For those of you seeking Corona, CA tax help by EAs, CPAs, tax attorneys, this page should prove especially useful. Today we’re going to be looking at how to release an IRS Bank Levy, that could be a result of unpaid back taxes, unfiled tax returns, employment 941 payroll or tax audit. If the IRS deems that you owe them back taxes, they may impose what is known as a bank levy upon you. A bank levy is where the IRS literally take money from your bank accounts to help pay off your tax debt to them. They contact your bank roughly 30 days after they will have sent you an ‘intent to levy’ letter, and the bank subsequently freezes your account. This is to prevent you from removing or transferring the funds you already have in there. Today however, we’re going to be looking at how to release a bank levy and at why Corona, CA tax help by EAs, CPAs, tax attorneys are considered to be so beneficial.
If faced with an IRS, FTB, EDD, BOE audit, back taxes, employment 941 tax problem, unfiled delinquent tax returns you should seek our tax representation professionals such as EAs, CPAs, tax attorneys.
Get a Free Evaluation of Your Case at 877-788-2937Request a hearing – We mentioned above how the IRS will only contact the bank at least 30 days after sending you an intent to levy letter, but why not right away? Well, the reason why it takes 30 days is because during those 30 days, you legally have the right to appeal your unpaid back taxes as a result of unfiled tax returns, employment 941 payroll or tax audit. You can request what is known as a Collection Due Process hearing. Once you have appealed, this buys you some time, and again, it’s where it pays to hire professional Corona, CA tax help by EAs, CPAs, tax attorneys.
Pay off the debt in full – Though not ideal, if you owe the IRS, one way or another they’re going to get their money. If you can afford to do so, many tax experts recommend paying off your debt in full. The reasons for this are because: number 1, you will avoid any further penalties, fines, or interest payments, and number 2, it will help provide you with a little peace of mind.
Prove you’re a victim of identity theft – As awful as it sounds, there have been victims of identity theft in the past, that have been forced to pay money that they didn’t owe, because somebody stole their identity and ran up these tax bills on their behalf. Tax-related identity theft is more common than you think, and the IRS will be more than happy to help if you feel you’ve been the victim of this crime. If you can prove that you’ve been a victim of identity theft, the IRS will be more than happy to write off your tax debt.
Hire an expert – We keep talking about the importance of seeking Corona, CA tax help by EAs, CPAs, tax attorneys, when it comes to releasing a bank levy as a result of unpaid back taxes, unfiled tax returns, employment 941 payroll or tax audit, but there is a very good reason for this. You see, by hiring our tax relief expert, Mike Habib, you not only get the best advice, but you also get the best tax representation and resolution. Our tax professionals handle bank levy cases every single week, and they know exactly how the process works. Not only will we advise you, but we may even be able to help you avoid the bank levy completely. If you’re looking for advice on how to release a bank levy, our professional tax help advisors will tell you what you need to know.
If faced with an IRS, FTB, EDD, BOE audit, back taxes, employment 941 tax problem, unfiled delinquent tax returns you should seek our tax representation professionals such as EAs, CPAs, tax attorneys.
Get a Free Evaluation of Your Case at 877-788-2937Corona is a city in Riverside County, California, United States. The cities of Norco and Riverside lie to the northeast, Eastvale to the north, Chino Hills to the northwest, Yorba Linda, and the Cleveland National Forest and the Santa Ana Mountains to the southwest.
We are A+ rated tax representation firm serving taxpayers seeking IRS-FTB-EDD-BOE tax help for audit, collections, levies, liens, appeal and 941 payroll tax serving Unincorporated areas of Riverside County line all of its other borders. North Corona, Downtown/North Main, Central Corona, South Corona, Sierra Del Oro, Dos Lagos, Coronita, Temescal Valley, Home Gardens, El Cerrito, Eagle Glen. Riverside county, Inland Empire, San Bernardino. Corona zip codes: 92877–92883