Business Bank Levy

Business Bank Levy Defense in Utah

If your Utah business is facing an IRS Bank Levy, we may be able to help you. A business bank levy can immediately halt your operations by freezing the accounts your business needs to pay employees, suppliers, and operating expenses.

The Immediate Threat to Your Business

Unlike an individual bank levy, a business bank levy can have catastrophic, cascading effects:

• Payroll cannot be made — violating labor laws and potentially triggering additional legal liability
• Supplier payments bounce — damaging business relationships and credit
• Rent and utilities go unpaid — risking eviction and service cutoffs
• Customer confidence is damaged — as word of financial distress spreads
• Operations may be forced to stop — resulting in lost revenue and contracts

The 21-Day Window

When the IRS levies your business bank account, the bank is required to hold the funds for 21 days before turning them over to the IRS. This window provides a critical — but narrow — opportunity to negotiate levy release. You must act within this window to have the best chance of recovering your funds.

Resolution Options for Business Bank Levies

• Demonstrating economic hardship — Showing that the levy prevents your business from meeting basic operational needs
• Negotiating an installment agreement — Establishing a payment plan that gets the levy released
• Filing an Offer in Compromise — For businesses unable to pay the full liability
• Procedural challenges — Identifying any failures by the IRS to follow required procedures
• Collection Due Process hearing — Formally challenging the collection action

Call Us Now

If your business bank account has been levied, call Michelle Turpin P.C. immediately at (801) 685-0552. This situation requires emergency response — every hour matters.

This content is provided for informational purposes only and does not constitute legal advice.