Bank Levy and Tax Lien Help Tacoma

Bank Levy and Tax Lien Help Tacoma:
Protect Your Finances Today

Dealing with tax debt can be overwhelming, especially when the IRS imposes a bank levy or tax lien on your assets. At Sterbick & Associates, we provide professional legal assistance to individuals and businesses facing IRS collection actions in Tacoma, WA. Our team is dedicated to helping you remove levies, resolve tax liens, and negotiate with the IRS to restore financial stability. If you’re struggling with tax problems, our experienced tax attorney can guide you through the process. If you need bank levy and tax lien help Tacoma, our firm is ready to assist you.

Bank Levy and Tax Lien Help Tacoma

Understanding Bank Levies and Tax Liens

A bank levy is a legal action that allows the IRS to freeze and seize funds from your bank account to satisfy unpaid taxes. A tax lien, on the other hand, is a claim against your property that can make it difficult to sell assets or secure financing. Both can severely impact your financial health, but you have options to challenge and resolve them. Our tax consultation services provide personalized strategies to navigate these complex tax solutions. If you are searching for bank levy and tax lien help Tacoma, we offer legal solutions to protect your assets.

How Do Bank Levies Work?

  • The IRS issues a Notice of Intent to Levy before freezing your bank account.

  • Your bank is required to hold the funds for 21 days, allowing you time to seek legal assistance.

  • If no action is taken, the IRS will withdraw the money from your account to pay your tax debt.

  • A levy can drain your account completely, leaving you without access to essential funds.

What Is a Tax Lien?

  • A tax lien is a public claim against your assets due to unpaid taxes.

  • It affects real estate, vehicles, and other valuable property.

  • A lien does not immediately seize your assets but can prevent you from selling them.

  • Liens can harm your credit score, making it difficult to obtain loans or new lines of credit.

If you are experiencing financial strain and need bank levy and tax lien help Tacoma, we can provide expert guidance to resolve your case efficiently.

Bank Levy and Tax Lien Help Tacoma

Bank Levy And Tax Lien Support In Tacoma

When Should You Seek Bank Levy and Tax Lien Help in Tacoma?

If you receive a notice from the IRS about an impending levy or lien, you should act immediately. Here are signs that you need legal assistance:

  • You’ve received an IRS Notice of Intent to Levy.

  • Your bank account is frozen or you’re unable to access funds.

  • The IRS has filed a tax lien against your property.

  • You are facing wage garnishment due to unpaid taxes.

  • You want to negotiate a payment plan but are unsure where to start.

Delaying action could worsen your financial situation. Seeking bank levy and tax lien help Tacoma early can prevent serious consequences.

The Consequences of Ignoring IRS Tax Levies and Liens

Ignoring a bank levy or tax lien can result in serious financial and legal consequences. If you fail to take action, the IRS can move forward with further collection efforts, including:

  • Complete Asset Seizure: The IRS may seize and sell your property to cover unpaid taxes.

  • Ongoing Wage Garnishment: If a bank levy does not fully satisfy the debt, the IRS may garnish your wages.

  • Business Impact: Tax liens can damage business credit and restrict operations.

  • Long-Term Financial Struggles: A lien can remain on your credit report for years, affecting your ability to obtain loans or refinance properties.

Seeking professional help from Sterbick & Associates can help you avoid these severe penalties and find a practical resolution. Our tax lawyer can negotiate with the IRS to minimize your liabilities and provide tax relief. Contact us today for bank levy and tax lien help Tacoma.

Legal Strategies to Stop a Bank Levy in Tacoma

At Sterbick & Associates, we implement strategic legal approaches to prevent or remove bank levies. These include:

  • Negotiating an Installment Agreement: We arrange payment plans that allow you to settle your debt over time, preventing further IRS action.

  • Filing for an Offer in Compromise: If you qualify, we can help you reduce your tax liability by negotiating a lower settlement amount.

  • Proving Financial Hardship: We present evidence to the IRS that a levy would cause undue hardship, which may result in a levy release.

  • Filing for a Bank Levy Release: We work directly with the IRS to request the removal of the levy while setting up an alternative resolution plan.

Taking swift legal action can prevent significant financial loss and disruption. Our experienced tax attorney will review your case and determine the best approach for your situation. If you need bank levy and tax lien help Tacoma, we are here to assist.

Our firm, member of the Washington State Bar Association (WSBA) and the Washington State Trial Lawyers Association, handles every stage with diligence, ensuring you are equipped with a persuasive case.

 
Bank Levy and Tax Lien Help Tacoma

Legal Solutions For Bank Levy & Tax Lien In Tacoma

Resolving Tax Liens and Preventing Further IRS Actions

Tax liens can be removed or mitigated through different legal processes. Our team at Sterbick & Associates assists clients in the following ways:

  • Lien Withdrawal: If the IRS incorrectly placed a lien or if you qualify under specific criteria, we can request its removal.

  • Lien Subordination: This allows you to take out loans or refinance despite an existing lien, improving financial flexibility.

  • Lien Discharge: If specific property is not necessary to satisfy the tax debt, we can request a discharge to remove the lien from that asset.

  • Negotiating Settlements: Through IRS programs, we work toward reducing the impact of tax liens on your finances.

If you are looking for bank levy and tax lien help Tacoma, we can provide legal solutions to remove tax liens efficiently.

Contact Sterbick & Associates: Your Trusted Tax Relief Attorneys in Tacoma

At Sterbick & Associates, we are committed to protecting your financial future. Whether you’re facing a bank levy, tax lien, wage garnishment, or other IRS collection actions, our experienced legal team is ready to help.

  • Decades of Experience in Tax Law and IRS Dispute Resolution

  • Personalized Legal Strategies to Fit Your Financial Situation

  • Proven Success in Preventing and Removing IRS Levies & Liens

  • Dedicated Representation for Individuals and Businesses

If you need bank levy and tax lien help Tacoma, don’t wait until it’s too late. Contact us today for a confidential consultation and take the first step toward financial relief.

Contact us now at 253-265-4695 or send us a message for a consultation.

Frequently Asked Questions

A bank levy can be stopped by negotiating an installment agreement, proving financial hardship, or securing a levy release. Our firm provides legal strategies to help remove levies and protect your funds.

A tax lien remains until the debt is paid or legally resolved. In some cases, it can be removed through IRS programs or negotiated settlements.

Yes, tax liens can be removed through withdrawal, subordination, or discharge. Our firm helps clients explore the best legal solutions to remove or mitigate tax liens.

A tax attorney understands tax laws, negotiates with the IRS, and provides legal solutions to protect your assets and resolve tax disputes effectively. Contact us for expert assistance.