Salary Levy, Tax Garnishments – Get Levy Stopped – 1-866-700-1040

 
We can get your Salary Levy or Tax Garnishment released.  Your salary levy tax garnishment will not go away until you obtain a release from IRS.
Each and every paycheck the salary levy will continue to be enforced.
Call today for a no cost consultation and start the process right now.  We have released hundreds upon hundreds of Salary Levy Tax Garnishments.
We are comprised of Tax Attorney’s, Tax Lawyers, CPA’s and Former IRS agents, managers and instructors.
We have over 60 years of working directly for the Internal Revenue Service and the local, district, and regional offices of the Internal Revenue Service.
We know the exact process on how to stop or get immediate tax relief from a salary levy or an IRS tax garnishment.
IRS will require a financial statement that is fully verified and then make a determination on how IRS will closure case.
As a general rule there are three different  closing  methods that IRS to remove your case off the enforcement computer.
IRS will either put you in:
1. economic tax hardship,
2. ask for a monthly installment payment agreement or,
3. recommend the taxpayer file for an offer in compromise or a IRS tax debts settlement.
Call us today and we will go ahead and initiate a free tax consultation to go ahead not only to get you your salary or wages back in your hand  but we will also settle your case.
We are experts in fast resolution in IRS Salary Levy
 

Continuous Effect of Levy on Salary and Wages

 
Unlike other levies, a levy on a taxpayer’s wages and salary has a continuous effect. The salary levy or tax garnishment will not stop until you give IRS a detailed financial statement.
A Salary  Levy or Tax Garnishment attaches to future payments, until the levy is released. Wages and salary include fees, bonuses, commissions, and similar items.
All  types of other levies only attach to property and rights to property that exist when the levy is served.
 

Bank Account Levy

 
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. Many taxpayers feel that their bank accounts can never be used again after an IRS levy or tax garnishment hits their bank accounts.
The reality is, the levy or tax garnishment only is in effect the day the levy hits the bank. You can continue to use your bank account as much as you want. IRS will have to issue another levy to seize garnish other funds
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.
 

Retirement, Royalties Income can be levied as well.

 
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  IRS 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.
 
As a Example:
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 for the Tax Levy

 
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.
In addition, the amount the taxpayer needs to pay court ordered child support is exempt.
 

Is there financial relief if you are subject to a levy? 

 
First must make sure or you, determine if you owe the tax.
Check your tax bill and tax returns and make sure the amount is correct and owed.
If you do owe the tax, there may be options that can provide financial relief, including:
Audit Reconsideration .
You may not have responded to an earlier IRS notice and the IRS may have assessed the liability based on certain assumptions. You may be able to ask the IRS to reconsider the assessment.
Innocent Spouse Relief.
Generally, both you and your spouse are each responsible for paying the full amount of any tax, interest and penalties due on your joint return. However, you may be relieved of those amounts if your spouse (or former spouse) incorrectly included you on the joint return.
 

What if I cannot pay the amount I owe?

 
Call Fresh Start Tax LLC immediately if you cannot pay all or part of the tax you owe.
You may also want to consider entering into an agreement with the IRS to find collection alternatives to repay your debt. You can also request to be classified as currently not collectible, the IRS has determined you cannot afford to pay the debt at this time, however the debt does not go away and penalties and interest will continue to be added to the debt.
 

What if I am the Guardian or Conservator for a taxpayer?

 
If you are a guardian or conservator, you will need a Power of Attorney before the IRS can work with you or make any payment arrangements. A Power of Attorney can be obtained by completing Form 2848, Power of Attorney and Declaration of Representative. If the taxpayer is incapacitated, you should still complete a Form 2848 as well as attach legal documentation that allows you to act on the taxpayer’s behalf.
 
Salary Levy, Tax Garnishment, – Get Levy Stopped, – Stop Salary Levy Today,