How to handle a wage levy.
An active wage levy gives the Internal Revenue Service the ability to take money away from your paychecks to pay off your past debt. It does not matter how much or how little you make each month. The IRS is going to take what they need to be made whole again. This won’t all happen in one lump sum, but it may happen in larger amounts than you are prepared for. You can avoid all of this with a strong negotiation beforehand.
If you work with the team here at BC Tax, we will come up with the best possible solution for both you and the government. All the IRS cares about is getting paid. The only reason they issue wage levies is because they fear that payment will never come. If we can show them that you are capable of paying off your debts, you may be able to avoid having your wages garnished.
In order to assess your options, we will have a consultation with you. We will look over your entire situation and see what the best course of action will be. We can try to reduce your tax debts even further so you owe less to the IRS, and if we can’t, we’ll at least secure a payment plan you can commit to. We have qualified professionals which includes Attorneys, CPAs, Enrolled Agents, and former IRS agents working on our team, so we know the ins and outs of the system well.
Contact BC Tax today to learn what we can do for you.