The client hired us to negotiate on their behalf with the IRS after attempting to fully pay their debt by refinancing their home. The IRS did not respond timely to the refinancing request and the client lost that opportunity. Additionally, their Revenue Officer had erroneously issued a levy on the client’s bank account as well! This caused the client to be late on their mortgage payment among other necessary expenses.
We immediately began work appealing the decision to enforce collections on the client. Upon review of the levy and how it was issued, we were able to prove that the appropriate procedure was not followed by the IRS. As such we were able to release the levied funds on the client’s account within one business day from when the levy hit!
Occasionally, the IRS will make mistakes that affect clients negatively. Thankfully, our fast acting on this erroneous levy was able to reduce the possible overdraft fees and loss of funds for our client.
Obviously all tax situations are different, however if you would like to learn more or schedule time to discuss your own tax issues, please click here and we would be happy to assist you.