What Can I Do to Stop an IRS Levy?
QUESTION:
The IRS has placed a levy on my wages. What can I do to stop it?
ANSWER:
Getting the IRS to release a levy is not an easy task. If you act quickly enough there are several ways we can help you prevent a tax levy. The type of action you must take depends on whether the levy is against your wages or a bank account. Although your employer or bank has to withhold funds from you immediately after receiving Notice of Levy, they are instructed to hold the money for 21 days (up to 45 days if you file an appeal). If your wages are levied, you must request a CAP (Collection Appeals Program) hearing within ten days of the levy. This will be decided within five business days. You may also file a Collection Due Process appeal within thirty days of the levy. Even if the levy originates from the Automated Collection System in Philadelphia, we can usually get it released. Generally, an Installment Agreement can be negotiated which results in the levy being lifted. If you miss the thirty-day deadline for an appeal, you can still request an equivalent hearing, but this will take longer. Again there are several avenues we can explore to help you. I will be happy to talk with you about your situation and tell you how I can help. Your initial consultation is free and you will be under no obligation. The sooner you take action, the sooner you can rest easy and cease worrying about those taxes and levies! Please call today for a free consultation. For all of my readers, if you have any legal problems, such as unpaid taxes, real estate, probate, domestic and personal injury matters, I can help. If you need help with any legal matter, please call today for your free consultation.
Did you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to my feed and get articles like this delivered automatically to your feed reader.
Comments
No comments yet.
Leave a comment