Levies are the IRS’s way of getting your attention. They can really do a lot of damage and ruin everything you have worked for. A levy can take everything you have like checking accounts, stocks, Social Security and more. The IRS can, and will, take these assets without warning.
What Should I do if I Receive Notice of Intent to Levy?
A notice to levy authorizes the IRS to seize property or assets for collections of debt. If you receive this notice, contact an experienced CPA immediately. At Patriots Tax & Accounting we are committed to helping our clients in every situation – good or bad. We assist with levies by:
- Sorting through tax records,
- Helping you understand the terminology in the levy notices
- Corresponding with the IRS
- Creating repayment schedules and scenarios
- Filing forms to have the levy released
When you are struggling with tax payments it feels as if there is no way out; we can help. We dedicate our time to helping clients get back on their feet financially after dealing with tax issues. Contact us today for a free consultation* and start the next chapter of your financial future.
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