There are several options for people who are facing a levy on their property. The first option is an appeal of the IRS’s decision to levy your property. The IRS must first give you notice of the pending levy before executing the writ. Once you receive the notice, you have 30 days to file an appeal, which suspends collection action until you have a hearing. Even if you missed the deadline, you may still file an audit review or an innocent spouse protection application. Once you file the necessary applications, the IRS will temporarily halt your encumbrance until it has reviewed your appeal. The process may take several months.
A levy is an effective way to prevent the IRS from seizing your property. There is a process that the IRS must follow before seizing your money or property. If you have not complied with the law, you can seek a hearing before the levy is finalized. A levy can also result in a lien on your property. If you file a lawsuit, you should have an attorney on your side. If you don’t file a lawsuit, you will lose your property.
If you receive a Notice of Intent to Levy, it is imperative to consult a Tax Refunds lawyer immediately. The IRS is notorious for sending out many different notices stating that it intends to seize your assets. You should contact a tax lawyer as soon as you receive a letter from the IRS stating that they are attempting to levy your personal assets and wages.
When you owe a debt to the IRS, you must act quickly and hire a skilled Annapolis, MD Tax Levy Lawyer. A lawyer can help you fight the levy and get back your money. If you don’t pay the debt, you will lose your property. If you can’t make payments, you may have to sell your home or car to repay the debt. If you can’t do so, you can seek a loan to pay off the IRS.
An IRS levy is an attempt to reclaim part of your property from you, and you need to fight it aggressively. It can be difficult to keep your assets and avoid a hefty debt if you don’t have a lawyer on your side. Fortunately, you can hire a Tax Levy Lawyer to protect your property. This is the most common method to stop the levy.
After you have filed an appeal, you should contact an IRS levy lawyer. In addition to filing a request for a hearing, you should keep in touch with the IRS by phone, mail, or email. Your attorney will be able to negotiate with the IRS on your behalf. If your case is dismissed in the appeals division, you will have to file for bankruptcy. If your tax debt is more serious, you can consult a tax levy lawyer.