However, there is still good news. However, there is some good news. The IRS typically does not resort to a tax levy as the first step. They usually initiate the collection process by sending notices and demands for payment, or by offering options for settling the tax debt through IRS tax relief programs. Only when these attempts are unsuccessful, a tax levy may be imposed as a last resort.
The IRS calculates the outstanding debt and sends the taxpayer a “Notice and Demand for Payment” outlining the amount owed. If this notice is not followed, the IRS may send two additional documents – the “Final Notice of Intent to Levy” and the “Notice of Your Right to a Hearing” – approximately 30 days before a levy is actually issued. It’s important to take action to stop a tax levy as soon as possible. Let’s know your concerns and we can assist you in resolving your levy issues promptly during times of distress.
If you’re experiencing the stress of a tax levy, don’t hesitate to contact us for immediate assistance. Schedule your FREE 30-minute consultation and let us help you to get the levy release issued.