An IRS bank levy can freeze your account without warning. When this happens, your bank is required to hold the funds for 21 days before sending them to the IRS.
This 21-day window is your opportunity to act.
Once the levy is issued:
If no action is taken, the bank must transfer the frozen funds to the IRS after the holding period expires.
A bank levy may be lifted by:
Timing is critical. Acting during the 21-day holding period greatly improves the chances of recovering funds.
With over 10 years of experience and more than 450 clients assisted, Margolies Law Office helps Dallas taxpayers move quickly to stop bank levies and stabilize their financial situation.
If your bank account has been frozen, call Margolies Law Office at (469) 626-7760 today!
“ Andrew Margolies did a great job for my mom who had paid her taxes, but the IRS failed to associate the payment with her account. She kept getting letters demanding payment with accrued interest and fees even though they had cashed her check.
After Andrew started working on it, the letters stopped. We were notified there had been a credit to my mom’s account, and finally the payment was properly applied with a zero balance. She is even receiving a refund.
We’re very happy with Andrew and would highly recommend him.”
“I came to Andrew Margolies with a significant IRS issue that I had been losing sleep over for months. I spoke with Jennifer on the phone, got in the same day for a consultation, and had a full resolution within 2 business days for a reasonable price. Andrew did exactly what he said he was going to do and provided me with a thorough resolution.
Being 9 months pregnant, Andrew was extremely sensitive to my timeline urgency and was on the phone with me at 5pm on a Friday helping me with my case.
Before meeting with Andrew, I called around to 10 different offices. All of those interactions felt like a sales funnel and a money grab. I can’t explain the relief I have having chosen to work with Andrew and having a resolution within days. We’re absolutely thrilled with the value and the experience.”
“100% recommended. I had a problem regarding my tax return since the beginning of 2023 and had been trying to follow up myself until 2025 with no progress. I decided to work with Attorney Andrew and Jennifer and in less than a month my problem was solved.
Attorney Andrew is very knowledgeable with reasonable fees and Jennifer is very responsive to all requests and questions. Most importantly they have business ethics. I will not look further if I have any more tax problems.”
