by Fresh Start Tax | Dec 26, 2012 | Tax Levy and Wage Garnishments
Tax Levy Removal – Bank, Wage Levies Removed – Fast & Affordable
We are comprised of Tax Attorneys, CPA’s and Former IRS Agents who have over 60 years of direct work experience in the local, district and regional offices of the IRS.
Call us today and we can go over your tax options to get a Tax Levy Removal. Once we are provided with your information we can get same day releases of a tax levy.
1-866-700-1040 A plus rated BBB
How Tax Levies are removed.
IRS will require a number of things to get your tax levy removed.
IRS will ask for a 433A or a 433F depending who has control of the case. Both of those forms are IRS financial statements. IRS will require those financial statements documented.
IRS will then apply your expenses against the National and Regional Standards. IRS will analyze the information and then make a decision to put your case in one of three categories.
IRS will either put your case in a IRS tax hardship, make a payment agreement or we recommend the filing of a offer in compromise.
You must also have all tax returns file and up to date.
It is of critical importance you have a tax professional qualify your case before submitting the financial statement to the IRS so you can the best possible settlement structure.
We will qualify all financials statements for no charge.
What is a Tax Levy – Tax Liens vs Tax Levies
A tax levy is a legal seizure of your property to satisfy a tax debt. Tax levies are very different from federal tax liens.
A federal tax lien is a claim used as security for the tax debt, while a tax levy actually takes the property to satisfy the tax debt. A levy is an actual seizure by the FEDS.
If you do not pay your taxes or make arrangements to settle your debt the IRS may seize and sell any type of real or personal property that you own or have an interest in.
IRS has the right to seize and sell property that you hold such as your car, boat, house, or your IRA or pension. IRS can also levy on Social Security.
IRS could also levy 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 can only usually levy only after these three requirements are met:
1. The Internal Revenue Service assessed the tax and sent you a Notice and Demand for Payment,
2. You the taxpayer 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.
Method of Delivery of a Tax Levy
IRS may give you this notice:
1. in person,
2. leave it at your home or,
3. your usual place of business,
4. or send it to your last known address by certified or registered mail, return receipt requested.
Options for the taxpayer who has been levied
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:
a. You paid all you owed before we sent the levy notice,
b. We assessed the tax and sent the levy notice when you were in bankruptcy, and subject to the automatic stay during bankruptcy,
c. We made a procedural error in an assessment,
d. The time to collect the tax called the statute of limitations)expired before we sent the levy notice, ( the collection statue is usually 10 years.)
e.You did not have an opportunity to dispute the assessment.
Tax Levy Removal – Bank, Wage Levies Removed – Fast & Affordable
Call us today to get results.
by Fresh Start Tax | Dec 20, 2012 | Tax Levy and Wage Garnishments
IRS Final Notice Levy or Seize – STOP THE IRS NOW – IRS Letter, Notice 1058 Free consult 1-866- 700-1040
Let Former IRS agents, managers and instructors get you immediate tax relief. We know the system.
We are a professional tax firm with a specialty in IRS tax resolution. If you have received a IRS Final Notice of Levy or Intent to seize call us today and we can and guarantee that we will stop the IRS.
We have over 60 years of direct tax experience and over 205 years of total tax experience.
Some facts you should regarding the IRS Final Notice and Levy process
IRS must send out certain required notices
Before property can be levied by the IRS, the taxpayer must be given a
1. Notice and demand
2. Notice of Intent to Levy and,
3. Notice of a Right to a Collection Due Process (CDP) hearing
When a notice of levy is issued to a third party, it is a third party contact.
Unless an exception applies, taxpayers must be given reasonable notice the IRS plans to make such contacts to collect delinquent tax.
It is the legal position of the Internal Revenue Service that notice and demand and third party contact notification issued in the name and EIN of a limited liability company (LLC) are legally sufficient when the owner of the LLC is the liable taxpayer for the tax.
Where service takes place
The Notice and Demand required by IRS must be left at the taxpayer’s home or business, or mailed to the taxpayer’s last known address.
The taxpayer has 10 days to pay the amount that is owed. If the taxpayer neglects or refuses to pay the amount due, the Federal tax lien arises.
If the amount specified in the notice and demand is paid within 21 calendar days after the date of the notice and demand (10 business days if the amount reflected is $100,000 or more), interest is not imposed for the period after the notice and demand on the amount so paid. IRC 6601(e)(3).
In addition, the taxpayer must be given a notice of intent to levy at least 30 days prior to the date of the levy.
The taxpayer has 30 days to pay the amount that is owed before property can be levied.
This Notice must be:
a. given in person,
b. left at the taxpayer’s home or business or,
c. sent to the taxpayer’s last known address by certified or registered mail.
Registered or Certified Mail
Use registered mail only if the taxpayer is outside the United States.
There is no international certified mail.
Exception to the above rules.
If collection is in jeopardy, property can be levied immediately if the taxpayer has been provided notice and demand for immediate payment.
The IRS will give taxpayers 10 days to pay the tax liability following issuance of the IRC 6303 notice of assessment and demand for payment, before issuing the IRC 6331 notice of intent to levy and IRC 6330 notice of a right to a CDP hearing.
The IRS may be issued simultaneously notices with the section 6303 notice or during the section 6303 time frame if the taxpayer:
1.Is pyramiding employment taxes in a business setting. Pyramiding is the continual non remittance of federal tax deposits,
2. The tax payer is not current with FTDs, and two or more trust fund modules assigned to a revenue officer,
3. The taxpayer has made to the IRS for two or more periods, frivolous arguments. To learn more about frivolous arguments see my blogs,
4. The taxpayers has failed to file required returns for two successive periods or three non-consecutive periods, for which the Service has prepared substitutes for return ( SRF ) and issued a deficiency notice where applicable, at least one of which is included in current or general practices.
IRS Final Notice Intent to Levy or Seize – STOP THE IRS NOW – IRS Letter, Notice 1058
by Fresh Start Tax | Dec 4, 2012 | Tax Levy and Wage Garnishments
IRS Tax Levy – Bank, Wage – Immediate Tax Relief – Tax Attorneys, Former IRS
As Former IRS Agents and Managers we can get your money back quickly from the IRS. Do not be bullied by them.
We know all the tax policies and procedures to make this happen. We have a combined 60 years of IRS work experience in the local, district and regional offices of the IRS. We have settled thousands of IRS cases.
If the IRS has just placed a Bank Levy or Wage Garnishment Levy and you need immediate Tax Help relief, call us now.
We can usually get IRS levies on bank accounts and wage garnishments released within a 72 hours. We will also settle your case.
A levy is a legal seizure of your property to satisfy a tax debt.
Tax levies are different from tax liens.
A federal tax lien is a claim used as security for the tax debt, while a levy is a seizure, actually takes the property to satisfy the tax debt.
If you do not pay your taxes (or make arrangements to settle your debt), the IRS will seize and sell any type of real or personal property that you own or have an interest in. For instance,
IRS can continue to seize and sell property that you hold such as your car, boat, or house, or the IRS could levy 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.
The usually levy only after these three requirements are met:
1. The IRS assessed the tax and sent you a Notice and Demand for Payment,
2. You failed or neglected or refused to pay the tax and,
3. IRS sent to 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.
Levy Delivery
The 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.
Please note on State Tax Refunds
The IRS levy your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.
How we can immediately get Notices of Bank Levy and Wage Levy Garnishment Released.
As former IRS Agents, Managers and Instructors we have issued thousands of IRS Wage and or Garnishment and Bank Tax Levies.
We know exactly how to quickly and for affordable pricing get them released. We have what it takes.
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 the IRS.
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 tax compliant.
We will 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 a 433A, 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 Bank & Wage Levy – Immediate Tax Help Relief – Tax Attorneys, Former IRS – Essex, Morris, Bergen, Passaic, Union – New Jersey 1-866-700-1040
by Fresh Start Tax | Nov 29, 2012 | New Jersey Tax, Tax Levy and Wage Garnishments
IRS Levy Help – Bank Levy, Wage Garnishment – Immediate Results 1-866-700-1040
We can get your bank levy or wage garnishment released and work out a tax settlement all at the same time. Being Former IRS Agents, we know the exact and quickest process. 1-866-700-1040.
We are comprised of Tax Attorneys, Tax Lawyers, CPA’s and Former IRS Agents, Managers and Instructors. We have over 60 years of direct IRS work experience in the local district and regional offices of the Internal Revenue Service.
Fresh Start Tax LLC – New Jersey
209 Cooper Ave,
Upper Montclair, NJ 07043
1-866-700-1040
Bank Levies.
Bank levies that are sent to financial institutions are freezes on funds in your bank account for 21 days. Your bank account in not closed. Just the money is frozen on the day the levy hits the bank. Usually levies can easily be removed within the 21 days.
A Wage Levy Garnishment.
Wage Levy Garnishment go into effect your next paycheck and will continue until your levy is released. The Wage Levy does not stop. Fresh Start Tax LLC can usually get your levy released by your next pay check.
To get a Levy or Garnishment Release.
We will need to provide the IRS with a current IRS financial statement. IRS will want either a 433A or a 433F. That financial statement will have to be documented to verify and ensure its correctness. There is a list of items the IRS will want. We will review those with you.
Also, you will need to have all tax returns filed and up to date.
What is a IRS Levy or Tax Garnishment.
A tax levy is a legal seizure of your property to satisfy a tax debt.
Tax levies are very different from federal tax liens. A federal tax lien is a claim used as security for the tax debt, while a tax levy actually takes the property to satisfy the tax debt.
If you do not pay your taxes the IRS may/will seize and sell any type of real or personal property that you own or have an interest in.
As an example:
IRS can seize and sell property that you hold such as your car, boat, house, or
they could levy property that is yours but is held by someone else such as your wages, retirement accounts, IRA, pensions, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions.
Important Note – IRS can only levy or garnish after these three requirements are met:
1. The IRS assessed the tax and sent you a Notice and Demand for Payment;
2. You the taxpayer 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.
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:
a. You paid all you owed before we sent the levy notice,
b. The IRS assessed the tax and sent the levy notice when you were in bankruptcy, and subject to the automatic stay during bankruptcy,
c. IRS made a procedural error in an assessment,
d. The time to collect the tax (called the statute of limitations) expired before we sent the levy notice,
e. You did not have an opportunity to dispute the assessed liability,
f. You wish to discuss the collection options, or
g. You wish to make a spousal defense.
Call us today for a free no cost consult 1-866-700-1040.
IRS Levy Help – Bank Levy, Wage Garnishment – Immediate Results – Former IRS, Attorneys
by Fresh Start Tax | Nov 6, 2012 | California Tax, IRS Representation, IRS Tax Problem, Representation, Tax Levy and Wage Garnishments, Tax Relief
IRS Bank Tax Levy, Wage Levy Garnishment – Tax Debt Resolution
We can get you immediate and permanent tax relief from your IRS Bank Levy or Wage Garnishment and settle your case all at one time. Get Tax Debt Resolution from true tax professionals. Do not be scammed.
We are A plus rated by the Better Business Bureau.
Fresh Start Tax LLC 1901 Newport Boulevard
Suite 350
Costa Mesa, CA 92627
866-700-1040
We have over 206 years of professional tax experience and over 60 years with the IRS in the local, district and regional offices of the IRS.
We can get results for Tax Debt Resolution within 48 hours so stop the worry now.
We have worked over 15,000 cases since 1982. Fresh Start Tax L.L.C. is A plus rated by the BBB.
What is a Bank Tax Levy and Wage Tax Levy
A IRS tax levy is a legal seizure of your property to satisfy a tax debt.
Levies are different from liens. A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.
A Bank Levy
A Bank Levy is a freeze on your bank account for 21 days. On the 22nd day if you did not resolve the issue with the IRS, the bank is obligated to forward the money to the IRS. Usually a tax firm can easily get the bank levy released.
A Wage Levy Garnishment
Unlike a bank account, a wage garnishment levy is a immediate seizure of your next paycheck and it will continue until to you call the IRS and get the wage levy released.You are allowed to keep about 10% of your paycheck while a wage levy garnishment is in place.
Releases or Removals
To get the Bank or Wage levy released IRS will want to make sure all your tax returns are filed and you have submitted a financial statement to the IRS.
The financial statement must be verified with documents to prove your income and expenses.
We at Fresh Start Tax LLC can usually get levies releases within days.
If you do not pay your taxes (or make arrangements to settle your debt), the IRS may seize and sell any type of real or personal property that you own or have an interest in.
For instance,
IRS can also seize and sell property that you hold such as your car, boat, or house, or
We could levy 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 cannot levy until after three requirements are met:
1. The IRS assessed the tax and sent you a Notice and Demand for Payment;
2. You failed or 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 must 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.
Note- if the IRS sends a levy your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.
Legal- Method of Delivery
Federal Tax Regulation 301.6331-1(c) authorizes the IRS to provide depositories notices of levy by mail. However, the regulation does not preclude in-person delivery of a levy to a local branch or office by a revenue officer. Additionally, depositories may not designate a specific branch or location for service of hand-delivered levies.
No matter how a levy is received, by mail or hand delivered, depositories are expected to adhere to IRS guidelines by immediately processing the levy and freezing all affected accounts for the 21-day period required by Internal Revenue Code Section 6332(c).
A mailed levy becomes effective the date and time the notice of levy is delivered to the depository. A hand-delivered levy becomes effective the date and time the notice of levy is hand delivered in person by a revenue officer.
Call us today to get immediate tax results, 1-866-700-1040
IRS Bank Tax Levy, Wage Levy Garnishment – Tax Debt Resolution
by Fresh Start Tax | Nov 1, 2012 | IRS Tax Problem, Representation, Tax Lawyer, Tax Levy and Wage Garnishments, Tax Relief, Tax Settlements
IRS Levy, IRS Tax Garnishments, Tax Settlements 1-866-700-1040
Stop the worry today. Use of years of IRS experience to settle your tax case.
We offer quick and affordable tax settlement solutions.If you have received a IRS Notice of Federal Tax Levy or Notice of a Tax Tax Levy Garnishment call us today to get immediate IRS tax relief.
1-866-700-1040. Free tax consult.
We are A plus rated by the Better Business Bureau.
On staff are Tax Attorneys, CPA’s and Former IRS agents. We cover all spectrum of IRS and State Tax Representation. We are a IRS and State tax specialty firm and are true experts in our fields. We have over 206 years of total tax experience.
We taught Tax Law at the IRS. We can get results fast, quick and for affordable pricing.
How the Release or Removal of your IRS Tax Levy or IRS Wage Garnishment take place.
IRS sends series of tax notices or letters to each tax entity that owes tax whether it be a business of a individual. All these tax notices or tax letters are sent out systemically.After of series of 3 letters or notices are sent to the taxpayer the IRS Cade 2 commuter system generates a notice of tax levy or wage garnishment.
If the levy was sent to your bank account the bank must freeze your funds for 21 days giving you time to call IRS and get the levy released or removed.
If the Notice of Wage Garnishment was sent to your employer a large portion of your check will be sent to the IRS until the levy is released.The Wage Garnishment will never stop unless you quit the job or work out a tax settlement.
To get the levy released the IRS has different plan options depending on your financial statement.
We will review your 433 A or 433 F, the IRS financial statement and review the best option that fits your lifestyle and work out a IRS tax settlement.
Levies vs. Liens
A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens. A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.
You must close your case off of the IRS enforcement computer.
If you do not pay your taxes or make arrangements to settle your debt the IRS may seize and sell any type of real or personal property that you own or have an interest in.
As a Example, the IRS could:
1.Seize and sell property that you hold such as your car, boat, or house,
2. the IRS could levy 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,
3. Seize your IRA or pension plan,
4. File a Federal Tax Lien.
IRS can only seize usually after these three requirements are met:
1. After the IRS assessed the tax and sent you a Notice and Demand for Payment;
2. If you neglected or refused to pay the tax; and
3. After IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing at least 30 days before the levy.
Source of Delivery of the Levy or Garnishment to be valid.
IRS must 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.
IRS has the ability to levy or garnish your state tax refund.
Call us today 1-866-700-1040. Hire trust & experience.
