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,...

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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,...

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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...

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