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Tax Law

Guidelines in Finding a Good Tax Levy Lawyer

Are you facing a tax levy? If so, you should seek legal help right away. Here are some guidelines to look for in a tax levy lawyer. Hopefully, they will help you get back on your feet. Read on to learn more. Getting help right away is crucial to your financial stability. You’ll need to act quickly, though, or the consequences could be disastrous.

First, you need to figure out how much time you’ll need to consult with a tax attorney. Most of them are willing to answer your questions over the phone or through video chat, so you can save time by avoiding travel expenses. You can also email supporting documentation to your lawyer, which will help them review your case more effectively. If email isn’t your thing, you can send the original documents via mail instead.

Second, it’s important to find an attorney who is experienced in this field. Tax attorneys are experts at handling tax liens and levies, and they’ll understand the ins and outs of these proceedings. Tax attorneys know how to deal with the IRS and how to negotiate a better settlement. You’ll also be able to get a lower settlement if you hire an experienced attorney.

Bank levies are singular events and are known as “one-time hits.” A levied bank account can be blocked for up to 21 days. This time period is critical to get in touch with IRS representatives and explore all your options. If you’re unable to contact the IRS within this timeframe, you’ll need to hire a lawyer immediately. And if you’re unable to contact them, you may have no choice but to wait until the levied bank account is closed.

When it comes to IRS levies, hiring a tax levy lawyer can make the difference between getting the levy removed and paying the full amount due. The IRS does not always get it right, and sometimes their communication with taxpayers can snowball, leading to a lien notice. Tax attorneys with experience negotiating lower settlements can help taxpayers navigate the system and avoid getting a tax levy notice in the first place.

A tax levy sent to a bank account is called a “one-shot” levy, and it attaches to the money in the account the moment it arrives. A tax levy on wages, on the other hand, is a continuing levy. Once you receive a tax levy, your employer will continue sending a majority of your paycheck to the IRS until the debt is satisfied.

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