In the event there’s an unpaid liability, the IRS can issue a statutory Notice of Intent to Levy. This gives the IRS the ability to garnish your wages or empty your bank account. “Levy” is a very broad term as it can attach to all manner of property. If you’ve received a certified letter, this could be an indicator that levy action is the next step. Give me a call to determine where you’re at in the collection process and if steps should be taken to insulate you from any proposed levy or enforced collection action.
