Your card gets declined. You log into your banking app and see a zero balance—or worse, a negative balance. The IRS has issued a bank levy.
A bank levy means the government has legally seized the cash in your accounts to pay your tax debt. You now have a 21-day holding period before the bank hands your money over to the federal government permanently.
You need to act today. Bernell Ward specializes in proving financial hardship to get bank levies released fast.
How we stop the bank levy:
Frequently Asked Questions:
How quickly can a tax accountant stop a bank levy? If we can prove immediate economic hardship, we can often secure a release of the levy within a few days.
Can the IRS take my business bank account in the Bronx? Yes. If you owe business taxes or commingle personal and business funds, the IRS can freeze business operating accounts. We act urgently to protect your payroll and operating funds.
Ward's Accounting Service, Inc. is a professional tax representation and accounting firm. We are not a debt settlement company and do not provide debt services for non-tax-related debts, such as credit cards or personal loans. Our services are focused exclusively on IRS and State tax matters.