Hiring a Tax Levy Lawyer To Help You Fight Your Case
Hiring a Tax Levy Lawyer is a great idea if you find yourself in this situation. Although the IRS is supposed to work with taxpayers who are behind on their taxes, they may make mistakes. In such cases, it is important to seek the assistance of an experienced attorney. This person is also a certified public accountant. A lawyer who specializes in tax law can help you appeal or challenge the levy.
In the event that you fail to make your tax payments, the IRS may decide to seize your bank account. This is a serious legal action, since the government can essentially take your property in full. Luckily, a Tax Levy Lawyer will be able to prevent this from happening. If you are in financial distress, hiring a tax lawyer will help you recover the money you owe the government. A good Tax Levy Lawyer will be able explain all the legal steps to take. For more detailed explanation, visit www.kentuckytaxattorneys.net/tax-levy-lawyer-louisville-ky/.
The IRS will not seize your assets without a notice first. They will issue a Notice and Demand for Payment that you have ten days to respond to. If you do not respond within this time frame, you will have been served with a Final Notice of Intent to Levy, which will result in the seizure of your assets. However, the IRS can take your property in full even if you have no means to pay.
It is important to seek legal assistance as soon as possible. The Internal Revenue Service can levie your bank account to collect the money you owe. Your bank can freeze your account for 21 days. By hiring a Tax Levy Lawyer, you can stop the levy and protect your rights. Your employer will not be able to use your money and you will be able to avoid bankruptcy. You will be able to avoid foreclosure, which is a common cause of bankruptcy in the United States.
After receiving a Final Notice of Intent to Levy, the IRS has ten days to respond to your lawsuit. If you fail to respond to the Notice, the IRS will send a Final Notice of Intent to Levied your assets. This notice will require that you pay the money or risk losing your property to the IRS. Choosing a Tax Levy Lawyer will help you avoid a tax levy in the long run.
A Tax Levy is a serious situation that can affect your finances. You should contact a Tax Levy Lawyer immediately if you are facing a levy on your property. A levy order can be a very serious legal matter. You will need to find a Tax Levy Lawyer as soon as possible to stop the escalation of the debt. You should seek legal assistance before you are in a position where you cannot pay your debts.