your assets within 30 days of sending the notice. In most cases, it is recommended to have a licensed tax professional on your side when presenting and filing appeals.
The IRS can levy a bank account more than once. When the IRS levy’s you, it is not a standing levy, which means you can deposit money the next day. An IRS bank levy attaches to funds once the bank processes the tax levy. If you make a deposit a few days later, the bank should not freeze it. The IRS would have to send another levy to the bank.
Levies are not able to occur after the IRS’s 10-year statute of limitations for collecting debts is up. Unfortunately, while in that 10 year period, there is no limit to the amount of times they are able to levy your account.