what is a financial hardship

Can an IRS Levy Be Released for a Hardship?

By madwire / January 15, 2020

Can an IRS Levy Be Released for a Hardship? The federal tax levy is issued by IRS to enforce tax collection. But certain circumstances (outlined under IRM section 5.11) authorize for the Release of Levy. One of those circumstances is Economic Hardship. Under IRS Tax Code §6343, a federal tax levy must be released when…

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