I've had something similar to this happen with another state agency (not the state in which by business is incorporated). We had opened a tax account in another

I've had something similar to this happen with another state agency (not the state in which by business is incorporated). We had opened a tax account in another state as we intended to convert a contractor to an FTE, but we ended up terminating the worker's contract. Time passes, and Chase processes a levy on behalf of a collections agency authorized to collect for the state department of revenue. They had automatically been calculating tax owed for one FTE, even though we had never filed a statement indicating we were withholding. Then fees, interest, penalties, etc. added up and it made for a very bad day or two here. It took a few calls between us, Chase and the state agency, and a simple form to get the levy order rescinded before Chase fulfilled it (30 days after their receipt, for most such orders). Our funds were released within minutes of calling them to confirm that the state sent them a fax rescinding the levy order. I've heard numerous horror stories about dealing with Chase on matters like this. I didn't find those stories to be true, in our case. I suspect the author either handled it (one would hope), or closed his tax account and chalked it up to lessons learned (a regrettable, but understandable decision to avoid further anguish and just "be done with it").