As you will come to find out, there is not much that is instant when it comes to the IRS.This has to be a two part answer only because there is a big difference between a levy (bank levy, wage garnishment , asset seizure) and a lien. A levy is the taking of something, such as funds out of a bank account or part of a paycheck. A lien is a notification to the public that the taxpayer owes a debt and establishment of a security interest in ALL of the assets of the taxpayer.You would need to prepare the Form 433-F Collection Information Statement or Form 433- Collection Information Statement, both available on www.irs.gov. Once complete call the IRS phone number listed on your notice of levy. Be very careful that your will reach an agreeable solution before you decide to make that call. If you cannot reach an agreeable conclusion, you just gave the IRS every way to collect from you.