If you owe any money to the IRS, you can be confident that they will come and look for you to pay up. The IRS will not and does not forget about your debt to them and they are legally allowed to collect the money from you, whether or not you want them to. The IRS is able to garnish your wages and even seize your bank account. These penalties can have serious implications, especially since you will not be able to access the money in your bank account while it is seized. The IRS is also allowed to take a percentage of your check before you receive it on payday.
If you are worried about a bank levy or you would like to learn more about a bank levy release in Santa Monica, call Leading Tax Group today.
Leading Tax Group in Santa Monica can help with stopping a bank levy and even removing it. Call our Santa Monica based office today for a free consultation on bank levy release.