Tax Levy

Notice of Levy: A formal notice sent to the taxpayer informing them of the government&#x27;s intent to levy their property or assets to satisfy unpaid tax debts.
Seizure of Property: The legal process of seizing the taxpayer&#x27;s property or assets, such as wages, bank accounts, real estate, and other assets, to satisfy the tax debt.
Appeal Rights: The taxpayer&#x27;s right to appeal the levy and request a hearing to dispute the levy or negotiate alternative payment arrangements.
Release of Levy: The process of releasing the levy once the tax debt has been paid in full or an acceptable payment arrangement has been made.

What is a Tax Levy?

A legal seizure of property to satisfy a debt. A tax levy is used to collect unpaid taxes. It can affect wages, bank accounts, and assets.

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