If you are experiencing the pain of an IRS levy (in the 21 day bank window) or dealing with wage garnishments (having your paychecks or accounts receivable garnished), there are things that can be done to get your money back.
Tax Debt Assistance helps New England individuals, couples, families and business owners resolve their tax debt problems. You can reach us at (207) 741-2400 or contact us online to discuss your tax resolution options. Our office is in Portland, Maine.
IRS Liens and Levies
A levy from the IRS means the government can seize your property to satisfy your tax debt. If you have not paid your taxes or have not made payment arrangements with the IRS to settle your debt, then the IRS can levy your property. The IRS can even levy property that is owned by you but managed by someone else.
IRS Wage Levies (Wage Garnishments)
Let’s say you ignore your IRS notice. Payday comes, and to your surprise, a large chunk of your paycheck is gone. The IRS is taking it. This is called wage garnishments and the IRS will continue to take your hard earned money from your paycheck until your tax debt is paid.
If you don’t pay your taxes or make an arrangement to settle what is owed, the Internal Revenue Service can issue you a levy. If you have already received an IRS bill titled, Final Notice of Intent to Levy and Notice of Your Right to A Hearing, or worse, experienced a levy or wage garnishments, contact us ASAP.
There is a solution to your tax problems. We are here to help.
We invite you to contact our New England tax resolution professionals at (207) 741-2400. We offer a complimentary consultation to address your tax problems.