Bank Levy Release California Franchise Tax Board

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Bank Levy Release California Franchise Tax Board

If you have received a Notice of a Bank Levy from the California Franchise Tax Board, contact us immediately, and we can request a Stay of Collections for up to a 90-day period, protecting your funds from being levied. During this period, we can examine your tax situation and find a solution like an Installment Agreement or an Offer in Compromise that will provide you with a measure of tax relief.

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We can’t help until you contact us. Click here to fill out our simple
Tax Resolution form

If you owe back taxes and the California Franchise tax Board has been contacting you, do not be fooled into believing your bank account will not be levied. Given the current economic conditions in California and the strains brought on by the recession, imagine how many more levies now will be issued as the FTB goes after back taxes owed with a renewed vigor and determination.

Do not believe that you will be the exception to this rigorous collection policy. Without the benefit of trusted representation like Peter Stephan and the Tax Attorneys and CPAs at the Tax Resolution Institute, you can find yourself facing a bank levy and the freezing of all of your available funds. Since the Tax Resolution Institute is based in Southern California with locations in Los Angeles, Orange County, and San Diego, we have extensive experience in releasing California FTB bank levies.

In addition, not only will the FTB issue a levy against your bank, they also will contact your stockbroker and issue a levy against your stock holdings. When your stocks and bonds are frozen, they cannot be traded or cashed out; the status of the financial markets simply does not matter to the California Franchise Tax Board in such a tax situation. Even if a stock you own goes through the roof, potentially providing the money needed to cover your back tax debt, you will be frozen out, unable to sell your holdings and ensure your financial future.

If you fail to take action, you could lose your financial holdings across the proverbial board. In addition, you will have to pay your tax debt, including all of the penalties and the interest, in a single devastating chunk that will leave your accounts resembling a withered husk. Since we have extensive experience with bank levy release negotiations, we can help you protect your future before it is too late to take the right action. We can stop a bank levy against you by the California Franchise Tax Board from happening, but we must begin immediately.

Free Consultation!
We can’t help until you contact us. Click here to fill out our simple
Tax Resolution form

Please Do Not Hesitate. Contact Us Today.