The IRS Levy is not the same thing as a federal tax lien, which is the IRS’s authorization to seize property. The IRS Levy is the act of the seizure or property, assets or income.

The federal government is empowered to enforce the IRS Levy if you were too slow to try to work with the IRS to reach agreement. This means they can begin to garnish your wages without your consent in an attempt to recover the money you owe them.

The IRS Levy usually comes into effect when a person ignores the tax office’s requests for payment of taxes you owe. It can also be enforced if you call the IRS and try to make payment arrangements on a large tax debt that are just too small to pay off the amount you owe.

If this occurs and they begin to garnish more money from your income than you expect, this could seriously leave you with not enough money to support yourself or your family. You could lose control of all your income, your assets or your property.

The IRS Levy could also mean garnishing the income you receive from social security or disability payments or even refunded taxes.

Another reason for the IRS Levy may come into force if you have already made a payment agreement to try to repay your tax debt and that you miss payments or do not adhere to the agreed payment plan for you.

In addition to seizing the wages and other income, the IRS Levy may also seize bank accounts or the sale of your property.

Perhaps the easiest way to avoid an IRS Levy is to contact the government department to which you owe money and work through a reasonable payment plan that you can stick to comfortably while still paying off the debt. Once you’ve entered into this arrangement, be sure you keep up with your payments on time, every time.

If you’re not confident to deal with the prospect of an IRS Levy on your own, then consider hiring a tax lawyer to act as an intermediary. You might find that a professional who has a deeper understanding of some of the more complicated tax issues might be able to direct you to things you might not have considered.

These issues could include tax forms that you may be entitled to legal aid or even to negotiate for an offer of compromise with the IRS.

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