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IRS Tax Levy and Lien ReliefIRS tax levy and lien relief is one of our most effective services at The Taxpayer Advocate. As a method of enforcing collections, the IRS will often place an IRS lien or IRS levy on a taxpayer's assets or wages. This action effectively gives the government a secured interest in that property, or requires an employer to garnish wages and pay them directly to the IRS instead. For businesses, the IRS can use an IRS levy or IRS lien to make a claim on Accounts Receivable, robbing
a corporation of much-needed cash flow. The effects are often crippling and
humiliating for businesses as well as individuals and families, and may even lead to asset seizure.
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Copyright © 2003 The Taxpayer Advocate |
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