Tax Help Blog
|Posted by HB Duran, EA on February 14, 2014 at 5:40 PM||comments (0)|
When you've been negotiating with the IRS as long as I have, you start to think you've heard everything. Well, leave it to the least-loved Government Agency to throw me a curve ball last week; and leave it to pure stubbornness to set things right.
A local gentleman received his paycheck only to find that the IRS left him a little over $300 to live on; the obsurd amount they deemed acceptable when calculating how much to take out. Needless to say, the man needed help, and fast. His payroll department said that the levy came from the IRS, but were consistently unavailable to provide any sort of details on the matter.
With my Power of Attorney on file, the IRS is required to send me a copy of any correspondences, and my mail box was suspiciously missing a certain Notice of Levy. So when I called them immediately upon hearing the bad news, it didn't surprise me when they said that the IRS DIDN'T issue the levy at all.
Mind you, this wouldn't be the first time a bank account or paycheck came up short and a client assumed it was the IRS who took their money. It usually turns out to be for State taxes they forgot about or another, unrelated debt. I checked the usual suspects; State, medical bills, other creditors, etc., but without luck - WHO was taking my client's money?!
I placed call after call to the Internal Revenue Service to get details on a levy that they claimed didn't exist. Without a copy of the levy, we were unable to force them to release it. It wasn't until I spoke with a Taxpayer Advocate that I learned it WAS the IRS, and they had broken a number of procedures in issuing this levy.
This morning, I confirmed that my client's paycheck was returned to normal - but what should you do if the IRS garnishes your paycheck?
- Don't panic - contact your Payroll Dept and request a copy of the levy. They will receive a copy before you do.
- Contact Heidi Duran at Achievable Dream Tax Resolution immediately to learn your options - 855-694-7743.
- If you're missing returns, file them immediately. Borrow the money if you have to, but the IRS will not release levies if you are not current with all filings.
- Be prepared to furnish proof that the levy is causing you a hardship. This may seem like common sense, but believe it or not the IRS has to SEE that hardship in writing. Gather regular monthly bills, bank statements and pay stubs so that you're ready to answer a number of financial questions.
I negotiate the release all types of levy each month, from bank levies to Social Security, wages, pension and more. If you're suffering from ANY levy, you don't have to take it - call or email today and empower yourself by taking action. I never did get my copy of the levy, OR its release; just proving that the IRS makes mistakes - but I'm here to set things right!