IRS tax levy is simply a continuation of the enforced collection process by the government. We have received over 20 emails on the subject just this week alone, as folks are fretting and IRS has stepped up its collection efforts, at least it feels like. Basically, a tax levy is a legal seizure of your property to satisfy a tax debt. While lien is a claim used as security for the tax debt, a levy actually does take the property to satisfy that debt. Sort of like being …