Simply stated, a levy is the actual seizure of a taxpayer's
property. Typically, the IRS will levy a taxpayer's bank accounts or
wages, although other assets such as a taxpayer's home, car, investments,
retirement accounts, rental income and accounts receivables can also be subject
to government seizure. The effects of such enforcement action can be
devastating. Therefore, it is crucial for a taxpayer that has been
subject to a levy to act quickly.
Marc D. Marsico Esq. is experienced in dealing with all forms of
IRS levies and can act quickly to obtain a Release of Levy and in some
situations, a return of seized property.