Which of the following is true regarding a bank levy? The IRS is not required to...

Which of the following is true regarding a bank levy?

The IRS is not required to give a taxpayer any notice before it levies the taxpayer's bank account.

Upon receipt of the levy, the bank immediately send the fund to the IRS.

It applies to fund on deposit at a particular financial institution on a specific date.

It is continuous.

Expert Solution

ekkarill92 answered 1 year ago

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