Jacksonville Bank Levy Attorney
Owing money to the IRS is a serious problem. There are a variety of methods for collecting tax debts, one of which is imposing a bank levy. This authorizes the IRS to seize funds in your financial accounts. To prevent this, get our Jacksonville bank levy attorneys on your side.
As a licensed attorney, Certified Public Accountant, and former Special Agent for the FBI, Ronald Cutler, P.A. has been protecting clients against bank levies and other serious tax penalties for 50 years. When dealing with potential bank levies, do not delay. Contact our Jacksonville bank levy attorneys today.
Have You Received Notice of a Bank Levy From the IRS?
A bank levy is a legal action that can be used by creditors to collect on outstanding debts. It authorizes your financial institution to freeze your accounts. These assets can then be seized to satisfy the debt you owe.
Creditors must generally obtain a court judgment against you in order to put a levy in place. Unfortunately, this is not the case with the Internal Revenue Service (IRS). The IRS uses bank levies to collect on taxes you owe. if you currently have past due taxes, have fallen behind on prior payment plans, or have unfiled tax returns, you may receive notice of a bank levy. If you do or are likely to receive this type of notice in the future, it is important to reach out to our Jacksonville bank levy attorneys right away.
Get Our Jacksonville Bank Levy Attorneys on Your Side
The money you keep in bank accounts provides for you and your family, making sure your basic needs are met and that your monthly obligations are paid. If you are a business owner, these funds likely go to paying employees and other overhead costs. Having the IRS seize these funds can be disastrous.
In these situations, Jacksonville bank levy attorney Ronald Cutler provides the legal representation you need. With 50 years of experience successfully helping clients resolve even the most complex tax issues, we can take swift action to prevent a bank levy from happening.
When the IRS issues a bank levy, there is a 21-day holding period. Our bank levy attorneys use this time to do the following:
- Dispute the debt owed: According to IRS data books, the government agency processed more than 250 million tax returns in 2019. It is easy for mistakes to be made. Relying on our experience with tax codes and regulations, we can carefully comb through your accounts, gathering evidence to dispute the debt.
- Make payment arrangements: The purpose of a bank levy is to satisfy outstanding tax debts. As an experienced tax attorney, Ronald Cutler can help you negotiate an affordable payment plan with the IRS to avoid a bank levy and get your account back on track.
Reach Out to Us Today for Help
To prevent seizure of your funds through a bank levy, get the team at the office of Ronald Cutler, P.A. working on your side. Call or contact our Jacksonville bank levy attorneys online and request a free consultation today.