WAGE LEVY
Unlike any other creditor, the IRS has unprecedented power over you to collect unpaid tax liabilities simply by serving a piece of paper on your employer. This is called a wage levy. The IRS uses Form 668-W, Notice of Levy on Wages, Salary and Other Income. Basically, the IRS will take your entire paycheck except for the value of the exemptions claimed by you. You are essentially now working for the government and will receive little, if any, money in your paycheck.
If you are self-employed or an independent contractor, the IRS can levy on the people that pay money to you. If a levy is served, the payor is required to pay ALL of the money due to you to the IRS.
A wage levy is financially devastating and immediate action is required. If you are under a wage levy, or have received notice that a levy will soon be issued, please call us.
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us before the IRS calls you! ®
BANK LEVY
The IRS, by serving a levy on your bank, can take all of the money in your bank account. The IRS uses Form 668-A, Notice of Levy. If the IRS has levied on your bank account, you have twenty-one (21) days in which to obtain a release of the levy. If the levy is not released within that twenty-one day period, ALL of the money in that bank account, up to what you owe, will be sent to the IRS.
A bank levy is financially devastating and immediate action is required. If you are under a bank levy, or have received notice that a levy will soon be served, please call us.
We can help. Call
us before the IRS calls you! ®
SEIZURE OF ASSETS
The IRS has the authority to seize your assets including, but not limited to, boats, cars, airplanes, motorcycles and ATVs. The IRS also has the authority to seize your home or business. If any of your assets have been seized, or if the IRS has threatened to seize your assets, please call us.
We can help. Call
us before the IRS calls you! ®