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