Are you the victim of an IRS levy on your bank account? We can help if so. Our firm has years of experience in obtaining releases of IRS bank levies. If you want to learn how we help people just like you, contact us today by calling toll-free 1-312-608-2772.
Visit our website: https://www.chicagotaxlawyerfirm.com/
Follow us on our Social Media Site:
Twitter: https://twitter.com/taxlawchicago
Google Plus: https://plus.google.com/113665509788292401381/
Facebook: https://www.facebook.com/Chicago-Tax-Lawyer-Firm-331942083676072/
2. Are you the victim of an IRS levy on your
bank account?
Are you the victim of an IRS levy on your bank account? We can help if so.
Our firm has years of experience in obtaining releases of IRS bank levies. If
you want to learn how we help people just like you, contact us today by
calling toll-free
Visit for more: https://www.chicagotaxlawyerfirm.com/
INFO@CHICAGOTAX
LAWYERFIRM.COM
CALLTO (312) 608-2772
3. How It Works
Here’s how the IRS uses the bank levy to grab taxes out of your bank account.
If you fail to pay your tax bill when due, the IRS resorts to calls, visits, letters,
and garnishments. What is shocking for the wage earner is that the IRS does
not have to provide any notice before beginning collection activity for IRS
back taxes.
The IRS has vast collection powers, unlike any person to whom you might owe
a debt. Why? Because they can issue a bank levy and take property without
a court proceeding. No other collection agency gets to do this (not counting
repossessions, where you’ve agreed in the contract that repossession is part
of the deal).
CALLTO (312) 608-2772
Visit for more: https://www.chicagotaxlawyerfirm.com/
5. When A Bank Levy Is MoreThan A Bank Levy
The bank levy starts when the IRS sends a letter along with an IRS levy notice to
your bank.The notice states that the IRS is seizing your bank account.Your bank
is ordered to freeze all of your accounts and to turnover the funds to the IRS.The
IRS frequently uses bank levies as a way for collecting back taxes. Of
course the bank always complies by promptly freezing your funds because bank
knows that if it fails to cooperate with the IRS then the IRS will come after it!
When you are on the wrong end of a bank levy, you are left feeling frightened and
confused. Just as bad, the IRS can seize funds from any source that has funds
belonging to the you.This means they can grab your 401K from Fidelity (or
anyone else), your series H bonds at the bank in your safe deposit box, and
insurance proceeds that are reducible to cash. An IRS bank levy can have a
horrendous impact on your finances.
Visit for more: https://www.chicagotaxlawyerfirm.com/
6. The Good News
But there’s also good news:You can stop bank levies today! Do not wait for
the IRS to start collection efforts. Find answers to past due taxes before the
IRS sends out its levy letter and notice.To learn how you may be able to stop a
bank levy from the IRS contact us today.
Contact us to schedule a Tax Attorney consultation. Evening and weekend
hours are available by appointment. As this tax law firm represents
individuals and business and is always pleased to meet with you, please call us
at to discuss your situation in detail.CALLTO (312) 608-2772
Visit for more: https://www.chicagotaxlawyerfirm.com/
INFO@CHICAGOTAXLAWYERFIRM.COM