Halt IRS Collections and Find Relief with a Stay of Execution.
IRS Stay of Execution: Halt IRS Collection Actions and Protect Your Assets
If you’re facing immediate IRS enforcement actions such as liens, levies, or wage garnishments, you may be eligible for an IRS Stay of Execution, which temporarily halts these collection efforts. At Cheshier Tax Resolution, we help individuals and businesses stop IRS collections and protect their financial security by obtaining a Stay of Execution while working toward a permanent resolution of their tax issues.
What is an IRS Stay of Execution?
An IRS Stay of Execution is a temporary suspension of the IRS’s collection actions against you, such as bank levies, wage garnishments, or property seizures. This relief is typically granted to taxpayers who are actively negotiating with the IRS or are in the process of resolving their tax debt through methods like Installment Agreements, Offer in Compromise, or other IRS relief programs.
A Stay of Execution gives you the time you need to:
- Negotiate a payment plan or settlement with the IRS
- Prepare and file unfiled tax returns
- Appeal IRS collection actions or errors
- Resolve your tax debt without the immediate threat of losing your property or income
How Does an IRS Stay of Execution Work?
When the IRS issues a Stay of Execution, all collection activities are temporarily suspended. This means that:
- Levies (such as bank account seizures or wage garnishments) are halted
- Liens against your property are paused, preventing further damage to your credit
- Other enforcement actions like property seizures are stopped
This temporary reprieve gives you time to resolve your tax issues, either by arranging for a payment plan or by challenging the IRS’s actions. However, it’s important to note that a Stay of Execution is not permanent—action must be taken during this period to settle your tax debt or reach an agreement with the IRS.
When Can You Request an IRS Stay of Execution?
You may be able to request a Stay of Execution if you are:
- Negotiating an Installment Agreement or Offer in Compromise: If you’re in the process of setting up a payment plan or negotiating a settlement with the IRS, a Stay of Execution can give you time to complete the process.
- Experiencing Financial Hardship: If the IRS’s collection actions would cause undue financial hardship, you may qualify for a stay while you work toward a resolution.
- Filing an Appeal: If you believe the IRS has made an error or you want to dispute their collection actions, you can request a stay while your appeal is being reviewed.
- Filing for Innocent Spouse Relief: If you’re seeking protection from tax liability tied to your spouse or ex-spouse’s actions, a Stay of Execution may be granted while your case is reviewed.
How Cheshier Tax Resolution Can Help
At Cheshier Tax Resolution, we understand how stressful IRS collection actions can be, and we’re here to help you stop them. Our team of experts can assist you in requesting and obtaining a Stay of Execution, providing you with the time you need to address your tax debt. Here’s how we can help:
- Immediate Relief: We’ll work quickly to request a Stay of Execution on your behalf, ensuring that collection actions like levies and garnishments are paused.
- Negotiation with the IRS: We’ll communicate directly with the IRS to negotiate a long-term solution to your tax debt, such as a payment plan or settlement.
- Comprehensive Representation: Our team will handle all interactions with the IRS, providing you with the peace of mind that your case is being managed by experts.
- Long-Term Tax Solutions: Beyond securing temporary relief, we’ll work with you to create a long-term plan to resolve your tax issues and prevent future IRS actions.
Don’t Wait for the IRS to Take Your Income or Property
If you’ve received notice of an IRS lien or wage garnishment, time is critical. Contact Cheshier Tax Resolution today to stop IRS collections and protect your assets. We’ll guide you through the process and work to find the best solution for your situation.
Call us at 469-647-9950 or fill out our online form to schedule a free consultation today