Levies can really do a lot of damage and even ruin your life. A levy is the IRS's way of getting your immediate attention. What they are saying is, we have tried to communicate with you but you have ignored us. Levies are used to seize your wages and whatever other assets you have. If you own it, they can take it. That includes checking accounts, auto's, stocks, bonds, boats, paychecks, and even Social Security checks!
Imagine waking up one morning and finding all your bank accounts have been cleaned out. They will take every dime. If this amount did not cover what is owed, they'll keep taking your money until you cover your tax liability. They know that levying your bank account will cause checks to bounce, alerting many people that you have tax problems. But they don't care! Their sole objective is to collect the taxes owed. Period.
As bad as that is, a worse method is a wage levy (or garnishment). That's when most of your pay check goes to the IRS, they don't leave you enough to pay the bills, and most of your check goes to the IRS each and every week until the debt is paid.
If that doesn't accomplish what they want, they'll pull out all the stops. They'll seize your assets, and sell them at auction. That includes everything you own; home, cars, boats, jewelry, motorcycles, insurance polices, retirement funds, anything of value. If this is the case, it is time to elecit the help of an accounting firm in Richmond.
An expert tax advisor in Richmond is often able to get those levies released and help you get out of this terrible situation. At Paramount Tax & Accounting CPAs Richmond East, our goal is to get you even with the IRS, with what you can afford, and let you start life anew.
Marcus was very responsive and very helpful. He made filing taxes very easy! I will definitely be coming back to file taxes every year. Thank you!
— Margreen Freeka Brown,
Posted June 3rd 2024 on google
Marcus is great! He saved me thousands in taxes last year when I owed the government & ensured I received as much money as possible looking through all potential tax breaks this year. The portal is easy to navigate and to keep your information all in one place to make the 30 minute chat to file so easy. Will be going ...
Marcus is awesome! He was helpful, kind and informative when assisting with my tax filing for this year. He provided important insights and brought humor to a not so fun task!
— Elizabeth Whittle,
Posted March 30th 2024 on google
Marcus is the best! Very detailed and gets you every claim you can get!
— Kate & Jason Pulley,
Posted March 9th 2024 on google
Marcus has done my taxes for the last three years and I wouldn’t have anyone else do them. He’s quick, efficient and personable. I would recommend anyone to him!
— MaKayla Foley,
Posted February 25th 2024 on google
It was a great experience!! Marcus is very nice and professional an explains things well.Thanks again Marcus!!
— Megg Beasley,
Posted February 21st 2024 on google
Marcus has been a huge help for the last couple of years. He’s personable and experienced in what he does. Always has a solution, gives sound advice.
Marcus was very insightful, explained all necessary line items and very courteous and professional. I recommend his firm to anyone needing tax prep, accounting needs and business accounting expertise. Thank you Marcus for everything.
— Tyson Hawkins,
Posted August 21st 2023 on google
Paramount did a great job and Marcus explained everything thoroughly. I look forward to returning in the future.
Marcus was great to work with to complete our taxes this year. He helped me sort through my husband’s business expenses and provided bookkeeping advice to make next year’s filing a breeze. In less than two hours, everything was done. Marcus was patient and professional. We will definitely use his services again. Hi...
I had a great experience working with Marcus. From the beginning he was extremely knowledgeable friendly and welcoming. He was able to address all of my questions and concerns and I left feeling great about my overall experience. I highly recommend anyone looking for a great tax professional for personal or business ta...
Marcus is very Professional Tax consultant. Thought I went to him 1-day before the tax deadlines, he took time out to help me out, answered all my questions patiently , gave me some tips to manage taxes as well. And his fees were reasonable too. I highly recommend him if you are in the area.
— Shariff Mohammed,
Posted April 17th 2022 on google
Very knowledgeable, excellent communication, and very personable. It is very hard to find good people, so look no further than Marcus!
Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and accountingbookkeeping firm, such as Paramount Tax & Accounting CPAs Richmond East, is that we know taxes!
Paramount has worked hard to create relationships to deliver the value that our clients expect. In fact, our goal is to be the No. 1 Bank Account Levy firm in Richmond. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting CPAs Richmond East!
Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accountingbookkeeping firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accountingbookkeeping firm utilizes licensed professionals, who can not only advise individuals on personal financial matters but who are qualified to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics.
Our strict standards ensure that we understand the complicated tax laws and how to implement strategies that return the most benefits to individuals and businesses. Give Paramount Tax & Accounting CPAs Richmond East a call or visit our
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Through dedication to the three underlying principles of professionalism, responsivenessandquality, Paramount is committed to providing outstanding service to our clients.
Paramount Tax is now offering financial and tax franchises across the US!
In the unlikely event you receive a tax notice, we have an entire audit defense department ready and available to help. We partner with Protection Plus $1 Million Tax Audit Defense so that we can work towards a favorable resolution in every situation our clients might face.
