Vero Beach Tax Attorneys Assisting With Tax Levies In Fort Pierce, Stuart, Port St. Lucie, Jupiter & All of Florida

Many Americans find out too late that the government can utilize personally invasive tactics to recover unpaid tax debts—such tactics are known as tax levies, and take many taxpayers by surprise when they see that money has been withheld from their wages or liens have been placed on property titles. Technically speaking, a tax levy is an umbrella term for a number of methods the government may use to recover unpaid tax debts from individuals and businesses.

The IRS does is not legally required to obtain a court before applying a tax levy, and once applied against an individual or business it may recover taxes by levying wages, bank accounts, social security payments, accounts receivable, insurance proceeds, real estate, and even a taxpayer’s personal residence. Banks are required to hold funds for 21 days to permit the taxpayer to resolve the debt or dispute. After 21 days the bank releases the funds to the IRS.

Individuals that have learned of levies on their finances are usually extremely concerned that can be done to remedy their situations and that they will be forced to live off less wages until the government has bled them dry—fortunately, there are is the potential for relief. Depending on the circumstances and the type of levy, relief may be found through offers in compromise, penalty abatement, and installment agreements, among others.

Negotiations for such solutions can be complex and in some instances improper negotiation may make tax problems worse. Taxpayers in Indian River, Martin, and St. Lucie Counties facing a tax levy or any tax problem should contact the tax attorneys at Yesner & Boss, P.L. for a free consultation. Serving Vero Beach, Fort Pierce, Port St. Lucie, Stuart, Hobe Sound, Jupiter and all parts of the Treasure Coast, the highly skilled lawyers at Yesner & Boss, P.L. are dedicated to negotiating the best possible tax problem solutions for their clients.