Bank Levies Unveiled: Can the IRS Take Your Money? And How to Stop Them!

In 2023, the Internal Revenue Service (IRS) issued 286,270 levies through their Automated Collection System and Field Collection programs, demonstrating the lengths they go to collect unpaid taxes. The number highlights that many Americans are subject to bank levies when they fail to pay their taxes on time. It’s important to understand what a bank […]