Liens, Levies, and Garnishments

What is an IRS Lien, Levy, or Garnishment

  • An IRS Lien is ….
  • An IRS Levy is ….
  • An IRS Garnishment is ….

The IRS’s first step in the collection process is usually the imposition of a tax lien, which is placed as an encumbrance on the taxpayer’s property to secure payment. After a lien is in place, the next step is often an IRS levy (i.e. seizure) of assets for pay the outstanding tax. Generally, the IRS will levy bank accounts, seizing all available funds without notice. If collections continue long enough, the IRS may eventually garnish the taxpayer’s wages for payment, taking a portion of the taxpayer’s wages every pay period until the taxes are paid in full.


How to Respond to an IRS Lien, Levy, or Garnishment

In all cases, the IRS will provide notice before issuing a lien, levy, or garnishment. If you have received such a notice, is imperative that you respond promptly, and appropriately. There are a number of steps that a competent tax attorney can take to prevent or limit the IRS’s collections’ efforts once these notices have come. However, once a lien, levy, or garnishment is in place, it becomes harder to obtain the same relief. If you are currently under an IRS lien, levy, or garnishment, or have received notice of a lien, levy, or garnishment, call the tax attorneys of the Business Law Group today!

Call the Colorado Tax Attorneys at the Business Law Group

The tax attorneys of the Business Law Group can help you respond to, navigate, and resolve IRS liens, levies, and garnishments, allowing you to focus on the important things in life. Call us today!