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Tax Liens & Levies

IRS Liens Can Demolish Your Good Credit and Borrowing Capacity!

Because Federal Tax Liens are public records they will show up on your credit report. This often makes it difficult and sometimes even impossible for a taxpayer to obtain any financing, even for an automobile or a home.

Bank Account Levies Can Empty Your Checking and Savings!

When the IRS levies a bank account, the bank is required to remove whatever amount is available in your account that day (up to the amount of the IRS levy) and send it to the IRS within 21 days, unless notified otherwise by the IRS.

Regular Earnings Levies Can Take Away Most of Your Paycheck!

Wage levies are filed with your employer and remain in effect until the IRS notifies the employer that the wage levy has been released. Most wage maybe taken from your paycheck so you may have an insufficient amount of money on which to live on.

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Tax Negotiation & Settlement

Individual/Family Tax Payers – If you’re financially unable to pay your tax debt immediately, we can help you make monthly federal tax payments to the IRS through an installment agreement. As long as you pay your federal tax debt in full, we can reduce or eliminate your payment of penalties or interest, and avoid the IRS fee associated with setting up the agreement.

Small Businesses – with employees we can help create an in-Business Trust Fund Express installment agreement. Such an installment agreement may even not require a financial statement or financial verification for our negotiation process.

State or IRS Audit – we can help you prepare for an audit and then represent you as your legal representative. If you are facing a Sales-Tax audit or Payroll audit as a business owner, we can be your legal representative before the State Employment Development Department, or the IRS.

Negotiating an IRS Compromise

If you will never be able to pay your tax debt in full because of an undue hardship, our specialist will negotiate an IRS Offer In Compromise by which the taxation authority may agree to accept a lesser amount of back taxes and wave all penalties.

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Tax Liens & Levies

IRS Liens Can Demolish Your Good Credit and Borrowing Capacity!

Because Federal Tax Liens are public records they will show up on your credit report. This often makes it difficult and sometimes even impossible for a taxpayer to obtain any financing, even for an automobile or a home.

Bank Account Levies Can Empty Your Checking and Savings!

When the IRS levies a bank account, the bank is required to remove whatever amount is available in your account that day (up to the amount of the IRS levy) and send it to the IRS within 21 days, unless notified otherwise by the IRS.

Regular Earnings Levies Can Take Away Most of Your Paycheck!

Wage levies are filed with your employer and remain in effect until the IRS notifies the employer that the wage levy has been released. Most wage maybe taken from your paycheck so you may have an insufficient amount of money on which to live on.

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Stop the Wage Garnishment

By getting back into good standing with the IRS you will be able to stop a wage garnishment. You do not necessarily have to have paid the IRS in full to but enter into a negotiated settlement. Various programs are available to help taxpayers get back into good standing. Here, one of our experienced tax attorneys will be able to guide you to the program that will work best for your specific situation. Below are some of the methods available to halt wage garnishment:

Get an Installment Agreement – The IRS will stop a wage levy once you have entered into an installment agreement with them. An installment agreement works like other loans or credit cards: you must make your agreed upon monthly payments including interest until the amount owed is paid off.

Submit an Offer and Compromise – The Offer In Compromise Program or (OIC) allows a taxpayer to settle the tax liability for less than the amount owed. While not everyone will qualify, once you have submitted a proposal for an Offer in Compromise the IRS will halt wage garnishments during the negotiation process. This may be a way to buy time to search for another program should your offer be rejected.

Declare Uncollectable or Hardship Status – it may be possible to show that paying the IRS will place a family under undo financial hardship. Hardship status is temporary but can last for months or even years if economic conditions o not improve. One of our attorneys can file to have hardship status placed on the case and this will end the wage garnishment as well as allow time to find a more permanent tax debt solution.