Are you losing sleep worrying that the IRS or State will levy you? Where will they levy you at? Will they hit your bank accounts? Will they take your wages? Will they seize your home?
If you have not read the section on this website GARNISHMENTS, do so. Under no circumstances does the IRS want to garnish. They do not want to levy. Levies are a last resort. The IRS wants communication; they want Payment Plans that will assure payback in a required amount of time. If the IRS seizes your home, they will receive maybe 50% of the home value and possibly not even be paid-in-full.
Using our TDRS experience we are able to prepare the correct forms and work with the departments within the IRS that will resolve the issues. Payment Plans, Offers-In-Compromise, and other forms of payment may prevent seizure.
Why are you in this position? Can a Form 433F be prepared and should you be classified as Currently-Not-Collectible (CNC). Facing a levy does not mean you are in a hopeless situation. The IRS does not want to Levy. “Levies are a last resort.” Contact TDRS to assist you in stopping or preventing a Levy