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Bank Levy

An IRS bank levy can be one of the most urgent and disruptive tax problems a person can face. When the IRS freezes and seizes funds directly from your bank account, it creates immediate financial pressure—often stopping you from paying essential expenses. At Tax Resolvers - Caros Group, you receive direct, experienced support from Chad Caros, an Enrolled Agent, Certified Financial Planner, and Certified Divorce Planning professional who works quickly to protect your finances and guide you toward a sustainable resolution.

A bank levy typically occurs after multiple warnings or when the IRS believes that prior attempts to collect have failed. Once your account is levied, the bank is required to hold the funds for a short period before sending them to the IRS. This makes timing critical. Chad immediately reviews your IRS transcripts, evaluates the cause of the levy, and determines the fastest way to release the hold and prevent future enforcement actions.

In many cases, a bank levy can be lifted by entering into an installment agreement, submitting missing tax returns, demonstrating financial hardship, or negotiating an alternative arrangement that satisfies IRS requirements. Chad manages all communication with the IRS on your behalf, ensuring that your situation is clearly explained, thoroughly documented, and handled with urgency.

For clients whose tax issues stem from unfiled returns, back taxes, business-related liabilities, or past IRS actions, Tax Resolvers - Caros Group provides structured, strategic support. Chad helps you gather necessary records, prepare accurate filings, and create a viable resolution plan that stops levies and reduces future risk. He also evaluates whether you qualify for deeper relief options such as an Offer-In-Compromise, penalty abatement, or currently-not-collectible status.

Business owners facing levies on business accounts or revenue streams receive specialized guidance as well. Chad understands the pressure that operational disruptions create and works to protect both personal finances and business continuity. His approach includes examining payroll tax issues, analyzing cash-flow impacts, and forming a plan that stabilizes your tax standing with minimal interruption.

A bank levy is frightening—but it does not mean your situation is beyond repair. With experienced representation and clear strategy, you can protect your remaining funds, prevent future levies, and regain control of your financial life. If the IRS has levied your account or issued a warning notice, contact Tax Resolvers - Caros Group immediately. Chad will act quickly to advocate for you, address the underlying issues, and guide you toward lasting resolution.