intent to levy

Definition of "intent to levy"
  1. A warning issued to a taxpayer in arrears that the IRS plans to seize their property if a tax debt isn't settled
How to use "intent to levy" in a sentence
  1. To clear his tax due, John acted promptly on receiving the intent to levy notice.
  2. The intent to levy notice was a wake-up call for Jane to clear her outstanding tax liability.
  3. Due to her inability to pay, Sarah's assets were at risk of seizure following an intent to levy notice.

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