IRS Levies

Levies can be highly disruptive and potentially devastating. It is the IRS’s method of demanding immediate attention after previous attempts at communication have been ignored. A levy authorizes the IRS to seize asset such as wage, a bank account, a vehicle, stock, bond, boat, or even a Social Security check.

Imagine discovering your bank account exhausted when you wake up. The IRS will continue to take every cent until your tax debt is fully paid, causing any issued check to bounce and publicly signaling your financial trouble. Their primary goal is to recover the tax owed—regardless of the impact.

A wage levy (or garnishment) is even more severe, where the IRS claims a substantial portion of your paycheck. This can continue each week, leaving you with barely enough to cover basic expense until the debt is settled.

In extreme cases, the IRS may seize and auction off any valuable asset you own; your house, car, boat, jewelry, motorcycle, insurance policy, retirement fund, and more.

Fortunately, I often succeed in getting these levies lifted, helping you resolve your tax issue within your means and start afresh.