tax levies audit 1040

A tax levy is an administrative action that is undertaken by the IRS where it is empowered to seize property from an individual to satisfy a tax bill from an individual or an organization. Such levies take place where an individual or a business has defaulted on the payment of taxes. Audit 1040 Tax Consultants provides such services to its clients and represents the client in a bid to getting the best deal such that the tax levy is as small as it possibly could. This is through engaging in negotiations with the IRS on the amount of property that would satisfy the tax bill that is a liability to the individual or business from the IRS.