Wage
Garnishment Payments, Liens, Levies and Seizures
Wage Garnishment Payments,
Liens, Levies and Seizures - No taxpayer has ever complained that
the IRS is too soft in its collections activity. And why would
anyone expect them to be? Their job is to collect what is owed to
them and they will do so using every tool available. These methods
often include wage garnishment payments, liens on property, levies
on wages and bank accounts and sometimes even asset seizure, any
of which will invariably put a serious financial crimp in the life
of a taxpayer or business.
When a taxpayer has
repeatedly failed to pay a tax obligation or has defaulted on a
payment plan, then a "Levy Notice" goes into effect.
This notice signifies that the IRS has a claim on your
assets and it blocks your control of those assets until the levy
is released. Likewise, a wage garnishment payment forces payment
to the IRS of funds that would otherwise be owed to you (for
instance, the wages from your job or your business's accounts
receivable.) A tax levy or wage garnishment payment is generally
issued to your bank, to you and your spouse’s employers, and/or
to your clients’ accounts payable divisions. The IRS also has
the ability to seize property and assets such as cars, boats,
business equipment and real estate. Seized assets are then put up
for sale at public auctions.
It
is important to understand that the IRS does NOT make money on
these actions. In fact, it’s safe to say that they would prefer
not have to go through all that work. Rather, these devices have
purely punitive intent – they are designed to force the
taxpayer’s hand into tax compliance and payment of the debt.
And it usually works!
Relief
is Possible, Help is Available
Fresh Start Tax Resolution is the best in the industry at getting wage garnishment payments, liens and levies removed, and stopping seizures. We have these financial roadblocks lifted for taxpayers and businesses every day, and have helped thousands get back into compliance and out of debt faster. When prepared properly, the IRS must answer our request within ten working days. But action must be taken by the taxpayer. If you have been notified of a wage garnishment payment, levy, lien or seizure, DO NOT IGNORE IT, no matter how unpleasant dealing with it may seem.
Contact Us and we
will help you, just as we’ve helped thousands of others who’ve
found themselves in the same predicament.
Your Peace of Mind
Starts Here
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