Bank Levies


A bank levy is a legal action taken by a creditor to seize funds from a bank account. In the context of tax debts, the IRS can issue a bank levy to collect unpaid taxes. When the IRS levies a bank account, it freezes the account and withdraws funds to satisfy the tax debt. This can happen if the taxpayer has ignored multiple IRS notices or failed to set up a payment arrangement. A bank levy can have serious consequences, including financial hardship. It's important to address IRS notices promptly to avoid a levy.

Safeguarding Your Finances from IRS Bank Levies with Expert Guidance

Bank levies by the IRS can be a distressing experience, causing significant financial hardship. The IRS uses Form 668-A, the levy form, to legally seize funds from bank accounts to settle tax debts. Trusted Tax Advisor understands the impact of IRS bank levies and helps prevent such actions while guiding clients through resolving tax issues.

Timely Action is Crucial

Taking immediate action upon receiving an IRS notice is vital to prevent a bank levy. Contacting Trusted Tax Advisor promptly can help mitigate the risk of an IRS levy.

Our Proactive Approach

Our experienced attorneys quickly intervene to stop levies. Through negotiation with the IRS, we aim to secure favorable outcomes like offers in compromise or installment agreements, halting the bank levy process.

Recovery of Frozen Funds

If the IRS has frozen your bank account, recovering funds can be challenging. However, our team has a successful track record of releasing bank levies. We navigate complex tax laws and procedures to help you retrieve your funds.

Don’t Wait Until It’s Too Late to Protect Your Finances

Acting swiftly is crucial to safeguarding your bank account from IRS levies. By choosing Trusted Tax Advisor, you can save time, money, and stress associated with IRS collection efforts.

Schedule a Risk-Free Evaluation Today!

If you are facing an IRS bank levy threat or have experienced a frozen bank account, contact us for a consultation.

Trusted Tax Advisor is committed to helping you protect your finances and resolve IRS tax debt issues. Let us be your partner in navigating tax resolution complexities.

If you're dealing with tax issues and wish to arrange a private, complimentary case evaluation, reach out to us now for a candid consultation on tax relief.

Call (305)488-4188 or click below to schedule a Tax Relief Strategy Session