Levies do serious damage to a taxpayer. A levy is the IRS’s way of raiding your money and property. That includes bank accounts, autos, stocks, bonds, boats, pension checks, paychecks, and even Social Security checks!
Nothing is scarier than waking up one morning and finding your bank accounts have been cleaned out when IRS levies your account. If this amount did not cover what is owed, IRS will keep filing levies until it has collected every dollar you owe. Bank levy will cause checks to bounce, alerting many people that you have tax problems.
If your bank account or accounts have been levied, you need to act NOW. Assuming your account has been levied and your funds are frozen, how can you pay employees and suppliers? How can you start the next project when employees were not showing up to work and your suppliers knocking on your door for bounced checks?
Having been helping people with these types of issues, we understand that not having access to your money makes it impossible to live day-to-day let alone sleep at night.
We are here to help to get your bank account released as fast as 12 hours in many cases.
Wage Garnishment Release
Wage garnishment or levy is as bad as a bank levy. That is when most of your paycheck goes to the IRS or State, they do not leave you enough to pay the bills, and most of your check goes to the IRS each week until the debt is paid. They’ll pull out all the stops to accomplish what they want. They can seize and sell your assets.
We are often able to get those levies released and help you get out of this terrible situation. Our goal is to get you even with the IRS, with what you can afford, and let you get a fresh start. Remember, the earlier we address the problem the more successful we are likely to be. Ignoring a tax problem is a guaranteed path to a bigger problem.
Seizures
Unlike a levy, which involves liquid assets such as your bank account, a seizure is the taking of physical assets, such as your home or car. Seizures happen in aggravated cases when someone ignores repeated requests by the IRS over a long period.
Do not take seizure threats lightly. If you fail to address your tax issues IRS will ultimately pursue seizure of your physical assets. Do not think they will not. Many newspaper or television shows have reported on citizens forced out of their homes after the home is sold at an IRS auction, often for far less than its true value.
When the IRS seizes your assets, they want to liquidate them quickly to get the cash to reduce your debt with them. They sell seized assets at auction, which means they often get less than half of what the asset is worth. You can be sure you are losing much of your equity in the asset.
