Payroll Wage Levy Garnishments – Stop them Immediately – Miami, Ft.Lauderdale, Boca, Palm Beaches

September 9, 2013
Written by: Fresh Start Tax

Fresh Start Tax
 
Payroll Wage Levy Garnishments –  Stop them Immediately
You must know the system to get a payroll wage levy garnishment released or removed immediately. It is very possible to get your payroll wage Levy garnishment released by your next paycheck.
It is much easier than you think to stop an IRS payroll wage garnishment.
The reality is, you just need to know the system. As former IRS agents and managers we know the system of how to immediately stop an IRS wage garnishment.
IRS is looking to close your case and not keep it open. It is all about closing cases with the IRS.
The Internal Revenue Service manages billions of dollars in taxpayer debt each and every year.
A fact you should be aware of his IRS sends out 2.8 million bank and wage levies each year, so you are not alone.
Every billing case goes into the CADE 2 computer system and a systemically processed into bills and notices that are sent out to taxpayers.
If you do not respond to their last and final notice the Internal Revenue Service must issue a IRS wage levy garnishment notice.

How to Stop the IRS Payroll Wage Levy Garnishment

 
To stop the IRS wage levy garnishment you need to contact the Internal Revenue Service and give them a fully documented IRS financial statement. That form is the 433-F.
It must be completed in full with the signature and with complete accuracy.
You can find that form on our website under IRS forms.
By contacting the Internal Revenue Service with fully completed and document financial statement, the IRS will make a determination on how to best deal with you.
As a general rule, the Internal Revenue Service after a careful review of your financial statement will either:
1. place you into a tax hardship,
2. insist on a monthly installment agreement or
3. let you know that you could be eligible for an offer in compromise or tax debt settlement.
 

You can contact us today for a free tax evaluation and we can tell you how to stop your IRS wage garnishment levy immediately.

 
Remember, the key to stopping your IRS payroll wage Levy garnishment is by immediately contacting the Internal Revenue Service and providing them with a current financial statement and have an exit strategy.
Another note of caution, IRS will ask to review your last 3 to 6 months six worth the bank statements and make sure all your tax returns are filed and up-to-date.
If you need to get your back tax returns prepared we can easily provide that service for you.
 

The Law on IRS Payroll Wage Levy Garnishments

 
An individual’s wages, salary, and other income can be levied. Wages, salary, and other income include payment for personal services in a work relationship.
 
 
What happens if an Employer Threatens to Fire Taxpayer Because of a Levy
 
Sometimes an employer threatens to fire an employee to avoid handling a levy. This might be a violation of 15 USC 1674.
If the employer fires the taxpayer because of this, the employer might be fined not more than $1000 or imprisoned for not more than one year, or both.
You should refer the taxpayer to the Wage and Hour Division of the Department of Labor (DOL). DOL, not IRS, must decide if the employer violated the law.
 
 
The Bad News – The Continuous Effect of Levy on Salary and Wages, 668-W – Your payroll check will continue to be garnished or levied in till your employer receives a levy release.
 
Unlike other levies, a levy on a taxpayer’s wages and salary has a continuous effect. It attaches to future payments, until the levy is released.
Wages and salary include fees, bonuses, commissions, and similar items.
All other levies only attach to property and rights to property that exist when the levy is served.
 
An IRS Example of a levied Account
 
If a bank account is levied, it only reaches money in the account when the levy is served.
It does not reach money deposited later.
When other income is levied, the levy reaches payment the taxpayer has a fixed and determinable right to. If the taxpayer’s right to that payment is not dependent upon the performance of future services, then the levy will reach the future payments as well.
Another IRS Example:
A Form 668-A is issued to levy an author’s royalties. The author has a fixed and determinable right to royalties for books that have already been published.
The levy reaches royalties for sales of those books in the future.
The levy does not reach royalties for books that are written and published later. A new levy must be served to take those royalties.
The point to be made here is if you have continuous income coming in the IRS has a right to send a levy to the third party to collect that income.
IRS Example
A Form 668-W is issued to levy a taxpayer’s retirement income. The taxpayer has a fixed right to the future payments; therefore, the levy remains in effect until it is released.
Also, see IRM 5.11.6.12, Levy on Non-Liable Spouse in a Community Property State for guidance when the wage levy on the non-liable spouse is not continuous.
 
 
Exempt Amount of the IRS  Payroll Wage Levy Garnishments
Part of the individual taxpayer’s wages, salary, (including fees, bonuses, commissions and similar items) and other income, as well as retirement and benefit income, is exempt from levy.
The weekly exempt amount is:
The total of the taxpayer’s standard deduction and the amount deductible for exemptions on an income tax return for the year the levy is served.
Then, this total is divided by 52.
 
 
Child Support Rules for payroll wage garnishment  levies
Income that is not paid weekly is prorated, so the same amount is exempt.
In addition, the amount the taxpayer needs to pay court ordered child support is exempt.
The taxpayer is not entitled to the support exemption unless the support is being paid.
Consider getting the taxpayer to have the child support payment withheld and sent directly to the person with custody or the taxpayer may make the child support payment through the Service, and the Service will forward the payment.
When there is no open assignment, have the payments sent through Submission Processing. This may happen if the payments are being monitored in the campus.
 
 
How to Claim the Exempt Amount of the IRS Payroll Wage Levy Garnishment
 
The Notice of Levy on Wages, Salary, and Other Income (Form 668-W) was developed for use when an individual may be entitled to the minimum exemption from levy in IRC 6334(a)(9) and includes a Statement of Exemptions and Filing Status.
The employer gives the statement to the taxpayer to complete and return within three days. If it is not received by then, the exempt amount is figured as if the taxpayer is married filing separate with one exemption.
It is a good practice to let your employer know you want to resolve the situation so it does not affect your credibility at work.
The taxpayer can give the statement to the employer later to change the exempt amount.
Please Note:
The employer needs to use this statement rather than the employee’s W–4, Employee’s Withholding Certificate. Taxpayers may claim different exemptions for withholding from those claimed on their return.
Publication 1494, Tables for Figuring Amount Exempt From Levy on Wages, Salary, and Other Income – Forms 668-W(ACS), 668-W(c)(DO) and 668-W(ICS), is sent with the levy to help figure the exempt amount.
The taxpayer can give a new statement to the employer later to have the exempt amount recomputed.
Remember there is a very specific system to stop the IRS payroll wage levy garnishment. You should never call the Internal Revenue Service without a plan or an exit strategy.
If you’re going to use or hire any company make sure they have true tax professionals on staff.
We have been practicing right her in South Florida since 1982 and we are A+ rated by the Better Business Bureau. Come by and visit our offices today you not need an appointment.
 

Payroll Wage Levy Garnishments – Stop them Immediately – Miami, Ft.Lauderdale, Boca, Palm Beaches

 

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