IRS Levies 1.9 million taxpayers each and every year!!!
IRS only sends out tax levies after a series of 5 letters are sent to the taxpayer. These are sent about 5 weeks apart.
1. CP 14 – This is the notice of balance due,
2.CP 501 – This is a Bill that you still owe tax,
3. CP503 – Important, Immediate Action Required
4. CP 504 Urgent Notice – We Intend to Levy on Certain Assets, Please Respond Now
5. CP90/CP297/ IRS Letter 1058 – Final Notice of Intent to Levy &Notice of Your Right to a Hearing
6.CP 91 CP298 -Final Notice Before Levy on your Social Security Benefits
If this has happened to you we have a quick and affordable process to get you an immediate IRS wage garnishment release.
As Former IRS agents and managers, we know the fastest and most affordable way to get your IRS Wage Garnishment Stopped and released.
The IRS collection process allows for the IRS to levy wages for uncollected back taxes. These IRS Wage garnishments will not go away until you take the proper steps to take care of this situation.
Your employer must comply with the federal rules for the IRS Wage Levy or your employer will have sanctions imposed on them by Internal Revenue Service.
It is possible within days to get this Federal Wage Levy or garnishment removed and released and your case closed.
We have over 206 years of professional tax experience and over 60 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service. While at the Internal Revenue Service we taught tax law.
We know the exact process and fastest protocols possible to stop an IRS wage garnishment.
Here is how simple the process is to get a Wage Garnishment Release by us:
- Immediately contact your payroll department and let them know you have hired a professional company to take care of this IRS problem;
- Make sure all your back IRS tax returns have been filed with the IRS, (we can help with this);
- AZ Tax Agents will contact the IRS with a power of attorney so you NEVER have to speak with the IRS on these back tax issues;
- Provide information necessary to prepare an IRS Form 433a or 433f – Collection Information Statement, with supporting documentation (we will help with this);
- We package the documentation, send it to the IRS, and immediately request that they release the wage levy or wage garnishment and close your case;
Don’t hesitate, each day you wait the IRS is taking more money from you and your family. Call AZ Tax Agents today and we will work for you to STOP the IRS Wage Garnishment Levy.
The Process to immediately Stop an IRS Wage Garnishment
Before the Internal Revenue Service will stop an IRS wage garnishment they will want a current financial statement.
That financial statement will be on form 433-F. You can find that form on our website.
You will need to provide the Internal Revenue Service not only this financial statement you will also need to show IRS a current pay stub and last 3 to 6 months of bank statements. The IRS will determine the collectibility of your case based on your current financial statement and financial needs.
To immediately stop the IRS wage garnishment this information needs to be faxed or sent to the Internal Revenue Service as soon as possible. As soon as the IRS agent can review your case and your current financial statement, they can make a determination on how they will settle your case. As a general rule once the IRS agent has your current financial statement they will release and stop your IRS wage garnishment that very day.
Also, you should be aware that the Internal Revenue Service will make sure that all prior years tax returns are filed and appear on the IRS computer system.
We can usually get an IRS wage garnishment release to stop your IRS levy garnishment within 24 hours of receiving your financial information.
IRS Rules concerning Wage Garnishments
An individual’s wages, salary, and other income can be levied.
IRS Wages, salary, and other income include payment for personal services in a working relationship.
Can you be fired? If an Employer Threatens to Fire Taxpayer Because of a 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.
You should 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.
Did you know the IRS Wage Garnishment has a Continuous Effect of Levy on Salary and Wages?
Unlike other IRS tax levies, a levy on a taxpayer’s wages and salary has a continuous effect. It attached to future payments until the levy is released.
Wages and salary include fees, bonuses, commissions, and similar items. All other levies only attach to property and rights to property that exist when the levy is served.
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.
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 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.
Exempt Amounts from the IRS Wage Garnishment
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.
Please take Note:
The support order can originate from a court or administrative process under the laws and procedures of a state, territory or possession.
If support is allowed, the same child cannot be claimed as an exemption for figuring the exempt amount. See IRM 188.8.131.52 (2) a above.
IRS will not remove any Wage Levy until all tax returns are filed.
If you do not have your records we can secure all your information from the IRS to prepare all back years. AZ Tax Agents can make this happen within days.
IRS allows you some money during the garnishment phase.
Even though IRS has sent a wage garnishment or Wage Levy to your employer, there are certain allowances that the IRS will give to you.
A chart will be sent to your employer that they use to determine how much you are allowed to keep from your paycheck. The amount allowed is for your basic food monies only. A single taxpayer with one exemption was allowed $179.81 per week in 2009, IRS will take the rest.
Why did the IRS place a Wage Levy on me?
The IRS has sent a Wage Levy or wage garnishment out because the taxpayer did not respond to correspondence from the IRS. The IRS always makes several attempts to contact a taxpayer that owes tax, they have to by law.
Some taxpayers may not receive this information because they have moved or did not actually receive the mailing sent out by IRS. It makes no difference. Once an IRS Notice of Levy is sent they will not be removed until contact has been made with the Internal Revenue Service. We can handle the IRS for you.
- Get a transcript of your complete tax history;
- File a power of attorney with the IRS so you never have to speak with the IRS;
- Secure a remove or release of the Federal Tax Levy;
- Close your case and settle your back tax problem.