Tag Archives: IRS levy

Want to stop an IRS Levy?

If you can’t afford to pay your IRS tax bill, the IRS has a multitude of programs to help you out. One of the most interesting of the IRS programs is something called currently not collectible status.  If the IRS … Continue reading

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Can the IRS take away your Social Security check?

Is social security exempt from an IRS levy or garnishment?  The short answer is no, the IRS is allowed to take away your social security if you fall behind on your payments to the IRS. The rules are laid out … Continue reading

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Fighting a 6672 penalty for employment taxes?

If you were the officer of a company that went belly up there is a good chance the IRS is going to come after you for the missed employment taxes.  Typically the IRS will hit you with something called the … Continue reading

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Taxpayer’s Rights

When it comes to dealing with the IRS, you are in the driver’s seat. Due the to various bouts of Congressional grand standing and political theater, the tax code is riddled with provisions that help out individuals. Hit with an … Continue reading

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Can the IRS take away your house?

A big fear of people when they receive a notice of intent to levy from the IRS is that they are going to lose their home.  The big question is, “Can the IRS take away our home?” The simple answer … Continue reading

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Levied by the IRS, how does the shutdown affect you?

Have you had your wages or bank account garnished by the IRS?  Is the IRS taking away your social security? That’s exactly what happened to one couple, the IRS started to levy or garnish the couples social security benefits (Yes, … Continue reading

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Late Filed IRS Offer in Compromise, Tax Court decision could help you

Did you file your offer in compromise late because the IRS hardly gave you any time to fill out the forms?  The Tax Court might have thrown you a life preserver. The Tax Court case printed below dealt with a … Continue reading

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IRS rules for an offer in compromise

If you listen to TV or radio you’ve probably been inundated with offers to, “settle with the IRS for pennies on the dollar!”.  I’m pretty sure that at least 75% of our tax problem clients mention those ads. I’ve got … Continue reading

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IRS Levy aka IRS wage garnishments

Has the IRS garnished your wages?  Its normally quite a shock when the IRS garnishes wages as they typically only give you a few hundred dollars a month to survive.  It tends to get someone’s attention really fast.  Can’t tell … Continue reading

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