IRS Levy Help
Take Immediate Action to Stop IRS Collections
Protect Your Wages, Bank Accounts, and Business Assets
Get Your Money and Assets Back from the IRS
IRS Levy Release & Asset Protection, Done Fast. How Can I Stop an IRS Levy? This is one of the first questions business owners and individuals ask when they contact us.
An IRS levy is one of the most aggressive collection actions the IRS can take, allowing them to seize wages, bank accounts, or other assets to satisfy a tax debt. Taking swift action is essential to have the levy released and protect your finances. At M7, our mission is to stop IRS collections and secure the best possible resolution for your situation.
Whether the IRS has placed a levy on your paycheck or frozen your bank account, our experienced tax professionals can often intervene and have the levy lifted within 24 hours. This pause in collections gives us the time we need to address the underlying tax debt, through negotiation, payment arrangements, or disputing the IRS’s claims.
What Is an IRS Levy?
When the IRS has been unsuccessful in collecting unpaid taxes, it can legally seize your property or any rights you have to property. This action is known as an IRS levy. The IRS can levy a wide range of assets, including: wages, bank accounts, dividends, commissions, rental income, and even Social Security benefits. They may also seize and sell personal property such as your vehicle, home, or other valuable assets.
The IRS can even redirect future federal or state tax refunds to cover your outstanding balance. Unlike a tax lien, which is a claim against your property, a levy involves the actual seizure of your funds or assets. If you’ve received a Final Notice of Intent to Levy, you have 30 days to respond before the IRS can take money directly from your bank account. During this time, it’s crucial to contact a tax professional to help you protect your assets and negotiate a solution.
At M7 Tax, we understand how stressful and disruptive a levy can be. Our licensed tax experts specialize in stopping IRS levies quickly, giving you time to address your tax debt through strategies such as payment agreements, Offer in Compromise, or hardship relief. An IRS levy is serious, but with immediate action and expert representation, you can stop the seizure, regain control, and move toward a lasting tax resolution with the IRS.
Releasing or Reversing an IRS Levy
When the IRS initiates a levy, it’s exercising one of its strongest collection powers. The agency acts as the federal government’s collector, and once a levy is in place, your bank accounts or wages can be frozen without further warning. However, the IRS must follow legal procedures and taxpayers have rights, rights that are often overlooked unless you have professional representation.
While the IRS won’t volunteer options to reduce or remove your debt, experienced professionals know how to navigate these procedures. Acting on your own can be risky, every step must be taken strategically and on time.
We can often have a levy lifted within 24 hours, providing a temporary pause that allows us to negotiate a long-term solution. Depending on your financial situation, that could mean an Offer in Compromise, a Streamlined or Partial Payment Installment Agreement, or Currently Not Collectible (CNC) status if you’re experiencing hardship.
Our goal is not only to stop the IRS from seizing your assets, but to help you achieve financial stability and permanent relief from tax debt. Since 2013, M7 has helped thousands of clients nationwide resolve complex IRS issues and regain peace of mind, all with proven results and trusted expertise.
1. Why is there a tax levy on my paycheck?
2. Am I at risk for an IRS levy?
- A Notice and Demand for Payment,
- A Final Notice of Intent to Levy, and
- A Notice of Your Right to a Hearing.
If you don’t respond or appeal within 30 days of the final notice, the IRS can proceed with levying your wages, bank accounts, or other assets.
3. What can the IRS levy?
Wages and commissions, Bank accounts, Social Security benefits, Rental income and Accounts receivable
Business assets However, they generally cannot seize essential personal belongings, unemployment benefits, workers’ compensation, or certain pension payments.
4. How much can the IRS levy from my paycheck or bank account?
From your bank account: The IRS can take all available funds in your account up to the amount of your tax debt. However, the bank must hold the funds for 21 days before sending them to the IRS, giving you a short window to resolve the issue.
5. How long does an IRS levy last?
- Your tax debt is paid in full,
- The levy is released (through an appeal, payment plan, or hardship claim), or
- The collection statute expires (generally 10 years from the tax assessment date). A bank levy, on the other hand, is typically a one-time action — the IRS takes funds from the account once per levy notice, though it can issue additional levies later if the debt remains.
6. Can the IRS levy my Social Security benefits?
However, it’s important to note that Supplemental Security Income (SSI) is fully exempt from levy, meaning those benefits cannot be touched by the IRS.
Why M7 Is Your Best Partner for IRS Levy Relief
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✅ E.A. Certified Expert with Extensive IRS and U.S. Tax Law Experience
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✅ Comprehensive Compliance Support & Customized Filing Strategy.
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✅ Trusted by entrepreneurs, investors, and high-net-worth individuals.
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✅ Proven success in reducing tax burdens and resolving IRS issues.
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Need fast relief from IRS collections? Call us today for affordable, transparent pricing and a clear plan to settle your tax debt. Let the trusted tax relief experts lift the weight off your shoulders.