State Tax Levy

A state tax levy is a legal seizure of property by a state tax authority.

Typically, a state tax levy only comes after back taxes have fallen far into arrears and the state has not entered into an agreement with the taxpayer to resolve the debt.

State tax levies can extend to seizures of automobiles, real estate, wages, and more.

What Is a State Tax Levy?

A state tax levy is a legal seizure of property by a state tax authority.

Typically, a state tax levy only comes after back taxes have fallen far into arrears and the taxpayer has not entered into an agreement with the state to resolve the debt.

State tax levies can extend to seizures of automobiles, real estate, wages, and more.

What-is-a-State-Tax-Levy
What-is-a-State-Tax-Levy
State-Tax-Levy-Information
State-Tax-Levy-Information

State Tax Levy Information

It’s not always obvious what to do about a threatened state tax levy. Many taxpayers don’t know how bad their situation is until they see that their wages are being garnished or that their tax refunds are taken to pay back taxes.

The chances of stopping or preventing a state tax levy go down over time, especially if no action is taken.

The good news is that there are options available to you, including appealing the levy, entering into a payment arrangement with the state, or attempting to have the tax debt settled, which can help some taxpayers in certain situations.

Consulting with a tax professional at Omni Tax Solutions is the fastest and most efficient way to get a handle on your state tax levy problem and create a plan for putting it behind you for good.

Other Options for State Tax Levy Situations

After the state tax levy process has started, the matter is serious and demands immediate action to protect your assets and restore your peace of mind.

Depending on your unique situation, it may be possible to:

  • Prove financial hardship
  • Show that you are insolvent (your assets have no equity)
  • Submit a State Offer in Compromise

You don’t have to face your state tax levy problem alone. Omni Tax Solutions is here to help.

Call us today for a free consultation and to get more information about state tax problems and tax relief. The number is (855) 529-3214.

Other-Options-for-State-Tax-Levy-Situations
Other-Options-for-State-Tax-Levy-Situations