Texas Tax DataUpdated 2024-04-15

Q1 2024 Texas IRS Collection Activity Report

Q1 2024 saw 28,400 new IRS tax liens filed in Texas, an 11% increase from Q1 2023. Bank levy activity increased 23%, with average levy amounts of $8,400. Offer in Compromise submissions increased 18% as taxpayers sought resolution before filing season deadlines.

Key Data Points

New Liens Filed
Q1 202428,400
Q1 202325,600
+10.9% change
Bank Levies Issued
Q1 202412,800
Q1 202310,400
+23.1% change
OIC Submissions
Q1 20242,400
Q1 20232,030
+18.2% change
Average Levy Amount
Q1 2024$8,400
Q1 2023$7,200
+16.7% change

Trend Visualization

2024 New Liens
January
February
March
2023 New Liens
January
February
March

Key Insights

  • 1Post-pandemic IRS hiring surge enabling more aggressive collection
  • 2March deadline approaching triggered increased enforcement activity
  • 3Energy sector layoffs in Q4 2023 contributed to Q1 2024 delinquencies
  • 4Tech sector stabilization reducing new high-value cases vs 2023

Methodology

Data from IRS monthly statistics, Texas county recorder filings, and TaxCase Review internal case data.

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