The IRS relies on several collection activities to recoup tax debts that taxpayers owe to it. Among these activities, an IRS bank levy can be the most damaging for people who fail to pay back taxes they owe. A bank levy happens when the IRS goes ahead and seizes your bank account funds to cover your tax debt. Typically, the IRS will contact your bank about your tax debt, after which your bank will freeze your account for 21 days from the time of the notice.
If you don’t take any action to resolve your tax debt during that period, the bank will send all the funds you owe to the IRS. An IRS bank levy in California is considered a last line of defense for the IRS. You’ll only be notified of this pretty harsh collection method if the IRS has been trying to contact you numerous times without getting any response. If you have received a bank levy notice, don’t worry. Delia Law tax attorneys are here to help you.
We Help You Find the Best Tax Solution
At Delia Law, we understand that IRS tax problems can significantly affect your day-to-day life, business, and most importantly, your financial stability. If you’ve received a bank levy notice, we’ll thoroughly evaluate your overall financial situation and come up with a concrete plan to help you find the best tax solution for you.
We do our best to have your IRS bank levy in California released with a number of effective tax resolution methods to avoid the seizure of your bank account. Different options are available:
- Making an Offer in Compromise
- Negotiating an affordable payment plan
- Appealing the bank levy
- Requesting an installment agreement
- Applying for a Fresh Start Program
- Making a case for extensive financial hardship
- Request for a partial payment agreement
Get a Free Consultation
If you feel that an IRS bank levy is likely to put you into financial crisis or you learn that the IRS has frozen your bank accounts, you should seek immediate legal help. If you believe that an IRS bank levy in California would cause significant financial hardship, the IRS may release the levy. Our dedicated and caring tax resolution attorneys will work with you to assess your financial situation and present your case to the IRS to get the bank levy released.
At Delia Law, we always encourage potential clients to resolve their tax debts as early as they can. Don’t let the IRS drain your bank accounts. Talk to our knowledgeable tax resolution attorneys to help you find the most reliable solution to end your tax debt problems. Call our San Diego office at (619) 639-3336 or our Los Angeles office at (310) 494-0100. Request a free consultation to discuss your IRS bank levy concerns in California today.