The California tax authority enforces FTB (Franchise Tax Board) bank levies against taxpayers who fail to pay their tax dues. An imposed bank levy gives the FTB authorized power to remove funds directly from your bank accounts to fulfill tax obligations.
A bank levy issued by the FTB creates significant financial disruption because it restricts your access to funds while causing numerous problems with personal and business monetary operations. The process to obtain FTB bank levy release involves actions to release the account freeze and recover access to your monetary assets. The process requires either paying off your tax obligations to the FTB, conducting negotiations, or effectively demonstrating your economic hardship.
Leading Tax Group hurries to resolve bank levies for clients because we recognize their urgent demands to regain access to their funds. Our firm’s team of tax attorneys ensures expertise in dealing with FTB levies and creating specific approaches to obtain releases.
If you are interested in a tax settlement or if you have received a settlement offer from the IRS, now is the time to call Leading Tax Group. Our tax settlement professionals (whom include former IRS tax attorneys) are always ready to work with you and provide you with the information and representation you need.
800-900-4250
Proactive tax obligation management is the most effective strategy to defend yourself from FTB bank levy action. The FTB typically issues bank levies when taxpayers fail to respond to several tax collection efforts coupled with ignored notices and warnings. The timely settlement of your taxes while addressing all claims and paying your debts before the FTB starts aggressive collection operations. Timely filing and payment ensure you will not face an aggressive collection effort.
You can stop an FTB bank levy by establishing payment arrangements with the agency by reaching a payment plan or installment agreement. You need to keep lines of communication active with the FTB to demonstrate your active debt resolution work. Consulting with a tax attorney enables clients to discover different payment methods for tax obligations that avoid getting a levy. Fast action becomes vital whenever a levy exists since it helps safeguard your remaining assets and minimize additional financial harm.
Contact Us
The tax attorneys at Leading Tax Group use their experience to help clients receive an expedient and successful FTB bank levy release. We proceed quickly to negotiate with the FTB in your stead because we fully recognize the burden of financial pressure caused by levies.
Our team fights to defend your rights before the FTB while constructing proof showing your debt payment attempts and evidence of economic difficulty that could merit levied funds release. Our extensive practice with California tax law and FTB procedures has delivered successful outcomes in helping clients recover ownership of their accounts. Leading Tax Group will offer legal support with all necessary expertise to help you remove your FTB bank levy so you can continue forward.
Headquartered in Encino, California with multiple local branch offices in your backyard to serve you at your convenience. Leading Tax Group can schedule a face to face consultation to represent your case with the IRS, FTB, EDD, as well as CDTFA Audits.
By providing enough documents, you can prove that the account belongs to someone else, which will release the levy for you.
If you are a veteran, the Social Security benefits will be exempt from the levy source, which you can use to meet your expenses.
When you want to show financial hardship, the income must be shown in such that only covers the essentials like utility bills and medical expenses. In such cases, one can get a release from a bank levy.
Once the errors issue the levy, you can send a release request to the FTB and get back the related bank fees by providing the proper evidence of tax payment within 90 days.
info@LeadingTaxGroup.com
Mon-Friday : 7:00am - 6:00pm 
800-900-4250