Get IRS Wage Garnishment Levy Release ASAP – Former Agents who know the system
Get IRS Wage Garnishment Levy Release ASAP – Former Agents who know the system 1-866-700-1040
We are a Nationwide Tax Firm with an expertise in resolving any and all issues with the Internal Revenue Service. We can get your IRS Wage Garnishment Levy released and your case settled.
We have a combined 60 years of direct working experience and knowledge of the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.
While at the IRS we taught tax law.
We have a combined 206 years of professional tax experience and are comprised of tax attorneys, CPAs and our staff of former IRS agents and managers.
If you are experiencing an IRS wage garnishment levy contact us today and we can get immediate and permanent results to get your wages or income back from the Internal Revenue Service ASAP.
A wage garnishment levy.
Levy on Wages, Salary, and Other Income ( IRS Wage Garnishment Levy )
An individual’s wages, salary, and other income can be levied.
Wages, salary, and other income include payment for personal services in a work relationship.
Employer Threatens to Fire Taxpayer Because of a IRS Wage Garnishment 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.
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.
Continuous Effect of IRS Levy on Salary and Wages
This is the damaging part of the IRS Wage Garnishment Levy.
Unlike other levies, a levy on a taxpayer’s wages and salary has a continuous effect.
It attaches to future payments, until the levy is released. Wages and salary include fees, bonuses, commissions, and similar items.
All other levies such as bank levies only attach to property and rights to property that exist when the levy is served.
For instance, 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.
Retirement Income.
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.
A Form 668-W,( this is a IRS Wage Garnishment Levy ) 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.
There is an Exempt Amount to the IRS Wage Garnishment 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.
Get IRS Wage Garnishment Levy Release ASAP – Former Agents who know the system