With an IRS bank levy, the IRS will contact your bank and freeze your bank account. After 21 days, your bank is required to send the funds plus interest. In many cases, the IRS may not levy your bank account and instead levy your wages. If you have enough ...
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An IRS levy will be imposed on a taxpayer who owes delinquent taxes. The person is then unable to access their frozen bank account to pay the back taxes, and there was not enough ...
