contents from weekly attorney meetings at NCT (new century tax)
Bank & Wage Levy
Prompt Legal Help for IRS Bank and Wage Levies
Ignoring the IRS
When owing tax, penalties and interest , a person can feel overwhelmed and powerless. In many instances, many ignore notices and wait “for a better time” to act. Others freeze and do nothing at all.
The IRS Never Forgets
Eventually, those same people discover that their wages, bank accounts, and retirement savings have been seized “unexpectedly”. The IRS located their assets through various databases and determined which of those assets were best for liquidation. Tax levies often cause devastating and irreversible problems. An IRS bank or wage levy can leave a person without any money to pay basic living expenses. It is a crisis situation that requires prompt attention from an experienced tax attorney.
The IRS does not have to take your assets, your retirement savings, or your children’s college funds. There are other ways to satisfy your tax debt.
You Have Legal Rights and Options
Bank and wage levy cases are often the most critical. Seizing your income and assets can affect your ability to pay essential expenses and keep a good credit rating. Once a levy is filed, we understand immediate action is essential. Every case is unique. Some cases are resolved when we determine that you never owed the tax in the first place. Other cases involve negotiating a settlement or establishing a payment plan. Even a “threat” of levy requires decisive action to avoid an inevitable and uncomfortable outcome.
Contact a Lawyer Immediately
New Century Tax has helped clients who are the subject of IRS bank and wage levies . By promptly analyzing your situation and pursuing the correct course, a levy release can restore your access to assets or income. To learn more, contact our office at (877) 530-6505 we operate in all 50 states. New Century tax, represents clients in bank and wage levy claims throughout the nation.
