Stop IRS Tax Levies Before It’s Too Late

If you owe back taxes, the IRS has the authority to take extreme measures to collect the debt. A tax levy allows them to legally seize your assets—whether that’s money in your bank account, your wages, or even your property. If you’ve received a levy notice, you need to act fast before your finances take a major hit.

At Vasili Kulikov, CPA, our Glendale, CA tax professionals specialize in stopping IRS levies. Call 818-696-0936 now or request a consultation online to discuss your options. We’ll help you navigate the situation and work tirelessly to remove the levy before it’s too late.

Common Types of IRS Tax Levies

Bank Levy – The Most Common

The IRS can freeze your bank account after issuing a Notice of Intent to Levy. If the tax debt isn’t resolved within 21 days, they will withdraw funds directly from your account. This process can repeat until the full amount is paid.

Wage Levy (Wage Garnishment)

The IRS can require your employer to withhold a portion of your paycheck and send it directly to them. If your employer doesn’t comply, they may be held personally responsible for the amount owed—so there’s no way to avoid it once it’s in place.

Property Levy

If the IRS believes seizing your assets is necessary, they can take almost anything of value, including your car, boat, or even your home, and sell it to satisfy your tax debt.

Retirement Account & Social Security Levy

Many assume their retirement savings are untouchable, but the IRS can levy pensions, IRAs, profit-sharing plans, and even Social Security benefits to recover unpaid taxes.

Take Action Now

A tax levy is one of the most aggressive collection methods used by the IRS, but you have options. The sooner you act, the better your chances of stopping it before further damage is done.

Contact Vasili Kulikov, CPA at 818-696-0936 today or request a consultation online for assistance. We’ll fight to release the levy and protect your assets.