Unfortunately many taxpayers behind on serious tax debt have gone to the ATM machine to take out some cash only to discover that their balance had somehow dropped to “$0.00″. After consulting with their bank they discover IRS, had emptied their bank account. In addition if the funds in the bank account did not satisfy the debt owed to the IRS they may also discover they have had their weekly paycheck “garnished” by the IRS. Individuals who have had this experience are frustrated, feel powerless and now find themselves in a very difficult financial situation. Many taxpayers under the stress of a tax levy or wage garnishment feel there is nothing they can do to legally to help their situation.
In fact, there is recourse under the law for those Americans willing to pursue their legal rights to their property – namely, their money, the heard-earned fruits of their labor. A skilled Tax Levy Attorney can negotiate with the IRS for the troubled taxpayer’s behalf. In addition to the legal avenues available once some procedures like the negotiation an Offer In Compromise have begun the IRS suspends it’s collection activities during the negotiation period. Some of the effective legal programs available for taxpayers to take include, installment agreement, offer in compromise, bankruptcy protect, penalty abatement . However an individual would legally have to have been notified by the IRS many times prior to the IRS taking this drastic action and chose to ignore the problem which just makes things worse. If you have received a Notice of Levy from the IRS you must act fast – there are only 30 days before the IRS will begin to levy your bank accounts and wages. Someone in this difficult situation needs to contact Tax Levy Lawyer immediately to get their IRS problem under control before it becomes even more difficult. Be sure to only work with a bar-member attorney with a great BBB rating and avoid that large paralegal tax companies. Often these larger tax forms make promises they cannot keep and are frequently fined for false advertising. A tax attorney that will work directly with your case with a history trustworthy performance will be able to present the best options available and help guide you through and out of IRS troubles.
