IRS Levy Help – Get Your Money Back Today – Naples, Ft. Myers, Cape Coral, Port Charlotte

by Fresh Start Tax | Dec 10, 2013 | Tax Help

 
IRS Levy – Get Your Money Back Today
If the Internal Revenue Service has issued you a levy and your bank account or wages do not panic.
There is a process that you can immediately get your money back from the Internal Revenue Service. You will need a current financial statement along with all documentation to support it. This process takes one day but you must have the documentation.
Taxpayers are levied because taxpayers  fail to answer an IRS notice, letter or IRS contact. Believe it or not, the IRS does not like to levy they do so because the taxpayers have not called them to settle their case after the Internal Revenue Service has sent out a series of four notices.
Many times because taxpayers have moved or change their telephone numbers they are never contacted by the Internal Revenue Service. After IRS’s final notice goes out the IRS computer system systematically sends out IRS levies on paychecks, salaries and wages.Not a human hand touches that IRS Levy.
But the good news is, it very possible to get your IRS levy released and get your money back in your pocket.
IRS will need a current financial statement and that will be made on form 433-F.Find that form on our website.
IRS will want that financial statement fully documented along with copies of pay stubs, bank statements, and copies and proof of all your monthly expenses.
It is important that you be familiar with the national, regional, and local standards expense tests. IRS will compare your expenses against the average norm of the national, regional and local expenses.
After the Internal Revenue Service analyzes your financial statement against those national standards one of three 3 recommendations will be made.
IRS will then release your paycheck, salary, or wages and settle your case.
Three ways IRS will close your case.
IRS will either play your case into:
1.  a currently not collectible file where you will usually remain there for two or three years,
2. IRS will recommend a monthly installment agreement for a period of time, or
3. IRS will let you know that you are a suitable candidate to make an offer in compromise and settle your back tax debt for pennies on the dollar.
You must know that not everybody is eligible to settle their tax debt for pennies on the dollar. The offer in compromise is the terminology for those wishing to settle their debt for pennies on the dollar.
To find out quickly if you are a settlement candidate and with no cost simply go to our website and fill out the IRS pre-qualifier tool for the offer in compromise and you can find out for yourself whether you are a qualified candidate to file the offer in compromise. Remember the offer in compromise is not for everybody you must qualify.
If you need immediate help contact us today and you can speak directly to a tax attorney, certified public accountant, or former IRS agent, manager and tax instructor who will give you a no cost tax assessment and let you know the best, easiest and most affordable way to settle your IRS tax debt.
So if the IRS levy took your paycheck, salary or wages do not panic.
Important Notes

• Bank Levy – The bank holds your money for 21 days before sending it to the IRS.

• Wage Levy – Immediate Seizure and a continuous seizure. Levy does not stop until the IRS releases the Levy.

• Also know that you will need to file all your tax returns and get them current with the Internal Revenue Service.

As a general rule, if the IRS is levied your paycheck, salary or wages and they check their computer system and find out you have not filed back tax returns, the IRS flatly can refuse to release your wages or salary back to you.
Call us today and get your life back in order. We are the fast, friendly and affordable tax firm.
We are  a Florida professional tax resolution firm that has been practicing aircraft since 1982. We are A+ rated by the Better Business Bureau. You can contact us today for a free initial tax consultation.
 
IRS Levy – Get Your Money Back Today – Naples, Ft. Myers, Cape Coral, Port Charlotte

Why did IRS LEVY my Wages/Paycheck ? How can get my Wage Back FAST?

by Fresh Start Tax | Dec 10, 2013 | Tax Help

Why did IRS LEVY my paycheck?   How can get my Wage Back FAST?
Learn from a Former IRS Agent.
It is very possible to settle your case and get your Wage/Paycheck Levy Released within one day.
What you have to do to immediately get you paycheck/wages back.
The Internal Revenue Service  is going to want a current and accurate financial statement along with all documentation  to support the statement.That financial statement will be on IRS form 433-F.
IRS will be looking at your income and your assets to find out of your availability to pay the back taxes.
After the IRS reviews your financial statement they will come to a conclusion as to how they will settle your case and release the IRS levy on your wages, paycheck or salary.
As a general rule there are three ways that IRS closes cases after it sends an IRS levy out on wages or a a paycheck.
As a general rule on IRS will either:

• put you into a non-collectible hardship status because of your current financial statement,
• IRS may determine  you enter monthly installment payments, or
• let you know your suitable candidate to file an IRS offer in compromise.

 
Before you go running off filing and offer in compromise use the pre-qualifier tool to make sure you are a suitable candidate to file the offer in compromise to settle your case
It is important that you file all your back tax returns. 
IRS wants to make sure you are fully compliant on all your back tax return filings.IRS may not release your levy on your paycheck/wages unless your returns are filed.
If you have not done that and need help let us know we can prepare your back tax returns and start the process of getting your IRS levy released on your wages and paychecks.
It is very  possible to get your IRS levy released on your wages or paycheck within 24 hours.
Once we are retained by a client and receive the IRS financial statement along with all documentation, we  will contact IRS and fax the information to the agent that we are speaking to on the phone. As a general rule, when IRS receives all the information IRS will send an immediate release to your employer and you can get your wages/paycheck levy release.
What is a Wage/Paycheck Levy and the Law?
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.
Can you possible be fired?
If an employer Threatens to Fire Taxpayer Because of a Levy on Wages/Paycheck.
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.
What are the  continuous Effect of a IRS Levy a Paycheck,  Salary and Wages
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.It never, stops, you must become proactive.
Paychecks , 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.
Examples of this:
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.So, you can continue to use your account.
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.
As an 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.
A Form 668-W is issued to levy a taxpayer’s retirement income.Yes, IRS can take retirement income.
The taxpayer has a fixed right to the future payments; therefore, the levy remains in effect until it is released.
Exempt Amount for a Wage or Paycheck Levy

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.
Income that is not paid weekly is prorated, so the same amount is exempt.
Child Support
In addition, the amount the taxpayer needs to pay court ordered child support is exempt.
The support order can originate from a court or administrative process under the laws and procedures of a state, territory or possession.
Reminder:
If support is allowed, the same child can not be claimed as an exemption for figuring the exempt amount.
If    Then
The taxpayer has already shown proof of the required child support payment     Write on the levy form, “Under section 6334 (a)(8) of the Internal Revenue Code, $ ____________________is exempt from this levy.”
The taxpayer shows proof of the child support after the levy is served     Release enough of the levy so the support can be paid.
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 IRS campus office.
 
Claiming the Exempt Amount
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.
The taxpayer can give the statement to the employer later to change the exempt amount.
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.
Joint Liabilities on Taxes

For joint liabilities, generally levy the income of the spouse with the larger income.
Levy both incomes only in flagrant cases of neglect or refusal to pay. Secure group manager approval to issue notices of levy on the income of both spouses’ living in the same household.
If taxpayers are separated, consider collecting from both spouses’ income rather than collecting from one spouse’s income.
If you are having problems because the IRS is levied your paycheck or bank account contact us today and let us help you through the process to get your life back in order.
 We are A+ rated by the Better Business Bureau and are comprised of former IRS agents managers and tax instructors as well as certified public accountants and tax attorneys.
 
Why did IRS LEVY my Wages/Paycheck ?  How can get my Wage Back FAST?
 

Bank Account Levy – IRS Levy Help – Orlando, St. Pete, Tampa, Jacksonville – Former IRS

by Fresh Start Tax | Dec 9, 2013 | Tax Help

 
Did IRS LEVY Your Bank Account? Stop IRS with former IRS Agents and Managers

Get your Bank Account Levy released and your case settled all at the same time.
As a former IRS agent  and teaching instructor I have found that many taxpayers are surprised that the IRS levied their bank account.
They knew about things like that but they never thought it might happen to them.
Not only are they surprised, they are shocked because there funds have been seized and frozen by the bank.
But you can get tax relief by calling us. 1-866-700-1040
 
IRS does not want to levy, really!
You may have a hard time believing this but the Internal Revenue Service does not want to send IRS bank levies on taxpayer accounts.
As a former IRS agent I have served thousands and thousands of bank account levies belonging to taxpayers and the reason I did this is very simple.Taxpayers never responded to the letters and calls that I had made to them to try to settle there case and they never contacted me back.
Sadly some taxpayers have moved and never notified the IRS and never received there final notices.
Per IRS, I had to follow up with a bank account levy. You have no choice in the matter. No response, you get a IRS bank account levy.
 
There is some  Good News however.
Bank account levies can be removed within three days if you hire a competent professional firm that knows what they are doing.
 
Required for a IRS Bank Account Release.
What is required of the taxpayer is to send the IRS a current financial statement which is on form 433F along with all documentation and all and substantiation and a proposed plan of action.
You can find that form on our website.
After IRS carefully reviews your current financial situation IRS will close your case and release the IRS levy on your bank account.It is best to call the IRS at the phone number on your letter and be ready to give fax them and give them the 433F information.
 
How does the IRS Settle these cases?
IRS when settling your case will either put you into;

• a non-collectible status due to your will current financial condition,
• insist that you make a monthly installment payment with them or
• consider you a candidate for offer in compromise.

 
Your current financial statement determines the outcome of your case and therefore you must be accurate, honest about your current financial situation.
 
As a general Rule
As a general rule when we work most cases with the IRS we can get bank account levies released within a 72 hour.
The only thing that slows us down is the taxpayer/ client.
Once we have the financial statement and documentation in our hand we usually can get a levy release on a bank account that very day.
 
Other information you should know about IRS Levies
The Internal Revenue Service only freezes the money in your bank account for a 21 day period of time.
That means you can continue to use your bank account except for the monies that were frozen on the day the bank received a levy.
You can continue to make deposits and operate that bank account as if no bank account levy occurred.
If you have any questions or concerns call us on this and we can shed more light on this issue for you.
 
What is a IRS Levy in the first place?
A levy is a legal seizure of your property to satisfy a tax debt.
Internal Revenue Service levies are different from IRS tax liens.
While a lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.
If the IRS sent you a levy the IRS tax lien is not far away.
If you do not pay your taxes the IRS may seize and sell any type of real or personal property that you own or have an interest in.
IRS has the ability to seize and sell property that you hold such as your car, boat, or house, or IRS could levy/seize property that is yours but is held by someone else such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions.
Basically the IRS can seize anything may want including your Ira,  401(k) or anything with equity unit.
 
IRS Bank Account Levies
If IRS levies your bank account, your bank must hold funds you have on deposit, up to the amount you owe, for 21 days.
This holding period allows time to resolve any issues about account ownership.
After 21 days, the bank must send the money plus interest, if it applies, to the IRS. To discuss your case, call the IRS employee whose name is shown on the Notice of Levy.
The IRS three requirements before IRS Bank Account Levy:
1. IRS assessed the tax and sent you a Notice and Demand for Payment;
2. You neglected or refused to pay the tax; and
3. IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.
A levy release does not mean you are exempt from paying the balance.
The IRS will work with you to establish payment plans or take other steps to help you pay off the balance.
To help ensure quick action, please have the fax number available for the bank or employer office that is processing the levy.
Levies on Wages, not a good thing!  For employers – They are continuous and immediate.
Employers generally have at least one full pay period after receiving a Form 668-W, Notice of Levy on Wages, Salary and Other Income before they are required to send any funds from their employee’s wages.
You should encourage your employees that have a levy placed on their wages to contact the IRS as soon as possible to discuss a release of levy and resolution of their tax liability.
Managerial Review of a Bank Account Levy
You may ask an IRS manager to review your case, or you may request a Collection Due Process hearing with the Office of Appeals by filing a request for a Collection Due Process hearing with the IRS office listed on your notice.
You must file your request within 30 days of the date on your notice.
Some of the issues you may discuss include the following:
1. You paid all you owed before we sent the levy notice,
2. The IRS assessed the tax and sent the levy notice when you were in bankruptcy, and subject to the automatic stay during bankruptcy,
3. The IRS We made a procedural error in an assessment,
4. The time to collect the tax (called the statute of limitations) expired before we sent the levy notice,
5. You did not have an opportunity to dispute the assessed liability,
6. You wish to discuss the collection options, or
7. You wish to make a spousal defense. These are with the innocent spouse cases
Office of Appeals
At the conclusion of your hearing, the Office of Appeals will issue a determination.
You will have 30 days after the determination date to bring a suit to contest the determination. If your property is levied or seized, contact the employee who took the action. You also may ask the manager to review your case.
If the matter is still unresolved, the manager can explain your rights to appeal to the Office of Appeals.
 
Fresh Start Tax LLC a Florida firm.
We are comprised of tax attorneys, certified public accountants, former IRS agents managers and tax instructors.
You can contact us today and we can work out a tax settlement with the Internal Revenue Service and get your IRS levy on your bank account released.
We are A+ rated by the Better Business Bureau.
We are the affordable experts for all  and bank account, wages levies and tax settlements in the state of Florida.
 
Bank Account Levy – IRS Levy Help – Orlando, St. Pete, Tampa, Jacksonville – Former IRS

Why did IRS LEVY my Bank Account? How can I STOP IRS – Former IRS

by Fresh Start Tax | Dec 9, 2013 | Tax Help

Why did IRS LEVY my Bank Account?
You can get your IRS levy removed within 72 hours and settle your case with the IRS.
As a former IRS agent many taxpayers are surprised that the IRS levied their bank account. They knew about things like that but they never thought it might happen to them.
Not only are they surprised, they are shocked because there funds have been seized and frozen by the bank. But there is good news as you keep reading.
You may have a hard time believing  this but the Internal Revenue Service does not want to send IRS bank levies on taxpayer accounts.
As a former IRS agent I have served thousands and thousands of bank account levies belonging to taxpayers and the reason I did this is very simple.
Taxpayers never responded to the letters and calls that I had made to them to try to settle there case and they never contacted me back.
Per IRS, I had to follow up with a bank account levy.
 
The Good News.
About 50% of the time bank account levies can be removed within three days  if you hire a professional firm that knows what they are doing.
What is required of the taxpayer is to send the IRS a current  financial statement which is on form 433F  along with all documentation and all and substantiation and a proposed plan of action.
After IRS carefully reviews your current financial situation IRS will close your case and release the IRS levy on your bank account.
IRS when settling your case will either put you into a non-collectible status due to your  will  current financial condition, insist that you make a monthly installment payment with them or consider you a candidate for offer in compromise.
Your current financial statement determines the outcome of your case and therefore you must be accurate, honest about your current financial situation.
As a general rule when we work most cases with the IRS we can get bank account levies released within a 72 hour.
The only thing that slows us down is the taxpayer/ client. Once we have the financial statement and documentation in our hand we usually can get a levy release on a bank account that very day.
Other information you should know.
The Internal Revenue Service only freezes the money in your bank account for a 21 day period of time.
That means you can continue to use your bank account except for the monies that were frozen on the day the bank received a levy.
You can continue to make deposits and operate that bank account as if  no  bank account levy occurred. If you have any questions or concerns call us on this and we can shed more light on this issue for you.
 
What is a Levy in the first place?

A levy is a legal seizure of your property to satisfy a tax debt.
Internal Revenue Service levies are different from IRS tax liens.
While a lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt. These two are often confused.
If the IRS sent you a levy the lien is not far away.
If you do not pay your taxes the IRS may seize and sell any type of real or personal property that you own or have an interest in.
IRS has the ability to seize and sell property that you hold such as your car, boat, or house, or IRS could levy/seize property that is yours but is held by someone else such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions.
 
IRS Bank Account Levies
If IRS levies your bank account, your bank must hold funds you have on deposit, up to the amount you owe, for 21 days.
This holding period allows time to resolve any issues about account ownership.
After 21 days, the bank must send the money plus interest, if it applies, to the IRS. To discuss your case, call the IRS employee whose name is shown on the Notice of Levy.
 
The IRS three requirements before IRS Bank Account Levy:
1. IRS assessed the tax and sent you a Notice and Demand for Payment;
2. You neglected or refused to pay the tax; and
3. IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy.
IRS may give you this notice in person, leave it at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested.
 
What the Release means
A levy release does not mean you are exempt from paying the balance.
The IRS will work with you to establish payment plans or take other steps to help you pay off the balance.
To help ensure quick action, please have the fax number available for the bank or employer office that is processing the levy.
Levies on Wages
Employers generally have at least one full pay period after receiving a Form 668-W, Notice of Levy on Wages, Salary and Other Income before they are required to send any funds from their employee’s wages.
Encourage your employees that have a levy placed on their wages to contact the IRS as soon as possible to discuss a release of levy and resolution of their tax liability.
 
Managerial Review
You may ask an IRS manager to review your case, or you may request a Collection Due Process hearing with the Office of Appeals by filing a request for a Collection Due Process hearing with the IRS office listed on your notice.
You must file your request within 30 days of the date on your notice. Some of the issues you may discuss include:

• You paid all you owed before we sent the levy notice,

• Internal Revenue Service assessed the tax and sent the levy notice when you were in bankruptcy, and subject to the automatic stay during bankruptcy,

• The IRS made a procedural error in an assessment,

• The time to collect the tax called the statute of limitations expired before we sent the levy notice,

• You did not have an opportunity to dispute the assessed liability,

• You wish to discuss the collection options, or

• You wish to make a spousal defense.

 
The IRS Office of Appeals may help you

At the conclusion of your hearing, the Office of Appeals will issue a determination. You will have 30 days after the determination date to bring a suit to contest the determination. Refer to Publication 1660 (PDF), for more information.
If your property is levied or seized, contact the employee who took the action. You also may ask the manager to review your case.
If the matter is still unresolved, the manager can explain your rights to appeal to the Office of Appeals.
Fresh Start Tax LLC
We are comprised of tax attorneys, certified public accountants, former IRS agents managers and tax instructors.
You can contact us today and we can work out a tax settlement with the Internal Revenue Service and get your IRS levy on your bank account released.
We are A+ rated by the Better Business Bureau.
 
Why did IRS LEVY my Bank Account?  How can I STOP IRS – Former IRS