IRS Liens & Levies Services

A CPA firm can help resolve IRS liens and levies by evaluating the taxpayer's situation, identifying which resolution options are available, and taking the necessary steps to address the underlying tax debt. Tsamutalis & Company explains that resolving an IRS lien typically involves either paying the full amount owed or entering into a resolution agreement such as an installment plan or offer in compromise that satisfies the IRS and leads to the lien being released or subordinated. For a levy, the priority is often to stop the seizure before it causes further financial damage. A representative can communicate with the IRS to request a levy release, demonstrate that the levy is creating economic hardship, or show that the taxpayer is actively working toward resolution. In cases where a levy has already occurred, the firm can work to recover funds when possible and prevent future levies by establishing a formal payment or resolution arrangement.

When a taxpayer receives a notice of an IRS lien or levy, the most important step is to respond quickly and not ignore the notice. Tsamutalis & Company notes that the IRS provides certain rights and timelines, and failing to act within those windows can limit the options available. Contacting a qualified representative as soon as possible is strongly recommended because a CPA or tax professional can assess the situation, determine what response is most appropriate, and communicate directly with the IRS on the taxpayer's behalf. The representative can review the underlying tax debt, evaluate whether the amount the IRS claims is accurate, and determine whether any errors or procedural issues exist that should be challenged. Depending on the stage of collection, the representative may request an extension, file an appeal, or propose a resolution arrangement. Acting quickly preserves more options and gives the taxpayer a better chance of resolving the situation with the least possible financial and operational disruption.