IRS Bank Levy Release
Stop the IRS From Freezing Your Money
How to release your bank account and protect your income from IRS levies
IRS Bank Levy Relief
A bank levy is one of the primary methods the IRS uses to collect unpaid taxes.
Among all IRS collection actions, it’s often the most sudden and disruptive, catching taxpayers completely off guard.
With just a single notice to your bank, the IRS can freeze the funds in your account, cutting off access to your own money. Unlike a wage garnishment, which you’re usually notified about in advance, a bank levy often comes without warning. Many people only discover it when a check bounces or their card is declined at the register.
The best strategy is always to prevent a bank levy before it happens. But even if the IRS has already frozen your account, M7’s tax professionals can often intervene quickly to have the levy released and help you regain control of your funds.
If the IRS Levies Your Bank Account
If the IRS determines that you owe unpaid taxes, they will begin by sending a series of official notices, including a Notice and Demand for Payment. If those go unanswered, you’ll eventually receive a Final Notice of Intent to Levy and a Notice of Your Right to a Hearing. Once 30 days have passed after that final notice, the IRS gains the authority to levy your bank account and take available funds.
The IRS generally already has your financial account details through prior returns or third-party reports.
This allows them to legally seize money from your checking, savings, or even certain retirement accounts.
When the IRS decides to move forward with a bank levy, they contact your bank and instruct it to freeze the funds in your account. This freeze lasts for 21 days, during which you can take steps to have the levy removed. If no action is taken within that time, your bank must send the held funds to the IRS. In most cases, the process begins 30 days after the final notice, followed by the 21-day hold period.
If the amount collected doesn’t fully satisfy your balance, the IRS can issue additional levies until the total debt is paid. There is no limit to how many times they can do this; levies may continue until your tax liability is resolved in full.
Releasing or Reversing an IRS Levy
The 21-day window after a bank levy is issued is your best opportunity to act. You can pay the full balance, including tax, penalties, and interest, but many taxpayers simply cannot afford to do so. Fortunately, there are other effective ways to remove or release an IRS bank levy.
The IRS must release a levy when certain conditions are met. We can help you:
Arrange an Offer in Compromise (OIC) or Installment Agreement that includes the levy release;
Prove that the levy creates serious financial hardship; or
Show that the statute of limitations on collections expired before the levy was issued.
In some cases, we can also challenge whether the IRS properly followed its procedures when placing the levy.
If you’ve already received a final notice, you can contact the IRS directly using the phone number provided. However, when you work with our experienced IRS tax professionals, we can often have a bank levy stopped or released within 24 hours.
Our proven approach delivers consistent results — our clients have achieved over a 90% success rate in negotiated settlements and routinely pay just a fraction of their original tax debt, with industry-leading satisfaction and long-term relief.
1. Can the IRS levy my bank account?
2. Can the IRS levy my bank account without notice?
3. How much money can the IRS garnish from my bank account?
4. How long does a bank levy last?
5. How often can the IRS levy my bank account?
6. How long does it take to remove an IRS bank levy?
We Can Help Stop Your IRS Bank Levy
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