Federal Tax Lien and Levy

Liens and levies are aggressive tactics used by the IRS in order to satisfy a tax debt. A lien is a legal claim placed on a taxpayer’s property. A levy allows for the IRS to actually seize the property. A lien will attach itself to all of your assets and business property, limit your ability to get credit, and remain after you file for bankruptcy. A levy is far more devastating due to the fact that it allows the IRS to seize and sell personal property.

When the IRS sends a notice that it intends to levy and seize your assets, you have a total of 30 days to challenge the levy by attempting tax resolution or by paying the amount in full. Your best bet is to avoid levies altogether, but if a levy has already been placed on your property, you must find professional assistance.

At IRSProb.com, we will guide you through the process of negotiating a release of the levy through an installment plan with the IRS or by utilizing other strategies depending on the nature of your case.

Menu