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Today I’m going to answer the top 3 questions we continually get regarding IRS levies, but first let me show you what, explain to you what an IRS levy is!
Owing back taxes is not uncommon. There are a variety of reasons taxes become delinquent: neglect, no money, tax evasion.
Want to be a hero? File an Offer in Compromise (OIC) on behalf of your clients owing money to the IRS. An OIC means a fresh start— music to the ears of anyone dealing with a delinquent tax bill.
Tax debt is no joke, especially to the Internal Revenue Service. If your client owes the IRS for tax delinquency, regardless of the reason, the IRS will not sit back and wait.
If this hasn’t happened to you already, get ready. It will. The IRS put a little SALT in the games of business owners who live in states with high income taxes and property taxes.