When the IRS can’t collect unpaid taxes through normal methods, they may initiate harsh actions—including levies and bank seizures. These steps are serious, but they are also preventable with the right help.
At Polaris Tax & Accounting, we support taxpayers across North Carolina who are facing IRS enforcement actions and need to stop a levy fast.
What Is an IRS Levy?
An IRS levy allows the government to seize your property to settle a tax debt. This may include:
- Bank levies (freezing and removing money from your bank account)
- Wage garnishments
- Asset seizures (vehicles, equipment, etc.)
- Social Security garnishment (up to 15% of benefits)
Remember: a lien is a claim—a levy is the actual taking of your property.
What Leads to a Levy in North Carolina?
- Unpaid back taxes with no payment plan in place
- Multiple ignored IRS notices
- Failure to file tax returns
Before levying assets, the IRS will:
- Assess the tax
- Send a formal bill (Notice and Demand for Payment)
- Issue a Final Notice of Intent to Levy (CP504 or LT11)
- Allow 30 days to resolve or dispute
How Polaris Helps North Carolina Clients
- Stop levies quickly by contacting the IRS and requesting a temporary hold
- File back returns to restore compliance
- Negotiate payment plans tailored to your budget
- Apply for hardship status (Currently Not Collectible)
- Submit an Offer in Compromise to reduce what you owe
We work with clients in Charlotte, Asheville, Raleigh, and statewide.
Local Note: The IRS Can Levy Even Without a State Tax System
North Carolina does have a state income tax—but IRS enforcement happens on a federal level, regardless of local rules. Delays increase your risk of asset seizure.
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Final Thoughts
The IRS doesn’t issue levies out of nowhere—but once they begin, they’re hard to undo without professional help. Polaris can intervene and help you take back control.