IRS Intent through Levy Notice
Intent to Levy Wages Notice
Right after you receive a notice taken from the IRS containing their intent to levy, it is usually because your taxes perhaps haven't been paid up or the
IRS found a problem with your tax filings and you have not resolved the taxation problem in a timely fashion.
The Irs is necessary to send this aiming to levy notice earlier than they can come to levy your assets. The up coming conditions set throughout the US
congress must be followed by the IRS before they levy wages:
1. Supply you with a written Notice of Intent to Levy showing your ability to appeal the levy.
2. The notice must be delivered privately, left your own place, or sent by mail to your last known address 30 days prior to them taking action
3. They must feature an explanation with the reason for the levy, the levy process including your collection alternatives
Whenever you receive the notice, you will have 30 days to take action to protect yourself from the levy. The Irs will levy your financial assets or wages
if you don't take action in order to reach your tax liability. These are some of the legal IRS levies that can be taken from you:
a.Garnish Wages
b.Levy your bank accounts
c.OPM retirement benefits
d.SSA benefits
e.Take contractor or vendor payments caused by you
f.Commissions
g.Property
h.Employee travel advances
i.Rights to Property
j.Other assets that the IRS can use to satisfy the tax liability
k.This final notice of intent to levy should NOT be ignored. It's possible you'll receive other letters or phone calls hassles from the IRS.
If you do receive this notice, call Jay Allen Finn, CPA immediately. He expert in swift action and he has 30 years of experience fighting the irs for
taxpayers just like everybody else. Mr Finn has a current A+ rating with the Better Business Bureau much in part to his satisfied clientele which have
experienced previous tax circumstances he resolved. Don't hesitate in calling Mr. Finn. He knows precisely the steps to take to prevent further action
through the IRS, including wage levies, bank levy, wage garnishment, etc. Every clients' tax problems are different, however, many of them could
possibly be resolved with quick solutions, that Jay Allen Finn specializes in. One of the options is:
Offer In Compromise An offer in compromise is a settlement allowing taxpayers to settle their tax arrears for less than the exact amount they owe. It
needs to be handled with a Tax Specialist , like Jay Allen Finn. This is a complicated tax filing and the taxpayer must meet strict IRS requirements to
be able to qualify.
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