The 4th of July holiday is upon us, we celebrate our awesome country’s independence. Most importantly it is a day off. Don’t allow a wage levy / wage garnishment ruin your holiday plans. DWK Tax Group specializes in releasing IRS levy & wage garnishment on the same day we are retained.
“Notice of Intent to Levy” (seize) a CP504B is normally a 90 day notice of the IRS’s intent to gain the taxpayer’s attention where it hurts the most…in their wallet. The IRS obligation to notify the Taxpayer is as follows:
- Notice and demand
- Notice of intent to levy, and
- Notice of a right to a Collection Due Process (CDP) hearing
- A notice can be mailed to the Taxpayer’s last known address from the last filed tax return.
- The employer notification of IRS levy / wage garnishment has one pay period to comply.
IRS notice of levy / wage garnishments is often used for taxpayer’s bank accounts, wages, other income and account receivables. Seizure procedures can include a taxpayer’s car, house or business property.
FREE Tax Relief consultation call 866-226-6102
In the case of a bank levy, Taxpayer has 21 days to recoup the seized funds via levy be by acquiring compliance and a viable agreement between the IRS and Taxpayer. IRS does not release funds unless hardship can be proved.
“IRS collection enforcement is real, they will leave you in a very difficult situation with nowhere to turn. If notices of levy or balance due notices go unaddressed the end result is a sure bet. Money pain is on the horizon.” Says IRS Enrolled Agent Andrew Hatchie Jr.
If you have a balance due over $10,000 the IRS will issue a tax lien which is then reported to county recorder as public notice. The public notice is then forwarded to the 3 credit reporting agencies that will surely affect your FICO score and ability to purchase large ticket items.
- Got a child support obligation, call 1-800-226-6102
- Got a student loan obligation, call 1-800-226-6102
- Can’t pay your bills at the end of each month? Call DWK Tax Group at 1-800-226-6102
DWK Tax Group: A no non sense tax debt resolution firm with IRS Tax Attorneys and Enrolled Agents. No salesman, only credentialed tax professionals. We have many success stories since opening our doors for business, why not be one of them for us to share.
FREE Tax Relief consultation call 866-226-6102
Individuals or businesses (Sole Prop/Partnerships/Corporations) experiencing IRS levy / wage garnishment status are serviced quickly, methodically with sound representation tactics implemented case by case.
FREE Tax Relief consultation call 866-226-6102