IRS collection matters
IRS Bank Levy Help
If the IRS has levied or frozen funds in a bank account, Calculus can review the account, identify the tax periods and collection status involved, evaluate available procedural options, and handle representation when appropriate.
Is the IRS taking money from your bank account?
Your bank account has been frozen or levied
You received an IRS Final Notice of Intent to Levy
You need to understand which tax periods are involved
A levy may affect funds needed for basic expenses
What Calculus can do
Review the levy notice, account transcripts, tax periods, and collection status
Identify procedural questions and documentation that may affect the account
Communicate with the IRS under valid authorization when representation is appropriate
Explain available next steps without promising a particular result
What happens next
Review
We review the notice, account facts, records, and relevant periods.
Explain
We identify questions, deadlines, and the professional options that may apply.
Define scope
We explain next steps and define the scope and fee before substantive work begins.
Timing matters
Bank levy notices and bank processing can involve important dates. Contact us promptly with the notice and any bank communication so the facts and timing can be reviewed.
What to have ready
Bring the IRS notice, bank letter or freeze information, recent account transcripts if available, filed and missing returns, and a list of essential upcoming expenses.
Frequently asked questions
Can the IRS take money directly from my bank account?
An IRS bank levy can require a financial institution to hold and send funds under the applicable collection process. The notice and account facts should be reviewed.
How long does an IRS bank levy last?
The bank process and release timing depend on the notice, when the levy was served, and the account facts. A consultation can clarify the next questions.
Can an IRS bank levy be released?
A release may be available in some circumstances, but no release is guaranteed. Calculus can review the facts and explain what options may apply.
Can Calculus speak with the IRS for me?
When representation is appropriate and authorization is completed, Calculus can communicate with the IRS within the agreed scope.
Discuss your situation with Calculus
Start with a consultation so we can understand the facts and explain the appropriate next step.