Levies can really do a lot of damage and even ruin your life. A levy
is the IRS' way of
getting your immediate attention. What they are saying is, "we have tried to communicate with you, but you have ignored
us." Levies are used to seize your wages and whatever other assets you have. If you own it, they can take it. That
includes checking accounts, vehicles, stocks, bonds, boats, paychecks, and even Social Security checks!
Imagine waking up one morning and finding all your bank accounts have been cleaned out. They will take every
dime. If this amount does not cover what is owed, they'll continue searching for your money and other assets until you cover your tax liability.
They know that levying your bank account will cause checks to bounce, alerting many people that you have tax problems. They don't see that as their problem. In fact, they hope this will embarrass you enough that you will find a way to clear up your tax debts. Their sole objective is to collect the taxes owed. Period.
Another maneuver used frequently by the IRS is a wage levy, also known as a garnishment. They send a legal document to your employer, requiring him or her to forward most of your paycheck directly to the IRS every payday, until the debt is paid. You are allowed a small amount of your paycheck for living expenses, but this is usually insufficient to pay the bills you normally have for your standard of living.
If that doesn't accomplish what they want, they'll pull out all the stops. They'll seize your assets, and sell them at auction. That includes everything you own; home, cars, boats, jewelry, motorcycles, insurance polices, retirement funds, anything of value.
With our professional tax advice, you may be able to get those levies released and get out of this terrible situation. Our goal is
to get you back in good standing with the IRS, paying only what you can truly afford, and let you start life anew.
You need a professional in your corner, advocating for your rights and negotiating with the IRS on your behalf. We can help. Contact us immediately to take a step toward changing a bad situation in your life.
