by Fresh Start Tax | Dec 10, 2013 | Tax Help, Tax Levy and Wage Garnishments
IRS Levy took your Paycheck, Salary, Wages – How to get immediate tax relief
Sometimes like a thief in the night you find out that your paycheck, salary or wages have been levied by Internal Revenue Service and you have no money to go ahead and pay your bills and immediate panic sets in.
The process to get your paycheck, salary or wages back in your pocket is a very simple process.
Taxpayers are levied because they fail to answer an IRS notice, letter or IRS contact.
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.
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.
IRS has certain formulas based on the national standard tests that you can find on our website. They apply those standard test against your income.
After the Internal Revenue Service analyzes your financial statement against those national standards one of three 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:
- a currently not collectible file where you will usually remain there for two or three years,
- IRS will recommend a monthly installment agreement for a period of time, or
- 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.
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.
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 Note
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.
by Fresh Start Tax | Oct 9, 2013 | Tax Levy and Wage Garnishments
Due to our years of IRS tax experience we know the systems, the protocols, the procedures to go ahead and reverse IRS bank and wage Levy garnishment seizures.
There is a very specific system/process to do that quickly!
Because of our 60 years of combined IRS work experience in the local, district, and regional tax office of the Internal Revenue Service we know the quickest, the most affordable and effective way to get your money back in your hands as soon as humanly possible.
Searching for a Company to Help
If you are searching for a online professional tax firm, do your research and due diligence. There are many scam artist. Chose someone that has a professional license with professional on staff.
Most of the tax relief companies that you find online are advertising and marketing company selling your information to third parties.
If you are filling out a contact form there is a 90% chance that your information is up for sale to the highest bidder.
As a general rule your information is worth $50-$60 for some company to buy the right to represent you.
Most of the sites you see on the Internet do not do the work they simply sell the work to anyone in the United States willing to pay.
If you hire a tax firm to the do the work, check out their bios, their experience and ask to speak directly to the person that’ll be handling your case.
Almost 90% of the time when you call a company that is online you will be speaking to a salesperson who is a commissioned person trying to sign you up. They know little about tax law, tax representation and no little about actually reversing an IRS bank wage levy other than to making sure they sign you up for a commission.
The Process to Reverse IRS Bank, Wage Levy Seizures
You may find this hard to believe but the IRS did not want to send out a bank or seizure levy notice.
They are required to do so if taxpayers do not follow up on the final notice or bill that was sent to their last known address.
Many of you reading this may never have even received a final notice or bill because the information was sent to the wrong address. IRS is only required to send the final notice to your last address they have on file of your last tax return.
The Internal Revenue Service will make sure all your tax returns are filed. If you are not current in filing we can help you through this process to make sure all the work is done at one time. This is a very systematic process.
Our goal is to reverse the IRS bank and wage levy seizure and settle your case all at the same time.
To reverse the IRS bank, wage levy seizure you will need to give IRS a current financial statement which is on form 433F.
You can find that form on our website. The Internal Revenue Service will want that form completely documented with proof all income and expenses. This will aslo include pay stubs and bank statements.
Once you turn that info over to the IRS agent working the case , the agent will review financial statement and all the information to support it.
The Internal Revenue Service will close your case and issue a reversal or removal of the IRS bank, wage Levy garnishment seizure.
They can send the reversal, removal or release by fax directly to the parties holding the actual bank, wage levy seizure. This all can take place in one day.
When the IRS closes the case and reverses the IRS bank and wage levy seizure the IRS will do so by one of these three closing methods.
The Internal Revenue Service will either closure case because you are:
- currently noncollectable,
- IRS will want at monthly installment or payment plan ,
- the IRS will consider the filing of an offer in compromise if you qualify.
Make sure you find a competent firm who is well experienced in handling these matters. You can contact us today for free initial tax consultation.
We have been reversing and removing IRS bank or wage levy seizures since 1982. We are A+ rated by the Better Business Bureau.
We are the true affordable tax relief experts.
Reverse Remove IRS Bank, Wage Levy Seizures – Affordable Tax Relief From IRS Experts
by Fresh Start Tax | Sep 17, 2013 | Tax Levy and Wage Garnishments
If you have just received an IRS notice of levy on salary, wages, or a bank account contact us today and we can stop this IRS seizure action immediately.
We are a local Florida firm and have been in practice in Florida since 1982. We are A+ rated by the Better Business Bureau.
The very best way to combat the IRS is with former IRS agents and managers who know the system. While former employees at Internal Revenue Service we used to issue these notices of levy so it only makes sense that were experts on knowing how to get them released.
We know the exact protocol the exact format in the exact system to stop IRS immediately.
We not only will get IRS to stop your levy on salary, wages or bank accounts we will also close and settle your case off the IRS enforcement computer.
We have over 60 years of combined work experience in the local, district, and regional tax offices of the Internal Revenue Service.
While employed at IRS we taught tax law to new agents. We can go ahead and stop levies on salary, wages and bank account levies quickly and for affordable pricing.
It is a very simple process to stop in Internal Revenue Service notice of levy.
Two points of interest.
Bank Levy – if you have received a IRS bank levy, please be advised that your money or funds are frozen in that bank account for a period of 21 days.
The Internal Revenue Service gives you approximately 3 weeks to call them and give them the necessary information so they can release the levy and work out a temporary settlement with them. You may continue to use that bank account without fear of IRS taking that money. The only money that is frozen is the money that was in the account the day the bank received the levy.
Wage, Salary Levy – Unlike the bank levy, a wage or salary levy is an immediate seizure of your wages. It is a continuous levy and will occur every time payday comes.
To get your bank levy or your wage levy released you will need to submit fully documented financial statement to the Internal Revenue Service so they can make a determination on your case. We can make this process extremely simple.
How we can immediately get Notices of Bank Levy and Wage Garnishment Released.
As former IRS Agents, Managers and Instructors we have issued thousands of IRS Wage/Garnishment and Bank Levies.We know exactly how to quickly get them released.
1. We immediately send a power of attorney to the IRS letting them know we are now your representative. You will never have to speak to them and all correspondence and communication goes through our office.
2. We will make sure all your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case. This is leverage that they use to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days, even if you have lost your tax records. As a reminder you should make sure that you are having enough money withheld out of your current paychecks to make sure you will not owe tax in the future
3. The IRS requires a current financial statement. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement. The IRS will require a closing settlement method for each case.
4. We review with our clients how they want to settle their case. We get them an agreement based on their current financial needs.
IRS Tax Settlement Agreements can be in different forms:
a. Hardship Settlements.
Cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable.
Your case will go into a hardship status because you do not have the income coming in to meet your current expenses. The IRS will use the National Standards Program to assess hardship.
b. Payment Agreements.
Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs the IRS uses for the lowest possible amount required.
c. Offer in Compromise.
There are three types of OICs:
The IRS may accept an Offer in Compromise based on 3 three grounds:
1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.
2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include:
(1) the examiner made a mistake interpreting the law,
(2) the examiner failed to consider the taxpayer’s evidence or
(3) the taxpayer has new evidence.
3. Effective Tax Administration/ Exceptional Circumstances – There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists that would allow the IRS to consider an OIC. To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.
Call us today and you can speak directly what tax professional at Fresh Start Tax. We are A+ rated and have been in practice since 1982.
STOP IRS Levy = Salary, Wages, Bank Accounts – Jacksonville, Tampa, St. Pete, Orlando, Miami – Florida
by Fresh Start Tax | Sep 17, 2013 | Tax Levy and Wage Garnishments
STOP IRS Levy + Salary, Wages, Bank Accounts – We can STOP the NOW
The very best way to stop the IRS is with former IRS agents and managers who know the system.
We not only will get IRS to stop your levy on salary, wages or bank accounts we will also close and settle your case off the IRS enforcement computer.
We have over 60 years of combined work experience in the local, district, and regional tax offices of the Internal Revenue Service.
While employed at IRS we taught tax law to new agents. We can go ahead and stop levies on salary, wages and bank account levies quickly and for affordable pricing.
It is a very simple process to stop in Internal Revenue Service levy.
Two points of interest.
Bank Levy – if you have received an IRS bank levy be advised that your money is frozen in that bank account for a period of 21 days. The Internal Revenue Service gives you approximately 3 weeks to call them and give them the necessary information so they can release the levy and work out a temporary settlement with them.
Wage, Salary Levy – Unlike the bank levy, a wage or salary levy is an immediate seizure of your wages. It is a continuous levy and will occur every time payday comes.
To get your bank levy or your wage levy released you will need to submit fully documented financial statement to the Internal Revenue Service so they can make a determination on your case. We can make this process extremely simple.
How we can immediately get Notices of Bank Levy and Wage Garnishment Released.
As former IRS Agents, Managers and Instructors we have issued thousands of IRS Wage/Garnishment and Bank Levies.
We know exactly how to quickly get them released.
1. We immediately send a power of attorney to the IRS letting them know we are now your representative. You will never have to speak to them and all correspondence and communication goes through our office.
2. We will make sure all your tax returns are filed and current. If your tax returns are not up to date, the IRS will refuse to work your case. This is leverage that they use to get you compliant. We can pull tax transcripts, file and prepare your tax returns within days, even if you have lost your tax records.
3. The IRS requires a current financial statement. We will secure a required 433-F (IRS financial statement), verify the income and expenses and work out a settlement agreement. The IRS will require a closing settlement method for each case.
4. We review with our clients how they want to settle their case. We get them an agreement based on their current financial needs.
IRS Tax Settlement Agreements can be in different forms:
a. Hardship Settlements.
Cases usually go into a 3 year suspended status because of an inability to pay. This is also called currently noncollectable. Your case will go into a hardship status because you do not have the income coming in to meet your current expenses. The IRS will use the National Standards Program to assess hardship.
b. Payment Agreements.
Cases can be closed with agreed upon monthly installment payments to the IRS. We will review the different programs the IRS uses for the lowest possible amount required.
c. Offer in Compromise.
There are three types of OICs:
The IRS may accept an Offer in Compromise based on three grounds:
1. Doubt as to Collectibility – Doubt exists that the taxpayer could ever pay the full amount of tax liability owed within the remainder of the statutory period for collection.
2. Doubt as to Liability – A legitimate doubt exists that the assessed tax liability is correct. Possible reasons to submit a doubt as to liability offer include:
(1) the examiner made a mistake interpreting the law,
(2) the examiner failed to consider the taxpayer’s evidence or
(3) the taxpayer has new evidence.
3. Effective Tax Administration/ Exceptional Circumstances – There is no doubt that the tax is correct and there is potential to collect the full amount of the tax owed, but an exceptional circumstance exists that would allow the IRS to consider an OIC. To be eligible for compromise on this basis, a taxpayer must demonstrate that the collection of the tax would create an economic hardship or would be unfair and inequitable.
Call us today and you can speak directly what tax professional at Fresh Start Tax. We are A+ rated and have been in practice since 1982.
STOP IRS Levy + Salary, Wages, Bank Accounts + We can STOP IRS NOW
by Fresh Start Tax | Sep 16, 2013 | Tax Levy and Wage Garnishments
We are a Florida tax firm that specializes in IRS and state tax resolution.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional offices in the state of Florida. We are true professional tax experts.
We are Florida’s affordable tax professionals.
We are comprised of tax attorneys, certified public accountants, and former IRS agents, managers and tax instructors.
We are A+ rated by the Better Business Bureau since 1982.
You can call us today and we can stop in IRS paycheck, salary or wage garnishment levy released as fast as anybody.
Being former IRS agents, managers and tax instructors we know the exact systems, settlement strategies, protocol and the exact procedures necessary to stop an IRS tax levy on a paycheck, salary or wages.
Paycheck, Salary, Wages Tax Levy Garnishments
An individual’s paycheck, wages, salary, and other income can be levied. The Internal Revenue Service sends out 2.8 million wages and bank accounts each year so you are not alone.
Wages, salary, and other income include payment for personal services in a work relationship. The Internal Revenue Service can even seize Social Security, Ira and pension benefits.
You can stop the paycheck, wages or salary levy by knowing the system within the Internal Revenue Service.
And after 60 years of combined work experience at the IRS we know the exact system and process to get immediate releases of paycheck, salary, and wage tax levies.
Of all the different tax levies that Internal Revenue Service can issue, the paycheck, wages and salary levy is the most damaging because it is a continuous levy that occurs each and every paycheck over and over until IRS issues a full paycheck or salary levy release.
It is in your best interest to immediately contact the IRS or professional tax firm to stop this levy.
By law, if the employer fails to comply the employer will become liable for the amount of levy that was not turned into the Internal Revenue Service.
The IRS will issue a final notice and demand and then take enforcement action.
Believe it or not, the Internal Revenue Service does not like to seize the paychecks of taxpayers but it has no choice. The Internal Revenue Service usually sends out at least 3 to 4 notices to the taxpayer’s last known address and request that the taxpayer contact the IRS to resolve the matter.
Tax Levy’s are attention getters to get the taxpayer to call the IRS so they can get information to close the case off of the IRS enforcement computer. not a human hand touches a levy that is sent out by the Internal Revenue Service. It is all done systemically by the IRS CADE2 computer
The IRS Form 668-W Notice of LEVY
The a paycheck, salary, wage levy occurs when the employer receives a IRS form 668-W.
It is important to note that if you receive an IRS bank levy it is only a one-time levy or seizure unlike the paycheck, wage or salary levy.
Not only is the paycheck, salary or wage levy damaging financially it many time hurts the relationship between the employee and employer.
We would urge any employee receiving a paycheck, salary or wage Levy garnishment notice to sit down and talk with their employer to let them know they are planning to resolve this and get their tax life back in order.
As a service to our clients we will contact your employer and explain to them that we are working with the Internal Revenue Service to take care of your situation.
As former IRS agents and managers we have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS. As a result of all our years of work experience we know the exact systems and protocols that to stop a paycheck levy or a bank levy burden.
STOPPING a tax levy on a paycheck, salary, wage levy garnishment.
The Internal Revenue Service issues a paycheck levy or salary levy because a taxpayer has not responded to the final notice that IRS sends each and every taxpayer.
If a taxpayer has moved they might have never received the final bill or tax notice telling them that IRS was about to take seizure action.
It is important to know that if you move you should contact the IRS to let them know of the change of address so you receive current and up-to-date information from the IRS. As a general rule this is the last thing people want to do but we encourage our clients to make sure their top of this.
Believe it or not one third of the IRS notices of levy and wage garnishment taxpayers never received the last IRS notice or bill telling him to call the IRS.
The Financial Statement – The 433F
To get the Internal Revenue Service to stop a levy on a paycheck, salary, or wage garnishment you must submit to IRS a current financial statement on form 433F.
You can find that form on our website.
If you owe under $25,000 it is very possible that we (FST) can simply go online and get a current installment agreement for you. You must know that all your tax returns must be filed.
The financial statement that IRS will want you to submit to the ACS unit to make a determination on your levy release is found on a form 433-F.
You will need to fill out a complete and accurate financial statement and also be willing to provide IRS with current bank statements, current wage information, and all monthly income and expenses.
You will need to send or fax the Internal Revenue Service all documentation for inspection. This is a very simple process.
The Internal Revenue Service will also require that all your tax returns are filed, current and up-to-date on the IRS computer system.
We can file all your back tax returns at this is an issue. If you not have the tax records available to file your back tax returns being former IRS agents and managers we can help by doing a tax return reconstruction.
The Internal Revenue Service will not release a paycheck levy, a salary levy, or a wage levy until they have a closing method on your case.
After IRS reviews your financial statement there are one of three general remedies they will use to close your case to get it off the IRS collection computer.
Once the Internal Revenue Service has all your information they need on your financial statement, as a general rule, they will will release your levy the very same day.
To stop your tax Levy today we will need your complete financial statement along with all documentation.
We will then send IRS a power of attorney, call them and get your case closed off of the IRS collection computer. IRS will then fax a release to your employer.
The only thing that holds us up from getting your levy released is you!
How will the IRS close your case
The Internal Revenue Service needs a closing a method to close case off the collection computer and to release your paycheck wage or salary levy.
After the Internal Revenue Service carefully reviewed your financial statement and all your documentation to support it, the IRS uses one of the three following closing methods.
The Internal Revenue Service will either place your case into:
1. a currently non-collectible file, CNC, Please note that these cases stay in a non-collectible file for 2 to 3 years. IRS always brings these cases back for review and a future time.
2. IRS may ask you to make a monthly installment or payment agreement, or
3. The IRS will tell you that you are a qualified and suitable candidate to file an offer in compromise. The filing of an offer in compromise is a much longer and complicated process.
Before we submit an offer in compromise we will need to set up a detailed conversation with you to walk you through the process and have you go through the pre-qualifier tool that you will find our website.
Your financial statement will determine what method the IRS will use to close your case. When we are retained by clients we carefully review their financial statement and find out which closing method best fits your financial capabilities.
We will go ahead and review your financial statement and explore the different closing methods that best suits your financial condition.
It is important not to be ripped off by Internet companies that tell you they can settle your case for pennies on the dollar.
It is important to check the Better Business Bureau ratings before retaining any firm and make sure they are not promising you the moon.
Another caution that taxpayer should be aware of, when trying to retain a firm to remove your paycheck, salary wage levy be aware, when calling, you may be speaking to sales tax personnel and not an actual tax professional.
You must use credible and credentialed professionals.
We are A+ rated by the Better Business Bureau because of our understanding and knowledge of the tax resolution industry and simply because of our years of experience with the Internal Revenue Service.
Call us today for free initial tax consultation so we can immediately and permanently your IRS or State tax problem.
Paycheck, Salary, Wages Levy – Jacksonville, Tampa, St. Pete, Orlando – Florida Tax Firm
by Fresh Start Tax | Sep 16, 2013 | Tax Levy and Wage Garnishments
We are composed of tax attorneys, certified public accountants, and former IRS agents, managers and tax instructors.
We are a local South Florida tax firm has been practicing since 1982 right here in South Florida and we are A+ rated by the Better Business Bureau.
You can call us today and we can stop in IRS paycheck, salary or wage garnishment levy released as fast as anybody.
Being former IRS agents, managers and tax instructors we know the exact systems, settlement strategies, protocol and the exact procedures necessary to stop an IRS tax levy on a paycheck, salary or wages.
Paycheck, Salary, Wages Levy
An individual’s paycheck, wages, salary, and other income can be levied. Wages, salary, and other income include payment for personal services in a work relationship.
You can stop the paycheck, wages or salary levy by knowing the system within the Internal Revenue Service.
Of all the different tax levies that Internal Revenue Service can issue, the paycheck, wages and salary levy is the most damaging because it is a continuous levy that occurs each and every paycheck over and over until IRS issues a full paycheck or salary levy release.
Believe it or not the Internal Revenue Service does not like to seize the paychecks of taxpayers but it has no choice.
They are attention getters to get the taxpayer to call the internal revenue service so they can get information to closed off of the IRS enforcement computer.
The Form 668-W
The a paycheck, salary, wage levy occurs when the employer receives a IRS form 668-W.
It is important to note that if you receive an IRS bank levy it is only a one-time levy or seizure unlike the paycheck, wage or salary levy.
Not only is the paycheck, salary or wage levy damaging financially it many time hurts the relationship between the employee and employer. We would urge any employee receiving a paycheck, salary or wage Levy garnishment notice to sit down and talk with their employer to let them know they are planning to resolve this and get their tax life back in order.
As former IRS agents and managers we have over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the IRS. As a result of all our years of work experience we know the exact systems and protocols that to stop a paycheck levy or a bank levy burden.
STOPPING a tax levy on a paycheck, salary, wage levy.
The Internal Revenue Service issues a paycheck levy or salary levy because a taxpayer has not responded to the final notice that IRS sends each and every taxpayer. If a taxpayer has moved they might have never received the final bill or tax notice telling them that IRS was about to take seizure action. Believe it or not one third of the IRS notices of levy and wage garnishment taxpayers never received the last IRS notice or bill telling him to call the IRS.
The Financial Statement
To get the Internal Revenue Service to stop a levy on a paycheck, salary, or wage garnishment you must submit to IRS a current financial statement on form 433F.
You can find that form on our website.
If you owe under $25,000 it is very possible that we (FST) can simply go online and get a current installment agreement for you.
The financial statement that IRS will want you to submit to the ACS unit to make a determination on your levy release is found on a form 433-F. You can find it directly on our website.
You will need to fill out a complete and correct financial statement and also be willing to provide IRS with current bank statements, current wage information, and all monthly income and expenses. You will need to send or fax the Internal Revenue Service all documentation for inspection. This is a very simple process.
The Internal Revenue Service will also require that all your tax returns are filed, current and up-to-date on the IRS computer system. We can file all your back tax returns at this is an issue. If you not have the tax records available to file your back tax returns being former IRS agents and managers we can help by doing a tax return reconstruction.
The Internal Revenue Service will not release a paycheck levy, a salary levy, or a wage levy until they have a closing method on your case. (this all can happen in one day )
After IRS reviews your financial statement there are one of three general remedies they will use to close your case to get it off the IRS collection computer.
Once the Internal Revenue Service has all your information they need on your financial statement, as a general rule, they will will release your levy the very same day.
To stop your tax Levy today we will need your complete financial statement along with all documentation.
We will then send IRS a power of attorney, call them and get your case closed off of the IRS collection computer. IRS will then fax a release to your employer.
The only thing that holds us up from getting your levy released is you!
How will the IRS close your case
The Internal Revenue Service needs a closing a method to close case off the collection computer and to release your paycheck wage or salary levy. After the Internal Revenue Service carefully reviewed your financial statement and all your documentation to support it, the IRS uses one of the three following closing methods.
The Internal Revenue Service will either place your case into:
- a currently non-collectible file, CNC,
- ask you to make a monthly installment or payment agreement or
- the IRS will tell you that you are a qualified and suitable candidate to file an offer in compromise. The filing of an offer in compromise is a much longer and complicated process.
Your financial statement will determine what method the IRS will use to close your case. When we are retained by clients we carefully check their financial statement and find out which closing method best fits your financial capabilities.
We will go ahead and review your financial statement and explore the different closing methods that best suits your financial condition.
It is important not to be ripped off by Internet companies that tell you they can settle your case for pennies on the dollar. It is important to check the Better Business Bureau ratings before retaining any firm and make sure they are not promising you the moon.
You must use credible and credentialed professionals
We are A+ rated by the Better Business Bureau because of our understanding and knowledge of the tax resolution industry and simply because of our years of experience with the Internal Revenue Service.
Other Information
Can 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 Continuous Effect of Levy on Salary, Paycheck and Wages
Unlike other tax 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.
Example:
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.
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.
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 on Paychecks, Salary, Wage Levies
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 prorate, so the same amount is exempt.
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.
Contact us today for a free initial tax consultation and let us start your process to get your paycheck, salary or wage garnishment levy released today.
We will immediately send IRS a power of attorney , send them your current financial statement, obtain a closing method that best suits your financial means at the current time and have IRS issue an immediate release of a tax levy in your paycheck, salary or wages. We will also review with you whether you are a qualified and suitable candidate for IRS tax settlement called an offer in compromise.
We’re A+ rated for a reason. We are one of the most trustworthy, experienced and affordable firms in the tax resolution industry.
When you call our firm you will speak directly to a true tax professional.
STOP Paycheck, Salary, Wages Levy – Miami, Ft.Lauderdale, Boca, Palm Beaches
Paycheck, Salary, Wages Levy – STOP Tax Levy with Former IRS Agents