WE MAKE YOUR IRS TAX MYSTERY, HISTORY!

STRATEGIC TAX LAWYERS:  TAX BLOG

Looking For an Intent to Levy Attorney?

Wednesday, February 25, 2015
Have you received a Final Notice of Intent to Levy via certified from the Internal Revenue Service.  We are attorneys who specialize in assisting our clients with these types of IRS issues.

Receiving one of these notices is not good news since you have probably ignored many of the previous notices from the IRS which requested payment.  Now, with a final notice of intent to levy, the government is serious and they are planning on taking what they believe is owed to them and you don’t have much of a say anymore?  So what should you do? That’s what we are here for.  We are experts in tax law and we can help you with the next steps that will include a hearing before the IRS will garnish any of your belongings or freeze your accounts.  The hearing information will be provided with the notice of levy and is your way to exercise your rights for your case to be heard before the government takes over your personal bank accounts and any assets.  You will need to hire a qualified tax attorney with experience in this field.

Technically, you have 30 days from when you received the Notice of Intent to Levy to request a hearing.  The government is not allowed to confiscate your belongings if this form is submitted on time. On the other hand, if you don’t submit the form within 30 days, then you won’t be able to request a hearing and the levy action will not be stopped.  It gets complicated after the 30 day window because you can still request another type of hearing, but the IRS will not stop the levy action.  We, as attorneys who specialize in intent to levy, can try to negotiate with the IRS to put a hold on the levy for 120 days with good reason. Some of our clients have been given an extension and were given a payment plan to pay off their tax debt.

You also have the option of letting the IRS now that you are unable to pay the full amount of tax debt now and you want apply for an Offer in Compromise (OIC) or an Installment Agreement.  With an Offer in Compromise, we assist our clients with negotiating with the IRS to offer an amount less than the full extent of the tax debt.  If you notify the IRS within the 30 day time period you could have an opportunity to have this type of discussion with the IRS to try to reduce the debt.

It is important that you act quickly when you receive a Final Notice of Intent to Levy because time is not on your side.  If you need an attorney for Final Notice of Intent to Levy that you received, contact the Strategic Tax Lawyers, PC for a free consultation to assist you. Call the Strategic Tax Lawyers at (800) 669-4775.  We have experience stopping levies, but we need to act quickly.