Bank accounts can drain your savings!
When the IRS or state has failed repeatedly to collect back taxes from either individuals or businesses, they begin to seize assets. This process is called a levy. Bank accounts, investment accounts, equipment, accounts payable, and property are all open for attachment. After providing ten, thirty or sixty day notice through certified mail, the levy process begins. Levies can be some of the harshest and debilitating collection tactics enforced, as they reveal your private financial burden to your vendors, people you do business with, and can greatly impact operational cash flow.
Get Tax Relief and contact us today. We will help in all aspects of your case and help you create a favorable option that meets all federal requirements. Ask us more!