Levy Notice

What to do when you get a levy notice.

Have you received a levy notice from the IRS? This will most likely be called a Notice of Intent to Levy. This document simply suggests that the government is going to pursue your bank accounts, wages, and assets as a means of collecting tax debt from you. Chances are you have been behind on payments or have no filed tax returns in quite some time, and the IRS is now seeking reimbursement in whatever way possible.

The team here at BC Tax can help you get past this levy notice by negotiating a deal with the IRS on your behalf. We will work to get you a payoff plan you can afford without having to lose out on your wages or assets. If you want to protect what you already have within the confines of the legal system, this is the best route to take.

If you choose to ignore your levy notice, you could lose your house, your car, your business, or a substantial portion of your income. It is much better to pay off your past due taxes on your own terms. You can’t get out of paying altogether, but you can get a plan that works in your favor. We will help you do that.

Talk to one of the tax experts at BC Tax and see what we can do for you. We will look over your Notice of Intent to Levy and your current accounts to see what the best course of action will be.

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Megan Bridge with BC Tax has been working on my issues with the IRS for about 15months. I had created an issue over 3-4 years by overpaying the... estimated Quarterly Taxes and applying the tax refund to the next years taxes. So, all was good as I never owed any additional tax above the paid Estimated Quarterly Taxes – except!, I didn’t follow up with a filed return. In 2021-22 The IRS issued huge penalties with interest for not filing timely returns. In early 2022 I filed the delinquent Tax Returns which I expected to clearup the Penalties & interest issues. However, I was getting nowhere with the IRS regarding the large penalties and interest. I asked BC TAX to help, and Megan Bridge took on my case and resolved the issue. Her ability to understand the terminology, access to the right people and the on-line information resulted in the IRS waiving the penalties and interest. Needless to say I would recommend Megan and BC TAX. Billread more
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