Tax Law

Preventing a Tax Levy With a Tax Levy Lawyer

The first step in preventing a tax levy is to contact a Tax Levy Lawyer at www.marylandtaxattorneys.net/tax-levy-lawyer-annapolis-md/. The IRS usually issues a Notice CP90 to the taxpayer in advance of a monetary seizure. This notice informs the taxpayer that they can request a hearing and that it is your right to fight the levy. Failure to act on this notice can have severe consequences. If not acted on immediately, you may lose your house or retirement plan. Fortunately, there are ways to avoid a tax imposed on your property.

The IRS is required to send a Notice of Levy to the taxpayer within 30 days of a levy. If you are unable to pay within the specified time period, you should make sure that you stay in communication with the IRS. Unless you communicate with the IRS, the levy could result in the seizure of your property or funds. If you are unable to make payments on time, it is in your best interest to seek a lawyer to help you deal with the situation.

A Tax Levy lawyer will explain your options for the levy process. Whether the levy process is automated or manual, the IRS is required to follow proper protocol before levies a person’s account. A taxpayer’s bank account is frozen for 21 days while the IRS evaluates the circumstances of a pending tax liens. If the situation has been prolonged, a tax attorney can help you make the right decision.

An attorney can help you prevent a tax levy by filing an appeal. Depending on the type of levy, an appeal can help stop the levy. If an IRS decision is based on the wrong facts, the IRS will likely release the stipulations. The appeal process will be lengthy and stressful, but the results can be rewarding. If you’re still worried about your financial future, a Tax Levy Lawyer can assist you with a variety of other strategies.

The IRS must notify you of a levy in writing. If you receive a letter that states that your bank has frozen your account, you should contact them as soon as possible. The sooner you contact the IRS, the less likely they will have to seize it. There are also many other legal remedies, including hiring a tax attorney. If a creditor refuses to release a levy, he can simply take it to court.

A tax levy attorney can present evidence that helps you avoid a levy. In some cases, a Tax Levy Attorney can even prevent a levy from taking place altogether. By hiring a tax lawyer, you can protect yourself from further damage and keep the IRS from getting hold of your property. The Internal Revenue Manual instructs employees to delay the sending of a tax levy notice.