The Gartzman Law Firm, P.C. | Tax Law

Schedule your appointment: 770-695-7337

The Gartzman Law Firm, P.C. | Tax Law
770-695-7337
When You Have Serious Tax Issues, You Need Someone Who Knows Tax Law

A Georgia Wage And Bank Account Levies Attorney Advocating For You

When the Internal Revenue Service (IRS) takes serious collection steps like placing a levy on your wages or bank account, seeking professional guidance becomes essential. Jeffrey Gartzman, an attorney and CPA, offers a unique advantage in these cases. His dual skill provides a comprehensive understanding of both legal and financial aspects of IRS collection efforts.

What Are Wage And Bank Account Levies?

Wage and bank account levies are a collection tool that allows the IRS to collect unpaid taxes straight from a person’s paycheck or bank account. With a wage levy, the IRS garnishes a portion of the individual’s paycheck to pay off tax debts. With a bank account levy, the IRS freezes and takes money from the bank account to cover unpaid taxes.

Levies can seriously affect your life. Taking money from wages means you will have less money to spend on daily needs and bills. A bank account levy can drain savings and derail your financial plans. Beyond the financial problems, levies cause a lot of stress. Getting help from professionals quickly is key to handling these problems and getting back to financial stability.

What Can You Do If The IRS Levies Your Wages Or Bank Account?

Facing a wage or bank levy can be a daunting experience, but taking the right steps can help you navigate this challenging situation and work toward a resolution. Some steps you can take include:

  1. Consult a professional: Reach out to an IRS wage levy attorney or IRS bank levy attorney who can provide skilled advice and guide you through the process.
  2. Review your financial situation:Assess your financial position to understand the impact of the levy and plan your next steps.
  3. Explore Payment Options: Consider setting up an installment agreement or an offer in compromise to manage your tax obligations and pay off unpaid tax debt.
  4. Negotiate with the IRS: Work with your attorney to negotiate with the IRS for possible relief or modifications to the levy. You may be able to present an offer in compromise that pays off some of your debt but protects your financial health.
  5. Address tax issues: Resolve any underlying tax issues that may have led to the levy and work toward obtaining a release.

Taking these steps can help mitigate the impact of a levy and set you on the path to resolving your tax issues. It’s crucial to act quickly and seek professional guidance to safeguard your financial stability. With the right approach and support, you can work toward releasing the levy and regaining control of your finances.

You Can Take The First Step Toward Freedom From Levies Today

If you’re facing the stress and uncertainty of a wage or bank account levy, don’t wait to seek help. Contact our experienced tax law attorney today to find solutions tailored to your situation and protect your financial future. Call 770-695-7337 or reach out to us online to learn more.