When the IRS can’t collect unpaid taxes through normal channels, they may resort to more aggressive action—including seizing your assets. This is known as a levy—and it’s one of the most serious enforcement tools the IRS has.
At Polaris Tax & Accounting in Plantation, FL, we help Florida residents stop levies before they happen—or reverse them when possible.
What Is an IRS Levy?
A levy is a legal seizure of your property to satisfy a tax debt. This can include:
- Bank account levies
- Wage garnishments
- Seizure of physical assets (cars, business equipment, etc.)
- Social Security levy (up to 15% of monthly benefits)
Unlike a lien—which is just a claim—the levy actually takes the money or property.
What Triggers a Levy in Florida?
- You owe the IRS and haven’t responded to notices
- You failed to set up a payment plan
- You ignored prior attempts to resolve the debt
Before a levy is issued, the IRS must:
- Assess the tax
- Send a Notice and Demand for Payment
- Send a Final Notice of Intent to Levy (usually CP504 or LT11)
- Wait 30 days
That’s your window to act.
How Polaris Helps Florida Clients Stop IRS Levies
- Immediate IRS contact to request a collection hold
- File unfiled returns to bring you into compliance
- Negotiate payment plans or apply for hardship relief (CNC)
- Submit an Offer in Compromise if you qualify
- Appeal the levy if it was issued in error
We’ve successfully helped Florida taxpayers lift levies and regain access to frozen funds.
Local Tip: Florida Has No State Income Tax—but That Doesn’t Stop the IRS
Even though Florida doesn’t have a state income tax, the IRS operates federally. That means levies, wage garnishments, and seizures can happen just as aggressively here.
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Final Thoughts
An IRS levy doesn’t have to be the end of your financial security. Act fast, and we can help you negotiate relief, reverse the damage, and prevent future seizures.