In Need Of An IRS Wage Levy Release?
Don’t believe guarantees of an IRS wage levy release. Wage garnishments are made because you didn’t resolve your past due balances with the IRS. Releasing your wages from a levy is not a specialty that requires specific knowledge. Your history is on the IRS record of account. All delinquent returns must be filed. Payment arrangements must be made on the amounts owed. This is what releases a levy.
Each case is different. Some IRS employees will release a wage levy with a promise to provide financial statements and back up information. Some will not release the garnishment until they get the information. Some revenue officers will not release your wages until after they review your documents. Yet some revenue officers won’t release it until after they approve the agreement. But… It will always get released once you are in compliance and request the release.
Quick IRS Wage Levy Release
Most tax representatives will get your wage levy released sooner than later. So it’s not a great accomplishment to do it. So why have a guarantee that it will be released? Of course it will be released ; Some where along the road to compliance. Probably once the IRS employee believes you will be in compliance and you are suffering a hardship.
Someone guaranteeing a levy release may be motivated to just tell the IRS what they want to hear to get the release. If they don’t follow up properly a levy can be put on lock! Often when someone owes money to the IRS a comprehensive approach is the best solution.
You may be able to get out of paying due to the expiration of the statute of limitation on collections. You may qualify for an offer in compromise. Returns may have to be redone for more deductions.
If you focus on undoing a wage levy you may miss the opportunity to save the most money!
Do you want me to release your wage levy within hours!? No problem hand me any unfiled returns, your IRS financial statements, and complete back up showing how much you can pay unless the IRS has you listed as a “tax protester”, there should be NO problem for me or any other practitioner to get you a IRS wage levy release!
Tuesday, July 19, 2011
IRS Levies
Joe Mastriano’s sites will help you weed out people who are scam artists, and others who fraudulently represent taxpayers.
IRS levies is the action of taking an asset (property, bank account, wages, social security etc.) to satisfy the payment of a debt .
A subordination is the process of getting IRS to allow another creditor a higher collateral security position in your assets.
If you receive a levy notice, don’t hesitate to follow the procedures and contact the issuer to resolve the matter.
The IRS is entitled to file a lien and protect their interests against you. They can sell the property to a third party. For the most part there isn’t much you can do about it. The IRS maintains that it has a right to protect their interests.
I may be able to help you solving lien, levy, and subordination problems. Call me now at 713-774-4467!
Removing IRS Levies
IRS levies will be removed from if you can convince the collection employee that you are taking steps to be in full compliance. This means that returns and collection statement information is being prepared and will be given to them by the agreed upon due date.
Sometimes you need to file returns and/or collection statement info before a levy is released. Sometimes, an IRS employee, after reviewing the financial statement information and he is not satisfied with the evidence shown, might decide to set up an agreement first. If that will take too much time and checks will bounce, or your about to lose most of your wages, then it will be necessary to prove hardship to speed up the removal of the levy you struggle with.
Struggling with IRS levies? Contact us today to see how we can help!
IRS Bank Levys And Liens
Joe Mastriano’s sites will help you weed out people who are scam artists, and others who fraudulently represent taxpayers.
A lien is a legal claim against real property filed in a county court house.
A levy is the action of taking an asset (wages, bank account, etc.) to satisfy payment of a debt.
A subordination is getting the IRS to allow another creditor a higher collateral security position in your assets.
If you get a bank levy notice, follow the procedures for contacting the issuer and resolving the matter.
The IRS will file a lien to protect their interests against you selling the property to a third party. For the most part there isn’t much you can do about it. The IRS maintains that it has a right to protect their interests.
I may be able to help you solving lien, levy, and subordination problems. Call me now at 713-774-4467!
Removing IRS Liens
The IRS Pub 764 incorporates detailed information regarding the application for a lien subordination. Do a Google search and download a copy. It has a great section on how to prepare the application and what to do afterward.
Reasons the IRS will give you a subordination:
a) You can offer approximately 3 times the value of your liability as collateral, or you can buy an insurance bond for approx. 3 times the liability.
b) You can show that it will be easier for the IRS to collect more money by doing the subordination, like getting all the proceeds on the sale of your house, for example.
When I represented my clients, I have received approval for several lien subordinations, depending on the circumstances. The following points should be helpful for your success.
A lien is a legal claim against real property filed in a county court house.
A levy is the action of taking an asset (wages, bank account, etc.) to satisfy payment of a debt.
A subordination is getting the IRS to allow another creditor a higher collateral security position in your assets.
If you get a bank levy notice, follow the procedures for contacting the issuer and resolving the matter.
The IRS will file a lien to protect their interests against you selling the property to a third party. For the most part there isn’t much you can do about it. The IRS maintains that it has a right to protect their interests.
I may be able to help you solving lien, levy, and subordination problems. Call me now at 713-774-4467!
Removing IRS Liens
The IRS Pub 764 incorporates detailed information regarding the application for a lien subordination. Do a Google search and download a copy. It has a great section on how to prepare the application and what to do afterward.
Reasons the IRS will give you a subordination:
a) You can offer approximately 3 times the value of your liability as collateral, or you can buy an insurance bond for approx. 3 times the liability.
b) You can show that it will be easier for the IRS to collect more money by doing the subordination, like getting all the proceeds on the sale of your house, for example.
When I represented my clients, I have received approval for several lien subordinations, depending on the circumstances. The following points should be helpful for your success.
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