Ohio Tax Levy Law Services

Experienced Guidance from Qualified Tax Attorneys

Having a tax levy imposed on you, your business, or your organization can be overwhelming and scary. With a tax levy, the IRS has the ability to seize your personal property or withhold your wages. This can threaten your personal financial security and/or the stability of your business. If this has happened to you, the tax levy attorneys at Haynes Kessler Myers & Postalakis are here to help.

Our dedicated team of experienced attorneys is committed to offering the highest level of service in navigating the complexities of tax levy laws. With our extensive knowledge, we strive to provide effective and personalized solutions to protect your rights and assets while minimizing the impact of tax levies. Whether you are an individual or a business, we are ready to guide you through every step of the process, helping you fulfill your tax obligations without undue burden.

If you are struggling with a tax levy, reach out to our Ohio tax levy lawyers. Contact us online or call our firm at (614) 892-9909.

What Are Tax Levies?

Tax levies are legal seizures of property or assets to satisfy tax debt. When a taxpayer fails to pay their taxes or make arrangements to settle their debt, the Internal Revenue Service (IRS) may issue a levy. This means that the IRS can seize and sell any personal or real property that you hold or have a right to. This includes anything from your car and house to your wages and bank accounts; even your retirement accounts are not exempt.

The impact of tax levies is felt significantly by both individuals and businesses. For individuals, a tax levy can lead to financial hardship, often leaving them without the funds necessary to pay for basic living expenses. Companies, on the other hand, can face operational disruptions, as tax levies may seize assets such as machinery, inventory, and accounts receivable, which are crucial for daily operations.

Non-profit organizations are not exempt from tax levies either. Despite their tax-exempt status, they can face penalties and levies if they fail to comply with certain tax rules. The seizure of a non-profit's assets can severely impact its ability to function, often jeopardizing the services it provides to the community.

How Can an Attorney Help With Tax Levies?

Tax levy attorneys like ours at Haynes Kessler Myers & Postalakis play a crucial role in assisting individuals, businesses, and non-profits to navigate through the dense maze of tax laws and procedures. If you are subject to a tax levy, seeking legal counsel could be the best decision you make.

Here's how an experienced tax levy attorney can help:

• Interpretation of Tax Laws: Tax laws are incredibly complex. Experienced attorneys have the necessary knowledge to provide clear interpretations of these laws, aiding you in fully comprehending your situation.
• Negotiation with the IRS: Attorneys can represent you in negotiations with the IRS, aiming to reach an agreeable resolution or potentially reduce the amount of tax you owe.
• Preventing Asset Seizure: With legal assistance, it might be possible to prevent the seizure of assets by setting up payment plans, compromises, or proving that the levy causes undue hardship.
• Protection of Rights: A tax attorney will fight to protect your rights throughout the tax levy process. They can also help you understand what the IRS can and cannot do legally.
• Legal Advice: A tax levy attorney can provide valuable guidance on possible legal recourses, helping you make informed decisions about your case.

Hiring a tax levy attorney could make a significant difference in handling the challenges posed by tax levies. They provide the essential support needed to protect your rights, minimize the impact of the levy, and help you through the process with confidence.