Once you receive a Notice of Intent to Levy from the IRS, a bank levy or other enforced collection action is imminent. You need to take action immediately if you want to avoid having the money in your bank account seized and applied to your tax debt.
If you’re having tax problems
Tag: tax collections
If you’re already having financial problems, IRS collection actions can make your situation even more difficult. Fortunately, the IRS will consider your financial issues if you ask for a collection alternative.
Some people leave their tax debt to continue adding up instead of finding an immediate solution to this problem. Perhaps they think that by ignoring the problem, it will just go away. Not the case. In fact, ignoring the problem will only make it worse. One such solution is to find a tax attorney to… Read more »