Having an IRS Wage Levy Will Continuously Follow You Around

2012-02-01T13:35:00.001-08:00

If you value the contents of your checking account and ensure that you, and only you have access to it, then you are going to want to avoid an IRS wage levy at all costs.

A wage levy is a commonly used form of forced collection by the IRS. The IRS will contact your current employer and send an IRS Wage Levy Notice. This notice insists that your employer deducts a certain percentage of your paycheck in order to meet the amount you currently owe in taxes.

Don't think that your employer won't follow through with this, either. If your employer doesn't deduct the money, then your employer will be responsible for the tax amounts that should have been withheld from your paycheck. Coupled with the fact that your own individual wages will be withheld by your employer as addressed by the IRS, this can prove to be an incredibly unattractive situation for you, your finances and your employer.

Regardless of the successful career you may be working, an IRS wage levy can severely affect you financially speaking. You may find yourself having trouble paying everyday finances including rent, mortgage, car insurance and even small bills such as your cell phone. An IRS wage levy can severely affect families with young children to provide for as well.

Let's face it – an IRS wage levy is a powerful tool that can leave you financially torn just by the simple fact of not paying taxes. Clearly, the best course of action is to avoid the levy from the beginning. As long as you stay in touch with the IRS about and maintain a good relationship, you should not have to resort to dealing with a wage levy.

You Have a Right to Tax Representation

2011-12-15T07:12:00.001-08:00

If you have been contacted by the IRS or your state's Department of Taxation, or have received tax liens, levies or notices of IRS intention to do so, contact us without delay for a free confidential initial half-hour tax consultation.

Wall & Associates, Inc. Blog

Having an IRS Wage Levy Will Continuously Follow You Around

You Have a Right to Tax Representation