A tax levy is the legal seizure of property done by the IRS in full fill tax debt that is owed. A tax levy is something that shouldn’t be taken lightly, the IRS will continue to take assets until your tax liability is satisfied. It is important to understand how levies work to ensure you take the right actions to avoid them or to stop the IRS from property seizures.

An IRS tax levy is the actual seizure of assets in order to satisfy an unpaid tax liability. Understand the process of the IRS placing a levy and what you can expect after the levy has been placed.

If you have received this notice it is likely because you didn’t respond to previous attempts the IRS has made to contact you…usually on numerous occasions. You have 30 days to take action to prevent the levy from taking effect. Understand what your options are and how to prevent the tax levy.

If you have received a notice of intent to levy or you know a tax levy is looming, know your rights as a taxpayer and what needs to be done to stop the levy.

A levy will remain in effect until the IRS has levied enough assets to satisfy the tax liability or the taxpayer has come to some type of payment agreement with the IRS to stop their collections. There is more than one way to release a tax levy and the method you use should be determined based upon your financial and tax situation.

How to appeal the filing of a tax levy. There are many different circumstances in which a levy can be appealed. If you successfully go through the appeal and win, the levy will be stopped.

Learn how we can help you resolve your tax levy. We will match you with the best tax professional to help with the levy, they will act quickly to minimize the impact of the levy on your personal assets.

For More Information on an IRS Tax Levy visit the IRS.gov website directly.