A levy is a taxing authority’s way of forcibly taking moey that is owed. Levies can be issued against bank accounts, wages, tax refunds(federal and state)and other income sources. In the case of a bank account levy, taxing authorities can seize funds in your checking and savings.There are many options that can be used to release a levy, and have your money returned to you and set up a possible payment plan

It is important to note that each state has specific laws that they must follow.A levy can be permanent  freeze on your accounts or a one-time collection. This doesn’t only affect your ability to pay bills and living expenses, but can be hard on future earnings. Sunrise Tax Resolution can help in the release of a levy and help protect it from happening in the future.