Facing a Bank Levy? Here's How to Respond
By Taxation Solutions, Inc. on 2018-04-26
Are you facing a bank levy? Bank levies are serious, as they result in the seizure of your property in order to satisfy a tax debt, but the good news is that you have options for dealing with them.
When you're facing a bank levy, your best bet is to act quickly. If there is any delay on your part, this could result in the IRS seizing or selling your property. As it turns out, it is actually not in the best interest of the IRS to levy your bank account, as this action costs money. Therefore, the IRS would much rather work with you to help you resolve your tax debts. You have several different options for doing so, including installment agreements and offers in compromise.
Get Tax Help!
One of the best things that you can do when dealing with a bank levy is to get help from an experienced tax resolution professional. Working with a tax help expert will show the IRS that you are serious about resolving your debt. Moreover, a tax specialist will know which options are the best for resolving your tax debt.
In the Charlotte area, you can turn to the tax relief pros at Taxation Solutions, Inc. for help with dealing with your bank levy. Call now to learn more!