How We Stopped an IRS Levy – A Tax Debt Made Worse by Life-Changing Events
Our client was already dealing with an IRS tax liability when his life took an unexpected turn. His wife underwent a leg amputation, and shortly after, he lost his job. Between mounting medical expenses and the sudden loss of income, he struggled to gather the documentation the IRS required.
The IRS Moved to Levy His Bank Account
Despite his difficult circumstances, the Revenue Officer (RO) assigned to his case showed little leniency. After a missed deadline to submit paperwork, the RO made the decision to levy his bank account. This action threatened to strip him of the limited funds he had left, leaving him unable to cover essential living and medical expenses.
How We Stopped an IRS Levy and Reversed It
Understanding the severity of the situation, we took immediate action. We contacted the IRS and successfully negotiated a reversal of the levy, ensuring the client regained access to his much-needed funds. But we didn’t stop there—we knew he needed a long-term solution to avoid future collection threats.
Securing Currently Not Collectible Status
We conducted a detailed financial analysis and presented compelling evidence that our client had no ability to pay his tax debt. As a result, we secured a Currently Not Collectible (CNC) status, halting further IRS collection efforts. This gave him the financial relief he desperately needed, allowing him to focus on his family’s well-being.
Facing IRS Collections? We Can Help.
If you’re struggling with tax debt and facing aggressive IRS actions, you don’t have to go through it alone. At Dickmann Tax Group, we specialize in protecting taxpayers from enforced collections and finding the best resolution for their situation. Contact us today to discuss your options and take control of your financial future.