If you’ve been negatively impacted by an IRS levy, it’s important to get help from a tax attorney. However, you may be wondering what a lawyer can possibly do for you at this stage.
Lawyers can help you in several ways. Levies are not irreversible and the IRS will take the unique circumstances that affect your case into account.
Help With Releasing Your Levy
If a levy is causing you economic hardship, you can contact the IRS and ask them to release it. It’s usually better if this is done with the help of an attorney.
This is because you’ll have to show the IRS why the levy is affecting you or your business in a negative way. An experienced lawyer will understand what the IRS is looking for and be able to present them with facts from your case that will sway them in your favor. They’ll do this in line with laws that you won’t be as familiar with as an attorney would be.
Help With An Appeal
If you’ve already tried to get the IRS to release a levy and they haven’t, you may feel discouraged. However, it may be that there was information they required that you didn’t provide because you didn’t understand the system as well as a lawyer would.
Tax attorneys from Hillhursttaxgroup.com can help you to navigate this challenging situation. You can appeal the decision that was made by the IRS with their help and quite possibly receive a better outcome.
Ask To Have Levied Vehicles and Businesses Returned To You
The IRS can sieze any of your assets in order to sell them and use the cash to meet your tax obligations. This includes assets such as trucks and cars which may be needed by your business.
A lawyer can help you to ask that levied vehicles be returned to you. They can help you to show that you need the property in order to earn. This includes property such as land that you own, on which you have a business that you also own.
Get Back Your Cash
The IRS can take money from all of your bank accounts, including accounts that are linked to your business. This can affect your cash flow in such a way that it puts your business at risk, even if the IRS doesn’t seize your business. You can file a claim to have cash that’s been seized by the IRS returned to you. A knowledgeable attorney can help you with this process.