There are several ways to avoid an IRS levy without paying your full tax liability. You’ll need to request a Collection Due Process (CDP) hearing before the appropriate deadline if you want to stop the bank levy, wage garnishment, or another type of IRS tax levy. The most common ways to stop a levy are: dispute the tax liability, request an Installment Agreement, submit an Offer in Compromise, apply for Innocent Spouse Relief, make a case for Financial Hardship. Read on to find out more about CDP hearings and the options available to you to stop a levy.
Request The CDP Hearing
Before levying your property, the IRS must first (most of the time) send you a notice and give you 30 days to request a hearing. Only under rare circumstances can the IRS seize your property without sending one of these notices.
If you receive a CDP notice, keep the following information in mind:
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