Legacy Tax: Home of the Levy King

Legacy Tax: Home of the Levy King Legacy Tax, home of the Levy King. We solve IRS Tax Problems. IRS problems? call the Levy King!

07/24/2026

Worried the IRS might come after your business because of unpaid tax debt? You’re not alone—and yes, the IRS does have the power to seize business assets if you fall behind. But you have options, and acting early can make all the difference.

In this video, discover:

When and why the IRS seizes business assets
4 red flags that mean your business is at risk
Legal strategies to protect your company (before it’s too late)
How to negotiate payment plans that fit your cash flow
Real stories from business owners who kept their doors open
Don’t wait for the IRS to show up at your business! Their collection tools are powerful, but you have rights and there are proven solutions.

TIMESTAMPS:

0:00 – Can the IRS really take my business?

2:15 – Warning signs you can’t ignore

4:30 – Your legal protections

6:45 – Payment plan strategies

8:20 – Real client success stories

Need urgent help? Call us at 1-877-LEVY-KING or book your FREE consultation at www.legacytfp.as.me

We’ve helped thousands of business owners resolve tax debt and protect what they’ve built. Don’t let the IRS shut you down—let’s solve this together.

Subscribe for more IRS problem-solving strategies and hit the bell to get notified about new videos!



NOTE: Legacy Tax helps individuals and businesses with tax and accounting issues. Legacy Tax is not a law firm and does not offer legal services or legal advice. If you need legal services or legal advice please consult an attorney.

NOTE: Tax Settlement, Tax Debt Forgiveness, and Fresh Start are terms, referring to the IRS offer and compromise (OIC) program. Not all taxpayers qualify for the OIC program. The IRS determines taxpayer qualifications. Legacy Tax makes no guarantee that any particular taxpayer will qualify for an offer in compromise or any other IRS resolution. Visit irs.gov for more on OIC qualifications.

07/22/2026

"Can the IRS make you file tax returns from more than 6 years ago?"

I just got this question: "I keep hearing about the six-year rule, but the IRS assigned a Revenue Officer to my case and he's trying to make me file returns from 2014-2016. Can he do that since it's more than six years?"

Short answer: YES. Here's why.

📋 THE GENERAL RULE (IRC Section 6011A):
You are REQUIRED to file a tax return for ANY year you owe tax liability. Period.

📋 THE "SIX-YEAR RULE" (IRS Policy Statement 5-133):
The IRS will NORMALLY only ENFORCE filing requirements for the previous 6 years.

🔑 Key word: NORMALLY. Not always.

Policy Statement 5-133 says: "NORMALLY application of P-5-133 criteria will result in enforcement of delinquency procedures for not more than six years."

The six-year rule is actually an EXCEPTION to the general rule (you must file if you owe). And there are EXCEPTIONS TO THE EXCEPTION.

When the IRS requires returns BEYOND 6 years:

1️⃣ LARGE POTENTIAL TAX BILL
• High income with low withholding
• This is why I warn about claiming exempt on W-4
• IRS will go back further when big money is involved

2️⃣ BUSINESS RETURNS INVOLVED
• Business tax returns trigger deeper investigations
• Self-employment income = more scrutiny
• Multiple years of business returns often required

3️⃣ REVENUE OFFICER ASSIGNED TO YOUR CASE
• Unfiled return investigations assigned to ROs
• Revenue Officers routinely go back further than 6 years
• ROs have enforcement authority and will use it

🎯 PLOT TWIST: Filing older returns can actually HELP you

If you're pursuing:
✅ Offer in Compromise (settle tax debt for less)
✅ Currently Not Collectible status (hardship relief)

Filing older returns STRENGTHENS your case. It's not always a punishment - it can be strategic.

Why older returns help with OIC/CNC:
• Shows compliance and good faith
• Establishes accurate tax liability
• Demonstrates financial hardship over time
• Required for most resolution options

⚠️ When a Revenue Officer is assigned = Time to get professional help

This is NOT a DIY situation. Revenue Officers have:
• Levy authority (seize wages, bank accounts)
• Lien authority (damage credit, seize property)
• Summons authority (force compliance)
• Criminal referral authority (worst cases)

Don't try to handle an RO case alone.

Struggling with unfiled back tax returns? Revenue Officer breathing down your neck?

📞 1-877-LEVY-KING (1-877-538-9546)
🌐 www.levyking.com

We handle Revenue Officer cases and unfiled return investigations every day. We know exactly how to:
✅ Negotiate filing requirements
✅ Prepare and file delinquent returns
✅ Prevent levies and liens
✅ Pursue Offer in Compromise or CNC status
✅ Get Revenue Officers off your back

The Levy King stops IRS enforcement before it destroys your finances.

07/22/2026

You received a scary IRS notice in the mail. You called the IRS to avoid a levy. And now you are stuck in a payment plan you cannot actually afford.

This is one of the biggest traps taxpayers fall into. They panic, call the IRS, agree to a monthly installment agreement just to stop the immediate threat, and then find themselves choosing between the IRS and real life. Rent. Groceries. Gas. Car payment. Current taxes.

That is not resolution. That is financial suffocation.

In this video, I explain why an IRS payment plan can still leave you drowning, how taxpayers get pushed into unaffordable agreements out of fear, and why “at least I’m making payments” is not always a real solution. If your IRS payment plan is crushing your budget, causing you to fall behind on current taxes, or setting you up for default, you need to understand what is really happening.

Speaking of tax debt... I want you to know that there are special programs in place to help you get a FRESH START. But how do you know if YOU qualify? No two cases are exactly alike so how do you know exactly how much you can settle for? Well, I’ve created a free tool to help get you qualified for a fresh start. Just head over to www.levyking.com
, or click the link below. Follow the prompts and answer a few simple questions and we’ll help you figure out your eligibility. That website again is WWW.LEVYKING.COM
or you can give us a call at 1 877 LEVYKING.

07/21/2026

Don said: "The IRS has been after me since 2012 and just hit me with another garnishment. How can they still do that after more than 10 years?"

Short answer: The 10-year clock probably didn't start when you think it did. Or tolling days extended it.

Let me break down the Collection Statute Expiration Date (CSED).

⏰ THE 10-YEAR RULE (IRC Section 6502):

"The collection statute expiration date, or CSED, is the date that the statutory period for collection expires. Generally 10 years from the date of ASSESSMENT."

🔑 Key phrase: "Date of ASSESSMENT" - NOT the date the return was due

EXAMPLE:
• 2012 tax return was DUE in April 2013
• You filed it late in May 2015
• IRS ASSESSED it in August 2015
• CSED = August 2025 (10 years from assessment, not 2012)

So a 2012 tax debt can absolutely still be collected in 2025.

⏸️ TOLLING DAYS: Events That STOP the 10-Year Clock

The 10-year CSED doesn't run continuously. Certain events PAUSE the clock and add extra time:

1️⃣ BANKRUPTCY FILING
• Clock stops during entire bankruptcy
• PLUS 6 months after bankruptcy resolves
• Example: 18-month bankruptcy = 24 months added to CSED

2️⃣ OFFER IN COMPROMISE (OIC)
• Clock stops during entire OIC process
• From submission through final decision
• Example: 7-month OIC process = 7 months added to CSED

3️⃣ COLLECTION DUE PROCESS (CDP) HEARING
• Clock stops during appeals process
• Example: 6-month appeal = 6 months added to CSED

4️⃣ INSTALLMENT AGREEMENT REQUEST
• Clock stops while IRS reviews request
• Example: 6-month review = 6 months added to CSED

5️⃣ COLLECTION APPEALS PROGRAM (CAP)
• Clock stops during CAP review
• Varies by case complexity

6️⃣ TAXPAYER ASSISTANCE ORDER (TAO)
• Clock stops while Taxpayer Advocate reviews case

7️⃣ INNOCENT SPOUSE RELIEF REQUEST
• Clock stops during review period

8️⃣ PENDING INSTALLMENT AGREEMENT
• Some agreements suspend collection period

📊 REAL-WORLD EXAMPLE:

2012 return filed late in May 2015
IRS assessed in August 2015
Original CSED: August 2025

BUT during those 10 years:
• Offer in Compromise filed: 7 months tolling
• Appeals hearing: 6 months tolling
• Bankruptcy filed: 18 months tolling
• Installment agreement request: 6 months tolling

TOTAL TOLLING: 37 months (3+ years)

NEW CSED: August 2025 + 37 months = September 2028

So getting levied in 2025 for 2012 debt? Completely legal if tolling days extended your CSED.

⚠️ WHY YOU NEED TO KNOW YOUR EXACT CSED:
The IRS knows EXACTLY when your CSED expires. They track it down to the day.

When they levy your paycheck, they've calculated:
✅ Assessment date
✅ All tolling events
✅ Exact expiration date
✅ How much time they have left to collect

If YOU don't know your CSED, you're flying blind.

Common mistakes people make:
❌ Thinking CSED starts when return was DUE
❌ Not accounting for tolling days
❌ Assuming 10 years means 10 years (it rarely does)
❌ Thinking old debt automatically

07/20/2026

Can the IRS audit you forever? This couple filed tax returns in the 1990s. Twenty years later, the IRS came after them for $328,000. Here's how it happened—and why it could happen to you.

⚖️ THE CASE: Murrin v. Commissioner

• Tax returns filed: 1993-1999
• IRS audit: 2019 (20+ years later)
• Total bill: $328,000 ($65K taxes + $13K penalties + $250K interest)

🕐 THE NORMAL RULE (IRC Section 6501):

IRS has 3 years from filing date to audit and assess additional tax. Most people think they're safe after 3 years. Usually true. But there's a devastating exception.

⚠️ THE EXCEPTION (IRC Section 6501(c)(1)):

If a return is FALSE or FRAUDULENT, the IRS can assess tax at ANY TIME. No 3-year limit. No 10-year limit. No limit at all.

🎯 THE SHOCKING PART: It doesn't matter if YOU knew about the fraud. The Murrins' tax preparer secretly inserted fraudulent entries without their knowledge. They filed the returns in good faith. But the Tax Court ruled: If the RETURN is fraudulent, the unlimited statute applies—regardless of taxpayer intent. You filed a fraudulent return = IRS can come back decades later.

Worried about old tax returns? Aggressive preparer in your past? IRS suddenly auditing returns from years ago?

📞 1-877-LEVY-KING (1-877-538-9546)
🌐 www.levyking.com

We defend against IRS audits—including unlimited statute cases. The Levy King protects you from IRS nightmares hiding in your past.

07/20/2026

Why would the IRS accept $5,000 to settle $100,000 in tax debt? Here's the real reason—and the formula they use to decide.

💰 THE THREE REASONS IRS ACCEPTS OFFERS IN COMPROMISE:

1. REASONABLE COLLECTION POTENTIAL (Most Common)
The IRS calculates what they can realistically collect from you:
• Your assets (equity in property, bank accounts, investments)
• PLUS your future income (monthly disposable income × months remaining on collection statute)
• MINUS allowable expenses (IRS standards, not your actual expenses)

EXAMPLE:
You owe: $80,000
Your assets: $5,000
Disposable income: $500/month
Collection statute remaining: 6 years (72 months)

Your RCP = $5,000 + ($500 × 72) = $41,000
The IRS will accept $41,000 to settle $80,000 because that's all they can realistically collect anyway.

2. BEHAVIORAL COMPLIANCE
When you accept an OIC, you must:
✓ File all tax returns on time for 5 years
✓ Pay all taxes owed for 5 years

If you fail either condition, your OIC defaults and you owe the original debt again. This ensures future compliance—which is valuable to the IRS.

3. COST-BENEFIT MATH (The Real Reason) The IRS runs the numbers:
Accept $41K now OR spend years chasing $80K through:
• Wage levies (people quit jobs to avoid)
• Bank levies (people pull money out)
• Asset seizures (expensive to track and execute)

A dollar collected via OIC is more valuable than a dollar collected through enforcement. When they send levy notices:
• Some people quit their jobs
• Some pull all money from banks
• Some hide assets

All that tracking costs time, resources, and money.
THE IRS MATH:
$41,000 guaranteed now or $80,000 maybe later after expensive collection efforts

⚠️ THE BIGGEST MISTAKE:
People think the IRS accepts any lowball offer because they're struggling financially.

WRONG.
The IRS calculates your RCP down to the dollar. If you offer $10K but your RCP is $30K, they reject it instantly—and you've wasted months waiting for an answer. You need to know YOUR number before filing an offer.

🎯 THE FORMULA ISN'T NEGOTIABLE:
The IRS uses Form 433-A (individuals) or 433-B (businesses) to calculate your exact RCP.

They look at:
• Bank account balances
• Investment accounts
• Real estate equity
• Vehicle equity
• Monthly income
• Monthly allowable expenses (IRS standards, not your actual spending)

Your offer must meet or exceed this calculated amount, or it gets rejected.

📊 WHAT HAPPENS WHEN YOU GUESS WRONG:
• Application fee: $205 (non-refundable)
• Initial payment: 20% of offer amount (non-refundable if rejected)
• Processing time: 6-24 months
• During processing: Collection activity pauses (but interest keeps accruing)
• If rejected: You're back where you started, but now owe MORE due to accumulated interest

This is why professional calculation matters.
Drowning in tax debt? Think an Offer in Compromise might work for you?
📞 1-877-LEVY-KING (1-877-538-9546)
🌐 www.levyking.com

We calcu

07/19/2026

Are IRS penalties and interest crushing you? The IRS One-Time Forgiveness (also called First-Time Penalty Abatement) may be the relief you’ve been waiting for.

In this video, Corey Hankerson — The Levy King and founder of Legacy Tax — breaks down:

✅ Which IRS penalties qualify for forgiveness

✅ How the program really works

✅ Who qualifies (and who doesn’t)

✅ The difference between penalty forgiveness and an Offer in Compromise

✅ How to actually request One-Time Forgiveness from the IRS

If you’ve racked up Failure to File, Failure to Pay, or Failure to Deposit penalties, this video shows you how to fight back and erase thousands in unnecessary charges.

💡 At Legacy Tax, we’ve helped clients wipe out hundreds of thousands in IRS penalties using this exact program. Don’t pay more than you owe — get the facts and take control today.

📞 Book your consultation now: https://legacytfp.as.me

📲 Or call us at 877-LEVY-KING

👉 Watch next: [Do You Qualify For an Offer in Compromise – https://www.youtube.com/watch?v=yyAXhxhyuEk]

He didn’t lose the promotion to Chad.He lost it to the tax problem he kept putting off.Sometimes a tax problem grows int...
07/18/2026

He didn’t lose the promotion to Chad.

He lost it to the tax problem he kept putting off.

Sometimes a tax problem grows into more than just a tax problem.
Sometimes it follows you into your career.
Sometimes it follows you home.
Sometimes it costs you opportunities you spent years working for.

Tax debt can cost you more than money. It can affect your job, your reputation, and your family.

If you’re dealing with IRS debt, a federal tax lien, or years of unfiled returns, handle it now before the damage spreads.

📞 1(877) LEVY-KING
🌐 levyking.com

07/17/2026

⚠️ NATURALIZED CITIZENS: One tax mistake could cost you your citizenship. The DOJ is actively pursuing denaturalization cases for tax issues - and the IRS is feeding them names. Are you at risk?

The Levy King breaks down the shocking truth about how unpaid taxes, unfiled returns, and tax fraud can trigger citizenship revocation for naturalized citizens. This isn't fear-mongering - it's happening right now.

📋 WHAT YOU'LL LEARN:
✓ How the DOJ denaturalization process actually works
✓ Which tax mistakes trigger citizenship investigations
✓ The IRS-DOJ connection you need to know about
✓ How to protect your citizenship status TODAY
✓ Real cases of naturalized citizens losing everything

🚨 FACING IRS PROBLEMS? Don't wait until it's too late.
📞 Call Legacy Tax: 1- 877- LEVY-KING (1-877-538-9546)
🌐 Free Consultation: www.legacytfp.as.me

STOP wage garnishment, back taxes, and IRS threats before they destroy your life - and your citizenship.

⏱️ TIMESTAMPS:
0:00 - The Citizenship Threat: Can Taxes Cost You Everything?
0:24 - Meet the Levy King: Your IRS Defense Expert
1:36 - FREE Book Offer: Protect Your Citizenship
1:50 - How the DOJ Revokes Citizenship
2:24 - Priority Denaturalization Cases (Including Tax Fraud)
3:08 - Tax Returns & Citizenship Risk Explained
3:54 - What You MUST Do Now to Protect Yourself

📌 ABOUT LEGACY TAX:
Home of the Levy King. We've helped thousands of Americans escape IRS nightmares with proven results backed by 8.8M+ views. Specializing in wage garnishment relief, back tax resolution, and IRS defense for naturalized citizens.

Learn if you qualify for a fresh start: www.levyking.com

NOTE: Legacy Tax is a Tax Resolution firm. We help individuals and businesses with overwhelming tax problems. Legacy Tax is not a law firm and does not provide legal advice. If you need legal advice please consult an attorney.

The IRS doesn't only send letters to your house — they send them to your JOB too. Your tax problem just became everyone'...
07/16/2026

The IRS doesn't only send letters to your house — they send them to your JOB too. Your tax problem just became everyone's business. Reach out before you're the next story in the office group chat.

☎️ Get help today: 1(877)LEVY-KING
🗓️ Book an appointment: legacytfp.as.me
🌐 Learn your options: www.levyking.com

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