You have the right to representation anytime that the IRS threatens with a levy. If you convey openly with the IRS, levies can be averted. With cooperation before an issued levy, talking terms positions are in beneficial principles. There are two types of levies: wage levy and bank levy.
Wage Levy (or it can be wage garnishment):
A wage garnishment is the method of subtracting money from an employee's monetary compensation (including salary) as a consequence of a court order. Wage garnishment can be discharged - but only under certain conditions. Instant Tax Solutions can help you end wage garnishment, conciliate tax debt for a fraction of what is due, bring down or do away with tax penalizations, or re-negotiate a monthly defrayment plan. Instant Tax Solutions is a trusted tax team of IRS Tax Attorneys & Lawyers, IRS Enrolled Agents, CPAs and former IRS Auditors that are experts in resolving all kinds of tax indebtedness issues.
Bank Levy
A bank levy does not exactly befall at once; generally it is the consequence of a creditor attempting to draw a debtor to pay back a debt. Evidently in the case of taxes, if the IRS has sent you a letter positing that you owe taxes and you either resist paying off the debt or don't reply to their asking by either arriving at a quittance plan or attempting to do work with them towards repayment, a instrument they will apply is a bank levy. They will freeze your accounts and capture any revenue in your account up to the sum of money that you owe.
In the United States, such defrayals are captive by federal law to 25 percent per annum of the disposable net worth that the employee brings in. Wage garnishments carry on until the full debt is paid or agreements are attained to buy off the debt. Garnishments of wages can be taken for whatever type of debt but basic cases of debt that outcome in garnishments include:
* Taxes
* IRS Debt
* Unpaid court fines
* Defaulted student loans
* Child support
* Any other type of monetary judgment
Instant Tax Solutions can represent you in IRS negotiations, solving your wage garnishment issues, and bringing your tax troubles to a cease. We have a superior success value in the acquittance of wage garnishments. It is very probable we will be able to have the garnishment discharged before your following paycheck. If you have obtained an IRS notice of Intent to Levy, Instant Tax Solutions may be able to prevent the garnishment from befalling and avoid additional accumulation action. For more information on tax attorney, please click here.
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