IRS Tax Attorneys, Lawyers – Levy, Wage Garnishments – IRS Tax Levy Relief – Former IRS
IRS Tax Attorneys, Lawyers – Levy, Wage Garnishments – IRS Tax Levy Relief 1-866-700-1040
We are comprised of IRS tax attorneys, tax lawyers, certified public accountants and former IRS agents, managers and tax instructors. While at the IRS we taught tax law.
We have over sixty years of directly working for the Internal Revenue Service in the local, district, and regional tax offices of the IRS.
We are tax experts and tax specialists in the field of IRS resolution, settlement and release of tax levies or wage garnishments releases.
Let our IRS tax attorneys, lawyers and former IRS agents get you tax relief from an IRS levy or wage garnishment.
Contact us for a free consultation today and see how easy the processes to get a wage or tax Levy garnishment release from the Internal Revenue Service.
The process of Levy or Wage Garnishment Relief
Any time a taxpayer owes back taxes, the IRS requires a financial statement before it will release or remove an IRS tax levy or the wage garnishment.
IRS will use a form 433-F. That form will help the IRS make these decisions. The financial statement will include all your assets, income and a list of your current tax expenses. You will need to verify all expenses that you put on the IRS financial statement. IRS will conduct a careful review of everything you put on the financial statement so make sure you are truthful on every thing put down on the form.
IRS will carefully review your financial statement.
IRS will either:
1. place you in a current economic tax hardship because your expenses are more than your income,
2. ask you to make installment payments or put you on a payment agreement,
3. or instruct you that you could be a possible settlement candidate.
By calling our firm not only will you get your tax levy or wage garnishment released we will also settle your case.
What is an IRS tax levy or wage garnishment
A IRS tax levy is a legal seizure of your property to satisfy a tax debt.
Levies are different from liens.
A federal tax lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt. A tax lien is usually filed at a courthouse closest to your residence or last known address.
If you do not pay your income or business taxes or make arrangements to settle your debt the IRS may chose seize and sell any type of real or personal property that you own or have an interest in.
IRS can seize and sell property that you hold such as your car, boat, or house or they
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.
The Internal Revenue Service can seize almost anything unless it moves.The Internal Revenue Service only seizes homes or cars when cases are extreme. IRS has only seized 800 cars or homes for the entire fiscal 2012 year. IRS is not wanting to seize the assets belonging to taxpayers, IRS just wants taxpayers to contact them to resolve their tax issues.
These three requirements must be met before a Tax Levy:
1. The IRS assessed the tax and sent you a Notice and Demand for Payment,
2. You neglected or refused to pay the tax; (this is usually done by phone) and
3. The Internal Revenue Service 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.
How the IRS must give you your Notice:
IRS has different options:
a. they may give you this notice in person,
b. leave it at your home or your usual place of business,
c.or send it to your last known address by certified or registered mail, return receipt requested.
Please note: if the IRS levies 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. Call us for more details.
Levy Causing a hardship
If a levy on your wages, bank account or other property is causing a hardship you should contact us immediately.
If the IRS determines the levy is creating an immediate economic hardship, the levy may be released. Call us today and we can go over all your options.
Remember, a levy release does not mean you are exempt from paying the balance. penalties and interest will continue to accrue even if your case goes into an economic tax hardship.
Collection Due Process Hearing
You may ask an IRS manager to review your case, or you may request a Collection Due Process hearing with the Office of Appeals by filing a request for a Collection Due Process hearing with the IRS office listed on your notice.
You must file your request within 30 days of the date on your notice. You may not ask for an appeal past the 30 days because it is in IRS policy that must be adhered to.
Some of the issues you may discuss include at your appeals hearing:
a. You paid all you owed before we sent the levy notice,
b. IRS assessed the tax and sent the levy notice when you were in bankruptcy, and subject to the automatic stay during bankruptcy,
c.The IRS made a procedural error in an assessment and you have proof to show such an error,
d. The time to collect the tax (called the statute of limitations) expired before we sent the levy notice, ( the normal collection statute is 10 years from the date of the assessment),
e. You did not have an opportunity to dispute the assessed liability,
f. You wish to discuss the collection options, or
g.You wish to make a spousal defense. This could result in the filing of an innocent spouse claim.
We are comprised of IRS tax attorneys, tax lawyers and IRS tax specialist. Call us today for free tax consultation and here the truth. We offer affordable billing. We are A+ rated by the Better Business Bureau.
At the conclusion of your hearing, the Office of Appeals will issue a determination. You will have 30 days after the determination date to bring a suit to contest the determination. Refer to Publication 1660 (PDF), for more information. If your property is levied or seized, contact the employee who took the action. You also may ask the manager to review your case. If the matter is still unresolved, the manager can explain your rights to appeal to the Office of Appeals.
Levying Your Wages, Federal Payments, State Refunds, or Your Bank Account
If we levy your wages, salary, federal payments or state refunds, the levy will end when:
The levy is released,
You pay your tax debt, or
The time expires for legally collecting the tax.
If we levy your bank account, your bank must hold funds you have on deposit, up to the amount you owe, for 21 days. This holding period allows time to resolve any issues about account ownership. After 21 days, the bank must send the money plus interest, if it applies, to the IRS. To discuss your case, call the IRS employee whose name is shown on the Notice of Levy.
