Legal Question in Tax Law in California

Re: can the I.R.S. take money from your bank account

Yes they can if they had done certain things first.

Joel Selik

www.taxworkout.com

800-894-2889

Re: can the I.R.S. take money from your bank account

Thank you for your posting.

To put it simply, yes. The IRS can levy on any bank account they find to pay off taxes, unless there are certain types of bankruptcy, or an approved offer and compromise.

I hope that this information helps, but if you have other questions, want more information, or feel that you need legal representation, please feel free to email me directly at [email protected]. I�m happy to help in any way that I can.

Re: can the I.R.S. take money from your bank account

Yes, the IRS can levy bank accounts, brokerage accounts and other accounts owned singly or jointly by a taxpayer. The only accounts that cannot be levied are trust or escrow accounts. In some states, IRA and pension accounts cannot be levied. The IRS can also levy social security and government payments.

Please see my web site, http://www.taxesq.com/ for additional information.