26 U.S.C. § 6330(e) contains a provision that is little celebrated and underutilized by folks facing off with an IRS levy of their bank account or paycheck. That subsection provides in pertinent part:
“(e) Suspension of collections and statute of limitations “(1) In general “… if a hearing is requested under subsection (a)(3)(B), the levy actions [...]
Did the IRS Levy Your Bank or Employer?
One of the worst feelings is when your employer notifies you that they have a Notice of Levy from the IRS instructing them to keep most all of your next paycheck. Equally bad is when your bank notifies you that they have a Notice of Levy from [...]
I was poking around in the Internal Revenue Manual (IRM) and came across instructions to IRS personnel respecting the handling of 26 USC § 7433 exhaustion of administrative remedy damage claims:
“25.3.3.5.2 (08-28-2006) “Evaluation of a Claim for Damages Under IRC § 7433″
“1. Date stamp the claim upon receipt. Advisory should complete the initial review of [...]