When the IRS has attempted to communicate with you but you have ignored them, levies are used to seize your wages and whatever other assets you have. This includes checking accounts, auto's, stocks, bonds, boats, paychecks, and even Social Security checks! If the amount does not cover what is owed, they'll keep taking your money until you cover your tax liability.
Another method is a wage levy (or garnishment). That is when a portion of your pay check goes to the IRS every week until the tax debt is paid.
If these methods do not cover the tax amount owed they may seize your assets and sell them at auction. This includes everything you own; home, cars, boats, jewelry, motorcycles, insurance polices, retirement funds, or anything else of value.
We are often able to get those levies released and help you set up payments that you can afford, and get you back on the right track.