Stop IRS Levy, Wage Garnishment, Seizure – Tax Attorneys, Former IRS –  Essex, Morris, Bergen, Passaic, Union – New Jersey
IRS sends out 3.8 million tax levy’s a year. We can get yours released!
We can stop a IRS Tax Levy, Wage Levy Garnishment or a IRS Tax Seizure. As former IRS agents and managers we know exactly how to make the IRS go away FAST.
We are affordable and get immediate results. 1-866-700-1040.
All initial first consultations are free. find out the truth from tax professionals that have released thousands of IRS tax levies since 1982.
The IRS Levy or Tax Garnishment
IRS can usually levy, seize or garnish only after these (3) three requirements are met:
1. The IRS assessed the tax and sent you a Notice and Demand for Payment,
2. You neglected or refused to pay IRS 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.
The IRS has the option to  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.
A IRS Tax Levy is a seizure. It is the biggest hammer the IRS uses to collect back taxes from delinquent taxpayers.
The are two types of tax levies.
A IRS Tax Levy is a seizure. It is the biggest hammer the IRS uses to collect back taxes from delinquent taxpayers.
1. The Bank Levy,
2. The Wage Garnishment.
The difference between the two.
The Bank Levy is a bank freeze on your account. There is a 21 day hold on the bank account. Basically the account is frozen. IRS will serve a 668A which is a one time levy.As a side note your account is not closed.
The Wage Garnishment is a immediate levy. Your next pay check is gone. It is also a continuous levy. It does not stop until you get the levy released. This is served with a 668W. There is a small amount exempt with this levy. You must fill out the associated form to be eligible for the exemption.
 
Property Exempt from Levy
IRC § 6334(a) exempts certain property from levy.
In addition to residences,principal residences and certain business assets which may be exempt as discussed above, the following property is exempt from levy:
1. Wearing apparel and school books necessary for the taxpayer or members of his family
2. Fuel, provisions, furniture, and personal effects in the taxpayer’s household, up to a specified, inflation-adjusted amount
3. Books and tools of the trade, necessary for the trade, business or profession of the taxpayer, up to a specified, inflation-adjusted amount
4. Unemployment benefits,
The unemployment benefit exemption has been strictly construed and does not encompass retirement and survivors benefits or disability insurance payments under the Social Security Act.
5. Undelivered mail
6. Certain annuity or pension payments: payments under the Railroad Retirement Act, benefits under the Railroad Unemployment Insurance Act, special pension payments received by Army, Navy, Air Force, and Coast Guard Medal of Honor recipients, and annuities based on retired or retainer pay under chapter 73 of Title 10 of the United States
Side Note – Although as a matter of policy, the Service has placed some administrative restrictions on levying on retirement income and retirement assets, those listed in IRC § 6334(a) are the only ones exempt from levy as a matter of law.
7. Workmen’s compensation (including amounts payable with respect to dependents)
8. So much of the salary, wages, or other income as is necessary to comply with a judgment of a court requiring the taxpayer to contribute to the support of his/her minor children, but only if the judgment was entered before the date of the levy
9. An amount determined under IRC § 6334(d) as a minimum exempt amount of wages, salary, or other income
10.Certain service-connected disability payments
11. Certain public assistance payments
12. Any amount payable under the Job Training Partnership Act
Call us today to get immediate tax relief from a IRS levy or wage garnishment, 1-866-700-1040.
 
Stop IRS Levy, Wage Garnishment, Seizure – Tax Attorneys, Former IRS –  Essex, Morris, Bergen, Passaic, Union – New Jersey