Has the IRS Levied Your Bank Account
We have experience in negotiating the release of IRS bank levies. The IRS is the “The Toughest Collection Agency on the Planet!”
It has ultimate collection power. The IRS doesn’t have to take a taxpayer to court to collect a debt like other creditors. Nope . . . The IRS just sends a series of Notices to the taxpayer by mail advising of the tax debt and notifying the taxpayer that it intends to levy the taxpayer’s accounts.
If the taxpayer doesn’t pay, a levy is issued. The IRS notifies the bank (or other account holder) of the levy. It instructs the bank to “hold” the taxpayer’s money and pays it to the IRS; if the bank fails or refuses it can be punished. This is the IRS’s biggest and best weapon for collecting taxes. By levying a taxpayer’s account the IRS can “strangle” a taxpayer by “choking off” its cash flow.
Please fill out our confidential contact form, which will entitle you to request that someone from BlackFin Houston contact you to schedule a free initial consultation.
