The IRS’ most lethal collection weapon is a tax levy, which it can use to seize and sell your assets to pay what you owe. These assets can include our wages, homes, retirement plans, Social Security and disability payments, etc. Worse, IRS levies are frequently automatically issued by a computer!
However, the IRS’ authority to do this is limited by a variety of legal and procedural restrictions.
If the IRS has levied on your assets or has sent you a letter that it intends to do so, there are a variety of ways to prevent this action or to obtain a release of levy. But time is essential and you must act quickly.