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IRS Tax Levy | IRS Tax Seizure | Flat Fee Tax Attorney | Florida

Updated: Oct 16, 2020


Don’t Let an IRS Tax Levy Seize Your Valuables.

What is an IRS Tax Levy?

When a taxpayer owes an IRS tax debt, the agency can use several measures to enforce collection of the debt. One of those is an IRS tax levy. A tax levy (#IRSgarnishment) allows the IRS to very easily and legally to take your property. IRS seizures will happen after the following three conditions are met:

You were sent a tax bill (collection letter) for the amount owed (Notice and Demand for Payment);

You have ignored the bill or refuse to pay it; and

You received a Notice of Intent to Levy (CP90)

A taxpayer may receive the Notice of Intent to Levy by certified or registered mail, or the IRS may deliver it in person. This Final Notice only has to be sent once and this collection letter can go to any address on file. In other words, you may never actually receive it. Ordinarily, the Final Notice must be sent at least 30 days before the IRS will actually seize your property. If you fail to make arrangements to settle your tax debt, the IRS has the legal right to take any of the following as part of the tax levy:

1. Wages - Paycheck

2. Bank Account(s)

3. Cars - Boats

4. Homes - Real Estate

5. Personal Property (jewelry - art work - collectibles)

6. Tax Refunds

7. Social Security - Veterans Checks How Do You Stop an IRS Levy?

The fast answer is to call the tax professionals at Flat fee Tax Relief. Our tax professionals (flat fee tax attorney) routinely have an IRS levy stopped and released in one day. Our teams have been providing the affordable service for more than a decade.

If you’ve received a Notice of Intent to Levy, the quickest way to stop the IRS from seizing your assets is to pay your tax balance in full. If you had the ability to pay your tax debt in full, you probably wouldn't be here right now. Thankfully, there are other options for stopping an IRS tax levy.

Request an Installment Agreement The IRS may agree to satisfy your tax debt through an installment agreement, which basically allows you to make monthly payments over time until the balance is paid. If approved, the IRS will release its tax levy on your property. This is an "easy out" for the IRS. Most taxpayers will agree to nearly anything the IRS dictates to them in order to get their paycheck or bank account released.

Submit an Offer in Compromise A tax settlement can be negotiated with the IRS to settle your current tax debt for a lower amount through an Offer in Compromise (#OfferinCompromise). Just keep in mind that you’ll be required to pay off the agreed-upon amount within a specified time frame. Once your debt is paid, the levy will be released.

Prove Financial Hardship (Currently not Collectible) Making a claim for financial hardship is another way to stop an IRS tax levy, but it isn't easily done. You’ll need to provide financial documentation, such as bank statements and pay stubs, to show that the levy would create a severe financial strain. If approved, the IRS could place you in a “currently not collectible” status, which immediately stops all collections against you. Our team of IRS experts recommends this tactic when you owe less than $10,000 (the minimum for filing an Offer in Compromise).

File an Appeal Once you receive the Notice of Intent to Levy, you have 30 days to file an appeal. Our team will use this option when we want to "buy some time" while we put together an Offer in Compromise which will stop an IRS tax levy altogether. An appeal is appropriate if you feel the IRS has made an error in determining the debt owed, or you’ve already paid the debt. You could also file an appeal if you wish to make a spousal defense (Innocent Spouse Relief), or you were in bankruptcy proceedings when the notice went out. During the appeal proceedings, the IRS levy is on hold.

If the IRS is threatening you with a tax levy or is actually levying you, don’t wait. Pick up your phone and call our team immediately. Take action today to protect your assets. For over a decade, Flat Fee Tax Relief, has routinely helped thousands find affordable solutions for their tax problems. We can help you, too!

The tax professionals at Flat Fee Tax Relief has been providing valuable IRS tax debt help and affordable tax service for a long time. Our teams are strategically located in Clearwater, Florida, and San Diego, California which allows our tax pros to be available to our clients and the IRS from 8 A.M. Eastern to 6 P.M. Pacific. When stopping an IRS tax levy this is a huge advantage.




Break free with a customized tax relief solution today and keep your hard-earned assets!

Break free with a customized tax relief solution today and keep your hard-earned assets!

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