IRS Notice of Levy on Wages – Remove your Wage LEVY Now 1-866-700-1040
If you have an IRS notice of levy on your wages call us today to get your wage levy removed or released and get your tax case settled.
We have over 60 years of working directly for the Internal Revenue Service at the local, district, and regional offices of the Internal Revenue Service.
We have worked as agents, instructors, managers and IRS appellate agents. We know the exact procedures on how to get your IRS notice of levy on wages released or removed as soon as possible.
Also on staff are tax attorneys and certified public accountants. All work is done in-house and we are quick and affordable.
IRS will require a current financial statement with complete documentation before any IRS notice of levy on wages is released.
This process is easy, simple and seamless to you the taxpayer. We have released thousands of tax levies since 1982 and we can make this process very simple for you.
Call our office today for a free tax consultation and you should be able to get your IRS notice of levy on your wages released by your next paycheck.
You should go to our homepage on our website and look under IRS forms and download the IRS required financial statement for 433-F fill it out and return it to us. With that in hand we will tell you the exact documentation the IRS requires we will go ahead and then contact the Internal Revenue Service and get your IRS notice of levy on wages removed the released.
Also we will be able to close or settle your case.
After the IRS reviews yours 433-F, IRS will either put your case into an IRS tax hardship, or set you up on a installment agreement or payment agreement, tell you that you are qualified for an offer in compromise.
You should not be fired or threatened because of a tax levy
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.
An IRS notice of levy on your wages is a continuous levy. The levy is in effect until you get a release of the notice of Federal tax levy on your wages.
Continuous Effect of Levy on Salary and Wages
Unlike other levies, a levy on a taxpayer’s wages and salary has a continuous effect.
It attaches to all 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.
Therefore, 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.
IRS notice of levy on royalties
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.
IRS notice of levy on retirement income
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.
Exempt Amount of IRS notice of levy on wages
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.
Court ordered child support exemption
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.
If support is allowed, the same child can not be claimed as an exemption for figuring the exempt amount.
The taxpayer is not entitled to the support exemption unless the support is being paid.
IRS will 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 the Exempt Amount and the employer’s responsibility
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.
The tables for figuring the exempt amount
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. The taxpayer’s filing status or personal exemptions may change. There may also be a change in exempt rates in a new year.
Joint Liabilities
For joint liabilities, the IRS will generally levy the income of the spouse with the larger income.
IRS will Levy both incomes only in flagrant cases of neglect or refusal to pay.
call us today for free initial tax consultation and speak directly to attorneys, CPAs or former IRS agents and managers. We are A+ rated by the BBB and we are very affordable.
IRS notice of levy on wages, remove your federal wage levy now