Not paying your taxes (and then not attempting to reach an agreement with the IRS about said overdue taxes) puts you in danger of a levy being issued. This can affect everything you own – from your retirement accounts to receivables to the property you own.
Once a levy is in place, it can be hard not to despair, but we want to say it loud and clear: don’t panic. If you haven’t already, this is the moment to reach out for help. You CAN get a levy released, a few different ways: You can pay what you owe, you can enter into an Installment Agreement, or you can show that the levy is making you unable to afford the everyday cost of life.
The foreign language of the IRS is the language we speak. If you’re dealing with a troublesome levy, give us a call today.