As one of several means of collection, the IRS often issues a variety of tax levies against taxpayers. A levy is the IRS’s way of getting your money and your immediate attention. Levies do serious damage to a taxpayer. A levy can be mailed to your bank, your accounts receivable, and even issued to your retirement account. When an IRS levy is sent to your employer it is called a wage garnishment. A tax levy or wage garnishment is often used by the IRS as a method of enforced collection aimed at garnering the cooperation of a taxpayer and may be issued prior to more intrusive actions such as seizure and sale of a taxpayer’s assets. The IRS has no restrictions when it comes to levies. They can be issued on bank accounts, autos, stocks, bonds, boats, pension checks, paychecks, and even Social Security checks.
As your tax representative, we will communicate directly with the IRS to ensure a levy is never issued against you or your assets. If an IRS levy has already been issued, we will contact the agency right away to request an immediate release of the tax levy and wage garnishment. Most wage garnishments and IRS levy situations can quickly be resolved after ascertaining what documents or information the IRS needs in order to make an “ability to pay” determination on your case. Often times, the IRS will consider a levy release once a taxpayer complies with an IRS deadline that was missed or an IRS letter that never received a response. In the event the IRS refuses to release a levy on your account, we will prepare and submit a formal appeal and represent you in front of the Appeals Division. In all cases, our goal is to get you on good terms with the IRS and place you with a solution you can afford, and let you get a fresh start. As former IRS Officers and IRS Auditors, we know how the IRS works and how to protect you and your assets. Request a FREE consultation with our ex-IRS agents.
For immediate assistance with IRS levies and garnishments, or another tax matter, contact us today at 1-949-260-4770 for a CONFIDENTIAL consultation.
We look forward to serving you.