Receiving a levy from the IRS or the state is serious, and you need the help of an experienced tax professional to get the best possible outcome. Act now and we guarantee that Tax Crisis Institute will get your levy from the IRS removed immediately.
At Tax Crisis Institute, we want what’s best for you and your family, which is why we take the time to meet face to face and get to know your unique situation.
With over 30 years helping people in Bakersfield, Los Angeles, Orange County, and Las Vegas, NV with their tax problems, we offer a localized and personalized approach to our levy removal services. We are a family run business, and our main focus is on serving the communities we are located.
A levy in California is the process by which your property is legally seized by the government. People often get liens and levies confused, but they are very different from one another. A lien is the claim to the property needed to pay off your tax debt whereas the levy is the means by which the government actually takes your property to satisfy the debt that you owe the government as a result of your taxes.
When you choose to not pay taxes, the IRS or state has a right to seize and sell your personal property in order to pay off your tax debts. Whether you own the property or have interest in the property, it is fair game for the government to seize and sell. Assets like your car, house, and other property are oftentimes the first to be seized. The government can also take property that is yours but is being held by someone else, such as your wages, bank accounts, or even the cash value of your life insurance.
A wage levy means that the government takes your wage. A wage levy in California, or anywhere in the United States can inhibit your ability to pay other bills or provide for yourself and your family.
When does the government institute a levy?
Instituting a levy isn’t a simple, same-day process. The government has to follow a definitive process in order to seize any property. Here are the steps the government must take:
Assess your specific case and send you a “Notice and Demand for Payment”
Recognize that you did not pay the tax after this notice
Send you a “Final Notice of Intent to Levy and Notice of Your Right to a Hearing” at least 30 days before the levy can be instituted
How do I avoid a tax levy?
Simply put, pay your taxes in full and on time and you will never have to worry about a levy. Should you find yourself in a sticky situation with your taxes, it is paramount that you get the right advice on how to work things out with the IRS or the state.
What do I do if I have a wage levy?
If your wage levy is causing economic hardship, you may be able to get the IRS or the state to work with you on getting it released until you can pay off the balance. When your wage levy is released, you will still owe the government the same amount but they should be able to establish a payment plan or some specific steps to help you pay the full amount off.
Facing a levy from the government can be a complicated and intimidating prospect. At the Tax Crisis Institute, we will get your levy from the IRS removed. Don’t wait until it is too late. Give us a call today and we will help you get back on track with the IRS—without losing your property.
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