Services: IRS Collection Efforts: Bank Levy

IRS Collection of an Unpaid Tax Liability

The IRS, by serving a levy on your bank, can take all of the money in your bank account. The IRS uses Form 668-A, Notice of Levy. If an IRS revenue officer has issued a bank levy, you have twenty-one (21) days in which to obtain bank levy release. If bank levy release is not obtained within that twenty-one day period, under Form 668-A ALL of the money in that bank account up to what you owe including IRS interest and penalties will be sent to the IRS.

Since 1991, Patrick T. Sheehan & Associates, Attorneys at Law, P.C. has successfully represented taxpayers facing bank levy and has obtained bank levy release, solving their tax problems. Our firm possesses both the skills and experience necessary for success when dealing with the IRS regarding a wage levy, a bank levy, or a seizure of assets.

Remember, a bank levy is financially devastating and immediate action is required. If you are under a bank levy, or have received Notice of Intent to Levy, please call us. We can take appropriate action to avert the bank levy or obtain a levy release audit. Or, learn more about a Wage Levy or Seizure of Assets.

We can help. Call us before the IRS calls you! ®