Press release
Legal Tax Defense Now Offering IRS Debt Relief Services for Tax Levy
Quick Assistance Is Available for Taxpayers Facing Tax Levy.Legal Tax Defense, Inc. is proud to announce the introduction of its specialized IRS debt relief services aimed at combating state tax levies. With the complex nature of tax regulations and the severe repercussions of tax levies, Legal Tax Defense provides expert guidance to help taxpayers protect their assets and manage their tax obligations effectively.
A state tax levy is a legal means for tax authorities to seize taxpayer assets to cover outstanding tax debts. Unlike a tax lien, which is merely a claim on the taxpayer's assets, a tax levy actively involves the seizure of those assets, including bank accounts, wages, social security benefits, investment accounts, and physical properties. This method of collection can have devastating effects on individuals and businesses alike.
"The IRS and state tax authorities follow a strict process before enforcing a tax levy, beginning with an assessment of the taxes owed and sending a tax bill to the taxpayer's last known address. If the debt remains unpaid, a Final Notice of Intent to Levy and Notice of Your Right to a Hearing is issued, providing a 30-day window for the taxpayer to respond," explains Jason Delatorre, CFO of Legal Tax Defense, Inc.
"Our team of seasoned tax debt attorneys [https://www.legaltaxdefense.com/] is committed to providing rapid and effective solutions to end state tax levies," states Robert Cohen, one of the attorneys at Legal Tax Defense. "We offer complimentary consultations to determine the best course of action for each client's specific circumstances."
Different types of state tax levies can be implemented, with the IRS choosing the most efficient method to seize assets. These include:
Bank Account Levies: Freezing and seizing funds directly from bank accounts.
Property Levies: Seizing and selling physical assets such as homes, vehicles, and personal property.
Wage Garnishment: Withholding a portion of wages to satisfy tax debts.
1099 Levies: Seizing payments owed to independent contractors.
Passport Seizures: Revoking passports for debts over $50,000.
Other Asset Seizures: Including life insurance, dividends, retirement accounts, and commissions.
To halt a state levy tax [https://www.legaltaxdefense.com/state-tax-levy/], immediate action is required. Legal Tax Defense, Inc. strongly advises against handling a tax levy alone and recommends consulting with a tax professional. Possible solutions include:
Establishing a Payment Plan: Selecting a payment plan that aligns with the taxpayer's financial situation to stop the levy.
Submitting an Offer in Compromise: Proposing to pay a reduced amount to settle the tax debt, available for those facing significant financial hardship.
Proving Financial Hardship: Demonstrating financial inability to pay can temporarily halt wage garnishment.
Filing an Appeal: Appeals can be filed for reasons such as bankruptcy, expired statute of limitations, procedural errors, or lack of opportunity to discuss liability.
For further information on how to stop a state tax levy [https://www.legaltaxdefense.com/state-tax-levy/], visit https://www.legaltaxdefense.com/ For immediate assistance, call 800-804-2769.
Media Contact
Company Name: Legal Tax Defense, Inc
Contact Person: Jason Delatorre, CFO
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=legal-tax-defense-now-offering-irs-debt-relief-services-for-tax-levy]
Address:2677 N Main St
City: Santa Ana
State: Ca 92705
Country: United States
Website: http://www.legaltaxdefense.com
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