What is a Levy and How Do I Avoid One?

Bank Levy Texarkana

As a tax payer, you may or may not be familiar with a levy. If you’ve been diligent about your tax payments then a levy would be far from your radar. However, if you run into some trouble, a levy could become very real for you, and it’s important that you understand what it is, and what you need to do next. If you are unable to pay your text debt, a levy will be issued – a legal seizure of your property to satisfy the debt. After the initial Notice and Demand for Payment is sent and the Final Notice is also sent, a levy can be issued. There are opportunities to avoid a bank or wage levy if we get involved prior to the issuance of the final notice. The worst thing you can do is nothing. Get us involved and avoid the financial burden of a bank or wage levy.

A True Tax Problem

A levy is not an enjoyable experience, but it is only made worse if you have to contest it on your own. Avoid this unpleasant hardship and turn to us, Selph and Friday, to ensure that tax debt will not cripple your financial situation. We look forward to hearing from you and helping you back on your feet.