Lawrence Township Tax Levy Attorney
Did you get a notice of tax levy order from the IRS recently after failing to pay off your tax debt? If yes, you need to act immediately because a tax levy order can entail property seizures and wage garnishments that can derail your finances. When this happens to you, you need to contact a skilled and experienced Lawrence Township tax levy lawyer who can help you sort out this predicament.
At Defense Tax Partners, you will be able to get the help of talented lawyers who can check your case and recommend the best legal option to resolve your tax issue. For tax levy cases, we can check your financial situation and recommend the best way to negotiate with the IRS to resolve your tax debt. We can help you prepare the necessary documents to support your case, and if the IRS agrees with your request, we will help you follow your payment plan.
We will also do our best to make the process easier to understand, ensuring that you won’t make the same mistakes after your tax issue is resolved. You can also ask us for tax advice for your other tax issues and provide you with the best options to solve them.
Call Defense Tax Partners at (973) 381-1616 for your Free Consultation with a Lawrence Township Tax Levy lawyer!
What is a Tax Levy?
The IRS orders a tax levy if a taxpayer does not pay their taxes after all legal avenues were taken to get it settled. Under the law, the IRS is allowed to seize a taxpayer’s valuable assets and sell them to settle the tax debt. If the order is issued, the taxpayer should contact the IRS immediately with a lawyer on hand to discuss how the tax debt can be paid without any seizures.
Down below is a list of examples of how a tax levy can be done by the IRS:
Bank Levies
A bank levy entails an order from the IRS to your bank, which will freeze your bank accounts for 21 days and get the tax debt owed directly from your account. During the 21 days, you will not be able to use your bank account until you pay your debts with the IRS in full.
Property Seizure
When a property seizure is ordered, the IRS will take any property you own with significant value and sell it to pay off your debt.
Reduced Tax Refunds
If you are qualified for certain tax refunds, the IRS can get them and use the refunds to reduce your unpaid taxes.
Wage Garnishment
Wage garnishment is similar to bank levies wherein the IRS would be reaching out to your employers and asking them to send a set amount directly to the IRS to pay your tax debt.
If you are self-employed, a contractor, or a business owner, the wage garnishment order can be severe because the IRS can ask for a 100% wage garnishment until your tax debt is paid.
Having the IRS constantly barrage you with calls and inquiries regarding your tax debt can be very stressful, especially if they have ordered a tax levy against you. But, with our lawyers, you can resolve your taxes in such a way your properties will not be seized, and you can follow a plan that works well for your financial situation to pay your tax debt.
Preventing a Tax Levy
The IRS orders a tax levy if you still have not paid your tax debt after doing all the legal avenues to get you to pay it. Fortunately, you can ask for the tax levy to be withdrawn, and having a good tax levy lawyer beside you can help with sorting out your tax debt faster.
One of the options you can do to get the tax levy rescinded is by paying your tax debt in full. The IRS only utilizes a tax levy if people don’t act on their tax debt, so if you paid it in full, the agency would leave you alone.
If you are not able to pay your taxes in full, you can explore other avenues to get it paid without the need for a tax levy to be ordered. First, you can ask the IRS to agree to a proposed installment plan to get your tax paid. The IRS will look into your financial situation to see if they can agree to an installment plan or have the plan adjusted to match your situation. If you have a tax levy attorney to help you, they can negotiate on your behalf to reach an agreement with the IRS and help you abide by the installment plan.
Another option to consider is a one-time payment to the IRS and a request for tax forgiveness. However, this option will require documentation to prove to the IRS that you cannot pay the tax debt in full even if an installment plan is created. Our team at Defense Tax Partners can help you prepare the documents necessary and negotiate with the IRS.
Professional Legal Representation
Defense Tax Partners is a Lawrence Township tax law firm dedicated to providing each client with a talented tax levy lawyer who will help you understand the case and defend your interests. You can trust our Lawrence Township tax levy lawyer assigned to your case to dedicate their time and effort to get you the best possible result for your case. They can also help you prevent further tax issues from occurring in the future after your case is resolved.
We also offer the following tax-related services to our clients:
1. Tax Preparation
2. Tax Lien Removal
3. Tax Resolution
4. Offer in Compromise
5. Wage Garnishment Removal
6. Penalty Abatement
7. Bank Levy Removal
8. Innocent Spouse
9. Audit Representation
10. Passport Reinstatement
Can’t see the tax issue you are facing in this list? You can ask our lawyers to look at your situation through our free consultation service.
Let’s Talk Now – Free Consultation
If you find yourself facing a tax levy order, you need to contact a trustworthy Lawrence Township tax levy lawyer who can help you with your case and defend your interests in court. We at Defense Tax Partners are always ready to take on your tax cases no matter how serious they are and provide you with the legal advice you need to get past your tax issues.
Our lawyers will also be with you at every step so that you don’t make crucial mistakes that can affect the outcome of your tax case. Call us today to find out more about our tax legal assistance service and see how we will help you with your case.
Call Defense Tax Partners at (973) 381-1616 for your Free Consultation with a Lawrence Township Tax Levy lawyer!