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LSDefine

Simple English definitions for legal terms

intent to levy

Read a random definition: soit baile aux commons

A quick definition of intent to levy:

Intent to levy: When someone owes a lot of money in taxes, the government sends them a warning called an "intent to levy." This means that the government plans to take things like their house, car, or money from their bank account to pay the taxes. The person has 30 days to either pay the taxes, talk to the government about a payment plan, or appeal the decision. If they don't do anything, the government will take their things to pay the taxes.

A more thorough explanation:

Intent to levy is a warning notice sent by the Internal Revenue Service (IRS) to a person who has not paid their taxes. The notice informs the person that the IRS plans to take their assets to cover the unpaid taxes. The person has 30 days to respond to the notice.

For example, if John owes $10,000 in taxes and has not paid for several years, the IRS may send him an intent to levy notice. The notice will inform John that the IRS plans to seize his assets, such as his house, car, and bank accounts, to cover the unpaid taxes.

If John receives the notice, he has three options. He can pay the taxes, appeal the levy, or reach an agreement with the IRS. The IRS may be willing to work with John to create a payment plan or other compromise.

If John does not respond to the notice within 30 days, the IRS will take possession of his assets to cover the unpaid taxes. This means that John could lose his house, car, and other valuable possessions.

It is important to respond to an intent to levy notice as soon as possible to avoid losing assets and facing further consequences.

intent | intent-to-use application (ITU)

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General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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