Blog and News

IRS Levy

Posted Sep 06, 2018

Share Online:

A levy is a legal seizure of a taxpayer’s property to satisfy a tax debt. Individuals and businesses now have more time to file an administrative claim or bring a civil action for wrongful levy or seizure, according to a recent IRS online Tax Tip reminder. The tax reform law passed last December extended the time limit from nine months to two years. The “property” the IRS can seize may be wages, money in the bank or other accounts, vehicles and real estate. Visit for more information.

Posts You Might Also Like:

2021 Arizona Tax Credits

HBL CPAs shows its support for EMERGE! and their efforts in bringing awareness throughout our community to help end domestic violence.