When you owe money to the IRS, you can bet that they will come after you to collect those funds, whether or not you owe a lot or a little. It can be frustrating, especially if you are facing a financial hardship and you cannot afford to pay them. One of the many mistakes that taxpayers make is they ignore the IRS in an attempt to not deal with the problem and they often have the mindset that if they do ignore them, the problem will disappear. This is actually quite opposite, and you will find that the IRS may enact a bank levy. If this happens, the IRS will be allowed to place their hand into your bank account and you will have no say in the matter. The experts at Leading Tax Group want to hear from you today! We will work with you to get a bank levy release in Westlake to free up your bank account and get you into an installment plan that works for you. Call our office today.
Leading Tax Group in Westlake Village can help with stopping a bank levy and even removing it. Call our Westlake Village based office today for a free consultation on bank levy release.
Stop a Bank Levy Today
If you want to stop a bank levy today in Westlake, there are some things that you can do. First and foremost, it is important for you to understand that once the IRS puts a levy on your bank account, there is a 21-day hold until they can access your money. This time period is your opportunity to reverse the action taken. Some of the ways to stop a bank levy in Westlake include:
- Pay the IRS the money you owe them in full including penalties and interest
- File an offer in compromise
- Prove that you have a financial hardship
- Enter into an installment agreement where you make payments
You do not have a lot of time to make a decision and the experienced tax professionals in Westlake want to here from you. We will work quickly to stop a bank levy.
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