Notices of Intent to Levy

Any notice of intent to levy is cause for concern.  Painful as it is, the situation is much simpler to deal with than stopping a levy once it is actually in place.  If you do nothing terrible things ARE going to happen to you.  All this is done automatically by computer without human input or intervention.

The IRS software will match the names and addresses of your employers, banks, credit unions, other financial institutions, pension payors, Civil Service if you worked or retired from there, Social Security Administration, etc.  In other words, they will quickly identify one or more income sources and one or more financial institutions. Thirty days after mailing of the Final Notice of Intent, they can and will seize your earnings or bank account up to the amount claimed by the  IRS.

If you are in a community property state and you have an old tax debt, the IRS can also seize up to 50% of your spouse's income without prior notice to the spouse.  Just try explaining that.

I urge you to call us immediately on receiving any of the notices above or an actual levy.  If you have a levy now, you can read about the levy here.