How To Gain Tax Levy Relief

Tax levy relief can be gained by taking care of any outstanding tax obligation that you have. A tax levy occurs when a taxpayer fails to pay their taxes, resulting in the IRS issuing a levy against wages or other assets of the taxpayer. Gaining relief from a tax levy requires a taxpayer to take proactive steps to deal with the levy before it becomes a problem.

Respond to an IRS Tax Levy Notice

When a taxpayer receives a tax levy notice, they should immediately gather information concerning the levy. This includes any prior tax filings and other forms that show that the tax matter may have been dealt with. If the tax levy is valid, a taxpayer should determine how best to address the outstanding liability in order to avoid being assessed.

Seek the Assistance of a Tax Professional

The taxpayer should immediately contact a tax professional for advice and counsel concerning the tax levy. This includes setting up a meeting with the IRS and negotiating a settlement that will be mutually beneficially to a parties. This discussion will help provide relief for the taxpayer and relieve them from the burden of a tax levy.