Has the IRS levied your bank account? We can help!
A bank levy is issued by the IRS when your taxes remain unpaid and resolution has not been reached. The IRS will freeze your bank accounts and seize any money in your bank account up to the amount that you owe, including penalties and interest. The IRS can issue a bank levy as many times as they please, until the tax debt is satisfied. A bank levy is a very successful collection tactic that the IRS uses which serves a second purpose besides collecting back taxes – to get your attention!
The good news is that the tax experts at Direct Tax Relief can have your bank levy released!
Call today at (800) 505-4134 for a FREE Tax Resolution Analysis.
When a bank levy is issued by the IRS, there are specific procedures that your banking institution must follow. Even though the bank withdraws the funds from your account and/or sometimes freezes the use of the funds, Our Tax Attorney at DTR can have your bank levy released. Depending upon your financial and tax situation, DTR will need to take different actions to handle your IRS bank account levy. An IRS bank levy can be stopped but it is important to act quickly since you will not have much time to stop the IRS once a bank levy has been issued.
The IRS is a very determined and fierce collection agency. It does not make sense to negotiate with them without proper representation. When a bank levy is issued, it is usually caused by poor or lack of communication between the taxpayer and the IRS. The tax professionals at DTR keep constant contact with your IRS agent to ensure that future bank levies are not issued, as long as the taxpayer remains in compliance. DTR will secure a collection hold on your account for a specified period of time; protecting you from future enforced collection action. While your account is placed on a collection hold, our Tax Attorney will carefully analyze and evaluate your specific situation and determine the best course of action for you.
If you’ve been threatened with an IRS bank levy, let the tax experts and professionals at DTR represent you and put end to your IRS problems!
Is the IRS harassing you for your ex-spouse’s tax problems?
Innocent Spouse Relief is a form of tax relief that can relieve you of your tax liabilities, interest and penalties as a result of filing a joint tax return with your current or ex-spouse. Filing your taxes jointly can provide many benefits – and sometimes it can create problems. When you are married and file a joint return together it means that both individuals are jointly and individually responsible for the taxes that are owed, even if one spouse made the majority or the entire amount of taxable income. If the IRS determines several years after the joint return was filed that there was a deficiency in tax, the IRS is authorized to go after each spouse individually.
The IRS created innocent spouse relief because situations do arise where it would be unfair to hold a spouse liable for the tax liability that was created. Innocent spouse tax relief is available from the IRS and some states. It can relieve you from taxes, penalties and interest that were acquired from a joint tax return that you filed with your spouse or ex-spouse. The IRS offers innocent parties a way to get out from under tax debt liability that is the result of mistakes or errors not made by another party on a joint tax return. Innocent spouse relief is a good option for people who are burdened with tax debt through the fault of their spouse.