Paycheck, Salary, Wages Levy – Jacksonville, Tampa, St. Pete, Orlando – Florida Tax Firm

September 16, 2013
Written by: Fresh Start Tax

Fresh Start Tax
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

 
 

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