The IRS Levy Release Team at Flat Fee Tax Service, Inc. has an IRS levy release record second to none. 95% of our IRS wage garnishment clients have had their garnishments lifted in 1 business day. Often times, our clients have their IRS wage levies (garnishments) stopped and released in a matter of a few hours. We don't send mail to resolve your problem. Our IRS Tax Attorney assigned to resolve your income tax problem will pick up the phone and handle it immediately with the IRS.
We have multiple years of successful experience. We can do this because our IRS tax relief team specializes in understanding exactly how the IRS works and what documentation is needed. Our team of income tax professionals don't waste time.
IRS wage garnishments and IRS Levies can be stopped in one (1) business day, if done properly. One has to realize that the last resort the IRS utilizes is a wage garnishment or levy. This is one of the most lethal enforcement tools available to the IRS. There are several ways to have an IRS levy or garnishment released.
Our team, at Flat Fee Tax Service, Inc., has had great success in having a wage lifted and released prior to having all tax returns prepared and filed. The IRS Tax Attorney assigned to you will call the IRS and verify that you, the taxpayer, is in compliance with the IRS. Being in compliance means that all outstanding income tax returns for every year has been filed with the IRS. Those income tax returns include 1040's, 1099's, quarterly estimated tax payments, 941's or 940's, depending on the particular situation of the taxpayer.
If you decide to handle your IRS income tax levy yourself, be advised that you need to be very cautious when contacting the IRS in regards to this. Before the IRS will give you any information of your compliance, they will immediately interrogate you, trying to find out what bank accounts you have, what other incomes you have and the assets you own. This is all in an effort to begin to levy, garnish or seize any assets the taxpayer may have. This is one of the main reasons why an IRS Tax Attorney should contact the IRS on the taxpayers' behalf. An IRS Tax Attorney does not have to release your personal information to the IRS. Your IRS Tax Attorney's goal at this point is to only determine if the taxpayer is in compliance with the IRS.
Everything is determined by the IRS computers and the automated collections division. The only way to be brought into compliance is by filing all years that were not filed. Depending on what the computer states, you may have to file 6 year's worth of IRS tax returns or they may even go back to 15 year's worth of taxes. This is why the IRS must be contacted immediately to figure out what needs to be done to bring the taxpayer back into compliance.
If there are compliance issues, the IRS will inform the tax professional or the taxpayer what taxes must be filed. It is important to prepare these taxes, but not to mail them in. They need to be faxed to the IRS so they are acknowledged in the IRS computers immediately and the processing of these returns can start within hours, not weeks or months; the IRS may not release the wage garnishment until the tax returns are at least submitted for processing to the IRS.
Once it is determined that a taxpayer is in compliance, the next thing the IRS is looking for is a resolution to the outstanding taxes owed to the IRS. This may be in the form of a payment plan, a partial payment plan, having the taxpayer declared non-collectible or an offer in compromise.
In most cases, the IRS will request your financial information through certain IRS forms in order to determine how much, if anything, you can afford to pay towards your total tax liability. If your file is being handled in the automated collections division, a 433F form (a simplified Collection Information Statement) has to be prepared and submitted along with supporting documentations. If the file is with a field agent, a 433A form (a detailed Collection Information Statement) has to be prepared and filed with the field agent, also along with the supporting documentation. The IRS knows that in 90% of the cases, the wage garnishment or IRS levy is a hardship on the taxpayer, and the proper procedure is that after submitting these financials, the IRS should release the wage garnishment within hours.
There is a second method of having a wage garnishment or levy released; this procedure consists of proving to the IRS that this wage garnishment is a true and immediate hardship to the taxpayer. A hardship to the taxpayer is that housing, transportation or food expenses are at an immediate risk; i.e. if your electricity is about to be disconnected, and you can provide a statement from your service provider showing that your electricity is being shut off due to non-payment or if you are able to provide an eviction notice or foreclosure notice due to non-payment the same method applies.