Truck Drivers & Industry – IRS Tax Levy Garnishments – Tax Relief – Former IRS 1-866-700-1040
If you have just received an IRS Tax Levy on your Bank Account or to your Employer, call us today to get fast, affordable and immediate IRS tax Levy relief.
We are comprised of tax attorneys, Certified Public Accountants , and former IRS agents.
We have over 60 years with the Internal Revenue Service and the local, district, and regional tax offices of the Internal Revenue Service.
We know the exact formats and protocols to get an IRS tax Levy garnishment released and get your cased closed off the IRS enforcement computer.
What will be needed to get a Release of an IRS Tax Levy garnishment
Believe it or not, IRS does not want to levy your bank account or levy your employer. IRS does this because taxpayers have failed to respond to the IRS final notice of seizure that was sent to the taxpayer’s last known address.
Because of this the CADE 2 computer system of the IRS automatically and systematically sends out an IRS tax Levy to your last known employer or to your last known bank account.
To get your Tax Levy Garnishment released IRS will need a current financial statement along with all documentation to support the numbers reflected on that financial statement. IRS will use the form 433-f to verify your assets, income, and expenses.
After IRS carefully reviews your current financial statement and documentation IRS will place you in one of three categories
The three categories for Tax Relief are:
1. IRS will place you into an economic hardship,
2. IRS will ask for installment repayment arrangement from you,
3. IRS will advise you that you are an offer in compromise candidate which is also known as an IRS tax debt settlements.
Tips for IRS Tax Levy Garnishment Releases
1.Have a 433 F filled out and ready to go,(find on our website )
2. Have all documentation on financial statement ready to fax to the IRS,
3. Make sure all your tax returns are filed.
Due to the new fresh start tax initiative set forth by Internal Revenue Service IRS has made tax settlements much easier.
Offers in Compromise or Tax Debt Settlements
The IRS is also expanding a new streamlined Offer in Compromise (OIC) program to cover a larger group of struggling taxpayers.
This streamlined OIC is being expanded to allow taxpayers with annual incomes up to $100,000 to participate.
In addition, participants must have tax liability of less than $50,000, doubling the current limit of $25,000 or less.
OICs are subject to acceptance based on legal requirements.
An offer-in-compromise is an agreement between a taxpayer and the IRS that settles the taxpayer’s tax liabilities for less than the full amount owed.
Generally, an offer will not be accepted if the IRS believes that the liability can be paid in full as a lump sum or through a payment agreement. The IRS looks at the taxpayer’s income and assets to make a determination regarding the taxpayer’s ability to pay.
See our website for more details on IRS Tax Settlements or call us today for more details.
Truck Drivers & Industry – IRS Tax Levy Garnishments – Tax Relief – Former IRS
