IRS Levies are one of the many actions the IRS can do to get your attention. Basically levies are the IRS’s way of saying that they have tried to contact you but you have continuously ignored them.
Levies are dangerous because they can take your wages and any other asset you own. This does include stocks, bonds, bank accounts, checks etc. The worst thing is that if what you own is not enough to pay back what you owe the IRS will continue to take from your wages until what you owe is paid off.
The IRS will not stop until your debt is paid off, the good thing is we are able to help you with your levy so that you can start over with the IRS.
For a free consultation with an accountant, click below.