Federal Tax Levy Garnishments – Remove Levy Garnishments NOW 1-866-700-1040 Former IRS Agents
If you have a Federal Tax Levy garnishment on your wages call us today to get a immediate tax relief from your Federal Tax Levy Garnishment.
We are comprised of tax attorneys, CPAs and former IRS agents who have over 60 years of direct work experience with the Internal Revenue Service.
We worked as former IRS agents, former IRS managers, former IRS appeals agents and former IRS taxes instructors.
Free consultations are available. Speak directly to tax attorneys, CPAs were former IRS agents.
We taught Tax Law, Tax Policy and Offers in Compromise at the IRS.
As a result we know of all the tax policies, tax settlement and all the federal tax Levy garnishment procedures to get you immediate tax relief to get removal of a federal tax Levy garnishment.
You should know that a 668W Federal Tax Levy Garnishment is a continual wage garnishment.
This Federal Tax Levy will not stop until you contact the IRS and give them an updated financial statement.
IRS will analyze your current financial statement along with complete documentation and make a determination as to how they will go ahead and close your case off the IRS enforcement computer.
There are three different ways the IRS will close your case off the enforcement computer.
IRS will either put you in a tax hardship, are they will enter you into an installment agreement or they will contemplate an offer in compromise.
Contact us today for further details and we will give you a free tax consultation to go over all the tax options on how to best remedy your case.
What is in IRS tax Levy
A levy is a legal seizure of your property to satisfy a tax debt.
Levies are different from liens.
A federal tax lien is a claim used as security for the tax debt, while a levy or federal tax garnishment actually takes the property to satisfy the tax debt. In this case it takes your wages.
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 seizure power
IRS can and will seize and sell property that you hold such as your car, boat, or house or
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 can seize almost anything.
Before IRS can Federal Tax Levy or Garnish they must
These three requirements are met:
1. The IRS must assess the tax and sent you a Notice and Demand for Payment,
2. You must neglect or refused to pay the tax and,
3. The IRS must send 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 delivery of the final notice of Intent to Levy or Garnish
IRS has options. They 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.
Note: if the IRS levies 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.
If we determine the levy is creating an immediate economic hardship, the levy may be released.
Call us today for more details on getting tax relief from a federal tax Levy garnishment due to an economic tax hardship.
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.
You can always ask an IRS manager to review your case
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:
1. You paid all you owed before we sent the levy notice,
2. We assessed the tax and sent the levy notice when you were in bankruptcy, and subject to the automatic stay during bankruptcy,
3. We 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,
4. You did not have an opportunity to dispute the assessed liability,
5. You wish to discuss the collection options, or
6. You wish to make a spousal defense. Spousal defenses usually result of a taxpayer filing for innocent spouse tax relief.
See our website for more of this issue.
The IRS office of appeals on federal tax levy garnishments
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.
If we levy your wages, salary, federal payments or state refunds, the levy will end when:
a. The levy is released,
b. You pay your tax debt, or
c. The time expires for legally collecting the tax. The statute of limitations on most IRS tax assessments are 10 years from the initial date of assessment.
If the 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.
On IRS levy on wages, the levy is a continuous garnishment on every paycheck you get until IRS releases the wage garnishment levy.
Contact us today for a tax consultation and get immediate tax relief.
Federal Tax Levy Garnishments – Remove Levy Garnishments NOW – Former IRS Agents
