How to Stop an IRS Levy

Knowing how to stop an IRS levy is puts individuals, corporations, and small businesses at an advantage, and all it takes is some common sense and knowledge of how the tax and accounting game works.

An account and tax lawyer can help you avoid a levy by the IRS, of course, but knowing which ones can help you with all the details of your situation can be confusing.

If you need IRS tax help because of a tax lien notice you've received, there are people just a phone call or a few clicks away from being able to assist you. To stop an IRS tax levy, the most obvious remedy is to of course pay your back taxes.

You may not agree with the decision to audit you and forcibly seek money the government feel you owe, but ultimately it will get them off your back quickly--saving you a tremendous amount of mental and emotional stress.

An accountant can help you get your "books in order", and will advise you on what to do as far as payment schedules and things like that go. Hire a tax lawyer if things as serious as property seizure happens--or is about to happen, preferably.

The best way to avoid an IRS levy is to keep good financial records, pay your taxes on time, and learn how to take advantage of all the tax credits and write-offs possible. Simply refusing to pay your taxes will reap serious consequences, as folks like Willie Nelson have found out the hard way.

Another solution for how to stop an IRS levy is to propose an "Offer in Compromise", which involves offering a certain sum of money short of the full amount sought in an IRS lien. Part of the compromise involves a written, signed promise to pay on time for a certain period of years.

A tax attorney can help you prepare and file this in the face of an audit, lien, or levy. Another option is to reach a tax settlement, whereby payments are made on the levied sum in regular increments.

Whatever you do, waiting for the problem to go away won't solve matters for you. Consult a good tax lawyer, read books like "Secrets of the IRS Collection Process" written by a former tax collector, have an accountant help you balance your financial records each year, and don't wait for them to seize your home, vehicles, and other property before you discover how to stop an IRS levy!