Lipkin
& Associates says:
Levies are much more sever than liens. Whereas a lien is a claim
used as a security for your tax debt, a levy seizes your property
to satisfy your tax debt.
If the IRS levies your bank account, you have 21 days to fix the
problem. If you ignore the notice and/or do nothing, the bank will
freeze your account and send the balance directly to the IRS
If you receive a levy notice, you must act now. Immediately contact
Lipkin & Associates!
Levies can be prevented if you act quickly. We will take the necessary
action to protect you. We will negotiate with the IRS and request
a Stay of Collections, giving L&A up to 3 months to examine
the situation and plan a strategy to settle your tax debt.
Whether you pay the tax owed, enter into an installment agreement,
offer in compromise, or determine there is an economic hardship,
levies can be released.
Call Ira Lipkin direct at 847-236-1070.