Bank Levy Release
Regain access to your hard-earned money. We specialize in quickly releasing IRS bank levies.
How an IRS Bank Levy Freezes Your Accounts
An IRS bank levy is one of the most powerful tools the IRS uses to collect back taxes. When a levy is issued, your bank is legally required to freeze your account(s) up to the amount you owe. The bank then holds these funds for 21 days before sending them to the IRS. This 21-day window is a critical period during which you can take action to get the levy released.
A bank levy can be devastating, preventing you from paying bills, rent, or even buying groceries. Acting quickly is essential to protect your funds.
Time is Critical!
Our Steps to Release Your Funds
At Tax Relief Pros, we have a proven, rapid-response process for handling bank levies. Our goal is not only to release the current levy but also to prevent future ones.
The moment you retain us, we contact the IRS on your behalf to begin negotiations. We present arguments for releasing the levy, which could include demonstrating financial hardship.
A levy is a symptom of a larger problem. To secure a release, we must propose a long-term solution, such as an Installment Agreement or an Offer in Compromise, to handle the underlying tax debt.
Once a resolution is agreed upon, we secure Form 668-D(ICS), the official levy release form, and ensure it is sent to your bank to unfreeze your accounts and stop the seizure.
What Happens After the Levy is Released?
Releasing a bank levy is just the first step. It provides immediate relief, but it doesn't solve the underlying tax debt. To prevent the IRS from issuing another levy, it is essential to enter into a formal resolution. After securing the release, our team will finalize the details of your:
- Installment Agreement: To make affordable monthly payments.
- Offer in Compromise: To potentially settle your debt for less.
- Currently Not Collectible Status: If you are experiencing severe financial hardship.
If you have received a notice of levy or found your bank account frozen, do not delay. Every moment counts. Contact us immediately for an emergency consultation to begin the process of releasing your funds and resolving your tax problem for good.
Ready to Solve Your Tax Problems?
Don't wait another day. Contact our expert team now for a free, confidential consultation and take the first step towards financial peace of mind.