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tamiyka34
New Member

Is an irs levy the same as a tax bill

 
1 Reply
Critter
Level 15

Is an irs levy the same as a tax bill

No it is not ... it is much more serious...  Levies are different from liens. A lien is a legal claim against your property to secure payment of your tax debt, while a levy actually takes the property to satisfy the tax debt. A federal tax lien comes into being when the IRS assesses a tax against you and sends you a bill that you neglect or refuse to pay it

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