Over 30 Years of Accounting & Tax Knowledge
IRS WAGE LEVY (GARNISHMENTS)
What happens if you do not pay your taxes? Or make arrangements to settle your debt?
When will the IRS usually levy? Only after these three requirements are met:
Can a Levy be appealed?
Yes. In most cases, our clients retain us to request a Collection Due Process hearing with the Office of Appeals. While you can negotiate with the IRS on your own, it isn’t recommended. Everything you say can be used against you and the IRS agents are very good at interrogating taxpayers. A much better way to go is to hire a tax professional to handle the matter for you. A good tax professional should be able to get the IRS to significantly lower or completely terminate the wage garnishment in exchange for a payment plan. In certain situations, the tax professional may recommend pursuing an offer in compromise wherein the IRS will agree to eliminate or dramatically lower your tax debt. Obviously, any of these situations represents a major improvement over having your wages garnished.
We at Accounting & Tax Solutions specialize in getting rid of IRS wage garnishments, in some cases as little as 48 hours. Contact Us today at (626) 858-6950.