A Bank Levy is a form of Tax Levy attached to your bank account. An IRS tax lien can be attached to any type of property, such as houses or cars, but most frequently it is applied to bank accounts. When a Bank Levy is placed on your bank account, you no longer have access to your money. Instead, the IRS has the authority to seize your money and wipe out your bank account. A Bank Levy is one of the most aggressive forms of IRS collection action, and our tax professionals understand that this is a very difficult situation for any taxpayer and we know how important a quick tax resolution is. Because of the severity and complexity of any case where a Bank Levy is issued, the best solution is to seek professional representation.
At PowerTax Relief we are licensed to represent our clients before the IRS, state and any other tax authority. If you are under audit, involved in the collection process, or just have a tax notice you need help with, we are able to provide IRS representation. We will provide our professional resources to negotiate and settle your tax case in a timely manner. Our years of experience in dealing with the IRS and state allow us to advise you of your options and the possible outcomes.