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.
An IRS levy permits the legal seizure of your property to satisfy a tax debt. It can garnish wages, take money in your bank or other financial account, seize and sell your vehicle(s), real estate and other personal property.
If you receive an IRS bill titled Final Notice of Intent to Levy and Notice of Your Right to A Hearing, then you have 30 days to make arrangements to settle the debt before they seize.
The IRS will usually levy only after these three requirements are met: