Like any creditor, the Internal Revenue Service (IRS) will take aggressive steps in an effort to collect what is owed. Among the tools that the IRS relies on during these collection efforts, tax levies are one of the options they use the most. If you are facing a tax levy, a dedicated tax lawyer might be able to help.

A tax levy can result in the seizure of your personal or business assets. This includes anything from personal property to bank accounts. A Washington DC IRS tax levy lawyer could help you fight back against these levies or even avoid them entirely.

The Difference Between Liens and Levies

It is not uncommon for liens and levies to be confused. Not only does the IRS make use of both of these options during its collection efforts, but the similar-sounding names frequently result in them getting mixed up by a taxpayer.

A tax lien attaches to property owned by the taxpayer. It puts other creditors on notice of the tax debt and prevents the taxpayer from selling the property without first addressing the tax bill.

Levies are different in that they involve seizing money or property that is owned by the taxpayer. A tax levy could attach to anything from real property to motor vehicles to retirement accounts. A Washington DC levy dispute lawyer could assist in bring about a resolution with the IRS.

Options for Stopping a Tax Levy

There are multiple situations where the IRS could release a tax levy. In some cases, they have no option but to release a levy within a short window of time. In other situations, the IRS could voluntarily agree to release a levy in an effort to negotiate with the taxpayer.

The most straightforward way to end a tax levy is by paying the full amount owed. When this happens, the IRS is required to release the levy. However, many people lack the assets to make this option viable.

The IRS will agree to release a levy under certain circumstances. First and foremost, these agreements are made when the IRS believes it will facilitate the taxpayer paying their tax bill sooner. For example, they could release a levy and allow the taxpayer to sell the item, then pay the tax debt using the sale proceeds.

The IRS will also frequently release a lien in favor of an installment agreement. An installment agreement is a written contract that requires the taxpayer to make regular payments until the debt is paid.

The Best Interest of the Taxpayer

In other cases, the IRS could release a levy because it is in the best interest of the taxpayer. This outcome can be difficult to obtain without the guidance of a local IRS tax levy attorney. The IRS has the ability to release a levy when it determines the value of the property is greater than the tax debt, and the release will not hinder the government’s collection efforts. Additionally, the IRS could agree to release a levy if it would prevent the taxpayer from meeting their basic needs.

Contact a Washington DC IRS Tax Levy Attorney Right Away

If you are facing a tax levy, it can worsen an already tough financial situation. The good news is that it could be possible to work with the IRS to remove the lien and provide a reasonable avenue to repay the debt. Let a Washington DC IRS tax levy lawyer guide you in your tax debt resolution efforts. Call now to get started.

Attorney John Pontius

Pontius Tax Law, PLLC is a tax law firm that strives to resolve sensitive tax problems through trust, dedication and value. The law firm was founded by John Pontius with offices in Washington, DC,  Rockville, MD, Bethesda, MD, Fairfax, VA, and Alexandria, VA. Mr. Pontius represents individual and business clients with sensitive and serious tax matters before the Internal Revenue Service and state taxing authorities. His client base is local, national, and international.

Over the course of his career, Mr. Pontius has represented businesses and individuals with complex tax issues in the following areas: FBAR examinations, offshore and domestic disclosures, FATCA, FIRPTA, tax planning, unfiled tax returns, release of tax liens and levies, trust fund recovery penalty, IRS and state audit examinations, as well as appeals, penalty abatement, U.S. Tax Court litigation, along with defense of tax fraud and evasion. If you require assistance from a tax lawyer, contact Mr. Pontius to discuss your situation.

Client Reviews
John helped us with a DC tax audit and succeeded in getting us a "no change" final decision. The issues were related to two flow-through entities and the use of carry-forward operating losses -- something that the DC auditors struggled to understand and with which they did not have any...
Paul A
Mr. Pontius is extremely professional and was able to take care of my tax returns which includes international bank accounts quickly and at a very reasonable price. Would definitely recommend.
I received a fee this past November from the IRS for over $800 because of an error I made on my 2016 taxes. I called my cousin, John Pontius, and he immediately knew what steps needed to be taken. Thanks to him, the fee was cleared. A 10 minute conversation...
As an American citizen living in the Middle East my local banker informed me that I needed to file FBARs and report my worldwide income to the IRS. Through the recommendation of another attorney at an international law firm, I was introduced to John Pontius. Mr. Pontius efficiently and effectively...
Kareem S
John handled a difficult IRS lien for my client. He was excellent in getting the lien released so we could close on the property. I would highly recommend John .
Bobbie M
We were seeking tax advice with managing two properties, LLC, as well as some future financial planning. John responded to my call in a timely manner and was happy to answer our questions while referring us to specialists who can manage our accounts on a more regular basis.
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