• September 12, 2018
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A failure to pay your tax debt can lead to an IRS levy, where the IRS may seize your assets to recover the outstanding taxes. A tax levy can be stressful, but you get ample time to address the issue. The IRS sends a number of notices and demands before actually seizing your assets. That’s when you need an the expertise of the IRS tax attorneys at the Law Offices of Nick Nemeth. Continuing on the subject, in this blog post, we present an overview the procedure to stop an IRS levy. Read on.

How a Levy is Issued

In case of unpaid taxes, the IRS issues a tax levy if it sends you a notice regarding a tax debt that you do not act upon it. You need to appeal or respond within 30 days of receiving the notice of the intent to levy. You will also need to make payment arrangements within due time to avoid a levy or other penalties. If you do not owe any taxes to the IRS, and the IRS still sends you a notice of intent to levy, we can help sort out the issue.

How to Stop an IRS Levy

The IRS may release the levy if you act in time. If you can prove that the levy will cause an immediate economic hardship, the IRS may release the levy. Other scenarios wherein the IRS may release a levy are:

  • You paid in full the taxes owed
  • Your ability to pay taxes will increase after releasing the levy
  • You enter into an Installment Agreement and the terms of the agreement don’t allow for the levy to continue
  • The value of the property is more than the amount owed

If none of the above-mentioned cases are applicable to you, and you still need help with the IRS levy, connect with our team of IRS tax attorneys.

Need Help With an IRS Tax Levy? Speak with Us!

We, at the Law Offices of Nick Nemeth, understand the extent of emotional and monetary distress an IRS levy can cause. Our team of tax attorneys leverages decades of cumulative experience to resolve tax levies and other IRS tax related issues. This article just scratches the surface when it comes to how the actual process of an IRS tax levy works. To get more information on how to stop an IRS levy, fill out a contact form or simply call (972) 426-2553.

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What Our Clients Have to Say

Susan WilsonSusan Wilson
03:27 25 Jan 23
I have been very pleased with the solid counsel and guidance that Nick Nemeth has provided me regarding my tax issue. I found him to be honest and straightforward which I appreciated. I was impressed with his relevant experience and knowledge . He has definitely brought me peace of mind during a difficult and stressful time.
Sarah HowardSarah Howard
03:44 14 Nov 22
I would like to thank Mr. Nick and his staff for the superb help that I received from them. My IRS problem was resolved quickly and efficiently. It took 2 visits to convince me that I was over my head. I thought that I could call the IRS, appeal my tax notices and settle on a payment plan on my own. After many phone calls to the IRS, waiting sometimes more than 4 hours with no resolution to speak of, it proved to be extremely difficult and stressful. Revisiting Mr. Nick was a huge wake up call. My account was reviewed, and a payment plan was established with the IRS within a week. I will be forever grateful to the staff who worked on my case and especially to Lorna who listened to me vent while going through this painful process.
00:33 07 Aug 22
I cannot say enough good things about Nick and his team. When I first met with Nick he was up front, honest, friendly and efficient. When I worked with one of his attorneys, Eric B, I was just as pleased. All of the staff there are nice and very helpful. I wish I hadn't waited so long to get help with my issue. Over 6yrs I tried getting through and getting anywhere with the IRS and hardly made any progress. I know this may not be the case for all, and even I thought it would take longer than it did, but 3mos and they had my situation straightened out. I still can't believe it. Thank you thank you THANK YOU for all that you did for me. This is a huge burden gone out of my life now thanks to you. If anyone needs help out there, I know you may not want to shell out more money to get their help but it may just save you in the long run.
Spoilly GirlSpoilly Girl
23:49 03 Aug 22
The Nemeth Law team is exceptional. They treat their clients like a family member who is in crisis. They want you to get the best possible outcome. I really appreciate everything that they did for me. Jake and Ashley had the greatest role in my case and it all turned out for the best for me. Thank you Nick and team for easing my fears and getting me through the long process. I'm truly grateful.
Eddie WaltEddie Walt
19:44 12 Jul 22
During a time in which competent, professional service at a fair price seems to have disappeared, Mr. Nemeth and his team are a refreshing breath of fresh air.From my first phone call to the final settlement of our case with a non-responsive IRS, they under-promised, over-delivered and were in constant courteous contact to make sure we knew exactly what was happening and where we stood.I hope to never need their services again, but, should I receive another friendly letter from the IRS...I know who to call!
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