Stop IRS Tax Levies Before They Impact Your Finances
If you owe the IRS and haven’t paid your tax debt or made payment arrangements, the IRS may issue a tax levy. Unlike a tax lien, which is a legal claim against your property, a tax levy allows the IRS to seize your wages, bank accounts, or other assets to collect the taxes you owe.
The good news is that you often have options to resolve your tax debt before a levy is enforced—or even after one has begun.
Before the IRS Can Issue a Levy
In most cases, the IRS must complete several steps before taking your property:
- Send you a notice explaining the amount you owe.
- Give you an opportunity to pay the balance or make payment arrangements.
- Send a Final Notice of Intent to Levy and inform you of your right to request a hearing. This notice is generally sent at least 30 days before the IRS can begin levy action.
Responding quickly during this period can help you avoid more serious collection actions.
Options to Stop or Release a Levy
Depending on your situation, you may be able to:
- Set up an IRS payment plan.
- Settle your tax debt through an Offer in Compromise if you qualify.
- Request Currently Not Collectible status if paying your tax debt would create severe financial hardship.
- Appeal the IRS’s collection action when appropriate.
Every case is different, and the right solution depends on your financial circumstances and IRS eligibility requirements.
How We Can Help
If you’ve received a levy notice—or your wages or bank account have already been levied—it’s important to act quickly.
Led by CPA Roland Zita, with support from experienced Enrolled Agents and tax resolution professionals, our team works directly with the IRS to:
- Review your tax situation.
- Explain your available options.
- Negotiate on your behalf.
- Help stop or resolve IRS collection actions whenever possible.
The sooner you take action, the more options you may have to protect your income and assets.
Schedule a free, confidential consultation to discuss your situation and learn how we can help you resolve your IRS tax debt and work toward stopping an IRS levy.