An IRS tax levy is much different from an IRS tax lien. An IRS tax levy can freeze your assets such as bank accounts, wages, social security income, and accounts receivable income. An IRS tax levy can be detrimental to the business and or yourself personally. The levy will freeze funds in your bank account, take money out of your paycheck, or other sources of income, and leave you high and dry, regardless of your business or personal expenses.
Contact us immediately if you have been levied, garnished, or your customers are no longer paying you but paying the IRS or State.