IRS Notice of Intent to Levy - Taxpayers that allegedly owe tax debts to the IRS will frequently receive Notices of Intent to Levy. While there can be several reasons for the Notice, one is that the IRS must, generally, send such a notice at least thirty (30) days before it actually seizes property or assets. All property or assets are subject to levy by the IRS, even taxpayer's wages - this means that the IRS can get some if not most of the taxpayer's paycheck by way of a wage garnishment levy.
Most Notice of Intent to Levy notices are computer generated. Once the IRS issues a levy on a bank account, it is effective for a minimum of twenty one (21) days. IRS levies of employee wages are continuing in nature, making such levies indefinite in length until they are removed by the IRS. Employers do have the right to terminate employees that are subject to IRS levies and some employers will and actually do exercise this right.
The reasons for and circumstances in which levies might be applied vary widely. Mistakes are made with regard to the application of levies. In certain cases, the taxpayer does not owe any tax but a levy has been placed upon the taxpayer's assets or wages anyway. Regardless, employers must submit the wages levied to the IRS until the wage levy has been released by the IRS.
Wage levies that involve the failure to file or properly file tax returns often have the greatest impact on the taxpayer, particularly in cases where the taxpayer doesn't have sufficient information to file tax returns for prior years. In such cases, the IRS will typically continue to levy wages until the returns have been filed and processed, which can take several months or even longer.
Obtaining relief from wage levies is not easy, but is possible in certain circumstances. To have a chance in getting wage levies released, the taxpayer should respond to the notice quickly. Professional assistance is usually required. Call Bell Law immediately to schedule an appointment to review your IRS documentation.
At Bell Law, LLC, we will remain at your side and provide aggressive advocacy until your tax law issue is resolved. Protect your rights with the help of an attorney who will look at all options available to you. Contact us at 773-696-5087 or toll free at 888-574-7062.
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