If you happen to owe any money to the IRS, they will look for you and they will expect you to pay it, even if it is a small amount – they want their money. The IRS does not forget that you owe them a debt and they will make sure it is paid and at their discretion too. One of the worst things about owing the IRS money is that they can forcibly require you to pay them the money. Therefore, if you ignore them, they will enact a bank levy on you and this means that they will freeze your bank account and the money that is in it. In addition, they can garnish your wages and legally take a substantial percentage of your paycheck every payday. The Tax Experts at Leading Tax Group do not want to see you suffer with a bank levy and that is why we are here to help. Call our office today to learn more about how we can start the bank levy release process in Pasadena.
Leading Tax Group in Pasadena can help with stopping a bank levy and even removing it. Call our Pasadena based office today for a free consultation on bank levy release.
Stop a Bank Levy in Pasadena
If you have a bank levy that is in progress, now is your chance to stop it. Once the IRS has started the process, you will have a hold placed on your bank account, but you have time to stop it. Legally, you have about 21 days to address the issue and our team can help you with this.
Contact Us There are several ways to stop a bank levy in Pasadena that is in process and some of your options include:
- Prove that you have a serious financial hardship
- File an offer in compromise
- Enter into an installment agreement with the IRS
- Pay the IRS the money you owe them
No matter which option you choose, you need to make a decision and start the process quickly. The IRS will not wait for you.
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