The 21-Day Window
When the IRS levies your bank account at a Sarasota-area bank, the bank freezes your funds for 21 days before sending them to the IRS. This window is your opportunity to negotiate a release. A tax attorney can contact the IRS, demonstrate hardship or propose a collection alternative, and get the levy released before your money is gone.
Immediate Steps
Contact a tax attorney immediately. Do not wait. Gather financial records showing the levy creates hardship. Your representative will contact the IRS revenue officer or ACS unit handling your case and present a resolution proposal. In many cases, levies can be released within the 21-day window.
A bank levy is urgent. Every day you wait reduces the time available to get your money back.