An IRS bank levy is the legal seizure of your property to satisfy back taxes. The collection power of a levy is very serious. A bank levy allows the IRS to actually take your financial assets. The IRS can levy assets from a third party such as a bank, a brokerage house, or another financial institution.

1. IMMEDIATE PROTECTION
FROM
BANK LEVY
ESSENTIAL INFORMATION
TO HAVE IF THE IRS
IS AFTER YOU
www.PlatinumTaxDefenders.com

2. What is an IRS Bank Levy?
An IRS bank levy is the legal seizure of your
property to satisfy back taxes. The collection
power of a levy is very serious. A bank levy allows
the IRS to actually take your financial assets. The
IRS can levy assets from a third party such as a
bank, a brokerage house, or another financial
institution.

3. The IRS will issue a levy after the following
requirements are met:
• The tax has been assessed
• 30 days have passed since a “Final Notice of
Intent to Levy and Notice of Your Right to A
Hearing” has been issued

4. If you have received a Notice of a
Bank Levy:
Time is of the essence. When this occurs, your
bank is legally obligated to freeze all of your
accounts for 21 days. During this time, you
have the ability to resolve your back tax debt
with the IRS. If you do not take action to full
pay your tax liability during this time…

5. …the bank sends your funds to the IRS to cover
your tax debt. Once the bank has sent your
money to the IRS, it is almost impossible to
obtain a refund and get your money back.

6. DO NOT WAIT!
Do not wait until you receive a bank levy
notice, once you receive the “Final Notice of
Intent to Levy” letter, immediate action on
your part is necessary, and representation is
vital to protecting you and your family from
collection actions.

7. Act Now
Here at Platinum Tax Defenders, we have been
successful in getting IRS bank levies
released. A bank levy is much more difficult
to release than a wage garnishment, and can
only be done by showing imminent financial
hardship due to that levy being in place.

8. Let Us Help You Before The Levy
Process Starts
The better process is to prevent the levy from
ever occurring. Open communication with the
IRS may prevent the levy process. If Platinum
Tax Defenders’ professionals deal immediately
with the IRS, they can avoid levies and deter
them from occurring, rather than wait until after
the levy is issued.

9. (800) 991-3242
Facebook.com/platinum-tax-defenders
Twitter.com/Platinum_Tax
Pinterest.com/PlatinumTax
linkedin.com/company/platinum-tax-defenders-llc
PlatinumTaxDefenders.com
YouTube.com
Yelp.com
we
are
social.

10. Dustin Wetton
Sherri Gastelum
Director of Resolution
Owner