Tag: IRS Levy Help

Understanding How to Stop an IRS Tax Levy

Most people end up in a state of panic when facing an IRS tax levy, as the possible repercussions are not limited to their bank accounts or wages. When a taxpayer receives a tax levy notice from the IRS, it is possible that the IRS may even freeze their assets. The IRS is legally authorised to hold on to your assets and your bank funds if you neglect or fail to pay your taxes. Thankfully, there is still hope. So, if you have been wondering, ‘how to stop an IRS tax levy’, this blog post is for you. Read on.

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Understanding How to Stop an IRS Tax Levy

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

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