Sunday, March 14, 2010

Getting Your IRS Tax Levy Released

November 22, 2009 by admin  
Filed under IRS Tax Levy, Tax Settlement

Before an IRS Tax levy is placed on wages, bank accounts, tax refunds, etc., a Notice of Intent to Levy will be sent to the taxpayer, along with the individual’s rights to appeal the levy. If an individual does not respond in time to negotiate an alternate means of collection through any other IRS tax [...]

IRS Tax Levy – How To Protect Social Security Benefits

November 22, 2009 by admin  
Filed under IRS Tax Levy, Tax Settlement

The Federal Payment Levy Program (FPLP) allows for certain Social Security (SS) benefits to be subject to an IRS tax levy. In fact, all benefits described in the Social Security Act, Title II, may be levied, which includes, Survivors, Disability Insurance, and Federal Old-Age Benefits. To pay a tax liability, a 15% IRS tax levy [...]