What Do You Do If The IRS Levies Your Bank Account?

When IRS issues levy on your bank account, it means that you are a tax offender, whose tax balances has become delinquent prompting IRS to enforce collections. Government allows IRS levy on bank account without the need for court warrants. So, don’t be surprised if IRS freezes your bank accounts.

But believe this, IRS is one creditor that you should avoid at any cost. This is because IRS has the authority to take funds from your bank, freeze your assets, sell your property or levy on the wages. So, in case you have been issued a levy from IRS, there is an important thing that you should immediately do. 

In case of IRS levy on bank account, immediately seek services of a professional tax negotiator, who can help you and IRS reach an agreement on paying your taxes as a part of monthly installments. But it is more difficult to get a release from IRS bank levy in comparison to wage levy. Hence, make sure that you choose a negotiator who has experience and higher success rates than others. A tax negotiator that takes a percentage of fees only after negotiating a release should be preferred over others.

Ensure that you provide them a copy of the levy and fill in documents or package forms for faster processing. Also, once you are released from the levy, opt for a plan that protects you from any future levies.

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IRS Tracks Your Digital Foot Print

The next time you do an online transaction or put up an auction at EBay, beware of the prying eyes of the Internal Revenue Service. The latest news on the tax block embraces the use of an upgraded digital tracking technology by IRS to trace the crawling feet of taxpayers online. The expansive network span will be used to track cases of tax cheats and forgeries. This would be done through creeping into territories such as online transaction records, credit card records, emailing patterns as well as such platforms for personal use like Facebook.

To add to the networking scrutiny IRS will also have access to your Social Security Number along with medical records and other important information that are kept secure. Although there will not be encroachments on your personal information otherwise, whatever data you input will be subject to scrutiny in case you are involved in any tax challenges or the IRS suspects irregularities in your tax payment records. All tracking and networking will be done through extensive computer systems which would run parallel for grabbing and analyzing data from different sources.

The data thus obtained will be utilized for further research in areas such as tracking internet addresses, analyzing social presence through social media platforms like Facebook, relationship analysis through personal identifier checks and others. The information can be a great lead for the Internal Revenue Service as with this they can gauge the economic disposition of individuals without much deliberation. These in turn will go on to support tax audits and defend and fight noncompliance.

Wish to release your IRS levy? Get in touch with www.taxnegotiations.com -National Internet Tax Services and get your IRS levy released within 3 to 5 days with a hundred percent success guarantee.

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How to Choose Tax Services for a Wage Levy Release?

A tax levy, under the federal law of United States gives indomitable powers to the Internal Revenue System or the IRS, wherein it can tax and seize an offender’s property, wages and freeze bank accounts for satisfying a liability. Of all the levies, wage garnishment is the most popular procedure, through which IRS attempts at getting attention of the taxpayer. Under this process of wage levy, IRS asks third party to withhold wages and pay it to the IRS to satisfy an individual’s tax liability. This can cause financial loses and family troubles. And since IRS doesn't need a court order to do that, therefore, choosing tax services is crucial to ensure levy release.

When it comes to choosing tax negotiators or tax services, one must start by searching the list of tax service providers online. Internet has plethora of information, therefore check different websites. Usually, good tax services and negotiators provide guaranteed release in three to five days and have a particular fee for all kinds of levies. They also have tax preparers to ensure that levies don’t arise in first case.

For those who have levies, the choice of tax services should depend upon overall success rate of the company. Usually, organizations that offer deal under which defenders don’t require to pay fees if they don’t get a release have better success rates. This is because such companies have a personalized approach for getting release agreements for each individual case. So, choose wisely.

Our organization, www.taxnegotiators.com provides levy release in three to five days at affordable rates. Visit the website or call 877-256-3328 for details.

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