Stop bank levies in their own courses, and get rightful access to your money again.
What is a Bank Levy?
In case your tax debt has been built up to a high enough of quantity, the IRS may choose to issue a bank levy in your checking account, savings or brokerage accounts. This is basically when the Internal Revenue Service gives out a lawful seizure of your assets, as well as your bank must send them a specific portion of the money which you have saved with them.
Following the IRS issues a bank levy, in your assets will freeze for 21 days, and that your funds will probably be sent directly to the Internal Revenue Service, when you would not manage to get them back.
Essentially, it’s of legal form larceny, where the government steals from its own people for tax cash owed.
Can my bank levy be removed?
Fortunately for you, most bank levies can be taken away quickly, depending on your individual tax situation.
That way, send to the authorities, and then you’ll have access to the money stored within those and also all of your accounts, instead of having them locked up.
How can I get rid of my bank levy?
For most of US, the easiest way to quit an IRS Bank Levy would be to use a team of experts who’ve extensive experience in coping with these kinds of dilemmas.
Give our Athens tax law firm a call immediately to see what we can do to help you.
We can have your wage garnishments removed within 24 -48 hours, thus give our Athens office a call for help soon!
What is a Wage Garnishment?
Has the IRS gone to garnish your wages and pay check every single week? They are lawfully capable to take before you even see it, to begin to payback the money you owe on back taxes, a substantial portion of your hard earned money. They could prophylactic potential future raise or promotion, and will frequently go directly to your employer to work out that kind of deal, that will force you to appear even worse for your supervisors.
For most people, this creates substantial income issue, as you’ve regular monthly expenses that you must pay, for example rent, utilities, car payments, mortgages, child support payments, alimony, and many more expenses that you just can not simply blow off paying.
Our specialist team of Athens tax attorneys, CPAs and federally enrolled agents are standing by, and wage garnishment is removed by help dozens of clients per month fast.
How Much Can They Take From My Paycheck?
The precise amount of the tape, will depend on your own own monthly expenses and how much you make an income, but can be anywhere from 10% to 40% of your final paycheck amount.
HowCan my Wage Garnishment Be Quickly Removed?
For most cases, we can actually quit the wage garnishment within 24 to two days, depending on your individual tax situation. They’re also fast to remove them, especially when they cause financial hardship for people just trying to make it by every month, although the IRS is fast to issue these. If we can demonstrate that once they have garnish your wages, you are struggling to keep up with expenses that are regular, our Georgia team can usually act immediately to get them removed swiftly.
So if you haven’t had your wages garnished yet, be ready for it to occur as it does for many taxpayers across the United States. It is just an issue of time till they come after you also.
Negotiating with the IRS is something our Georgia team does on a daily basis, therefore let us help you!
How Can I Negotiate with the IRS to lower my my tax debt?
If you have built up a significant tax debt to the IRS, and live in Athens, odds are that you might be able to negotiate a specific part of your debt to be forgiven, and spread out the procedure in which you’ll pay for it.
However this is generally much less easy as it seems, since you’ll be fighting against the largest collection agency on the planet, who puts aside billions of dollars and tens of thousands of workers to go after citizens like you, to ensure they get the money they are owed.
How Should I Begin Negotiating With the IRS?
One of the fundamentals of negotiating a tax settlement with the Internal Revenue Service, is to have some sort of negotiating advantage. For many people, the risk of non-repayment of their debts may be utilized as a bargaining chip against the Internal Revenue Service.
But coping with this specific individual revenue policemen can be very hard, and if you don’t understand what you’re doing, you can frequently end up in a worse position than you were before.
To set yourself a couple of money time and headaches, you should simply let our Athens tax lawyers that are handled in negotiations for you. It’s something which we do day in and day out for customers, and may get outstanding results based on our experience and contacts within the Internal Revenue Service.
How Can I Get the Best Deal in Negotiations?
To get the best deal on your own tax settlement discussions with the Internal Revenue Service, you have to know which buttons are the very best ones to push. Like we mentioned above, the hazard of non-payment is normally a great way to be able to get a lower rate for amount on what you will repay. Things enjoy life scenarios, financial adversity, and the other financial situation can often assist in reducing your monthly obligations in an installment agreement, and the total amount you owe overall.
But the easiest way to go about negotiating with the IRS would be to let our Georgia law firm manage it for you.
The best means to remove most of your IRS tax debt would be to negotiate an Offer in Compromise arrangement, and we can help.
What is an Offer in Compromise?
One of the top applications the IRS has available right now, is known as the Offer in Compromise program. This application essentially allows individuals would’ve gone through considerable financial or emotional hardship to get their tax debt reduced to to a far lower amount, in accordance with what they are capable to really reimburse within a decent quantity of time.
For lots of individuals, this means they could legally avoid paying upwards of 80% to 90% of their tax debt. For anybody who qualifies, this may make a huge difference in the characteristic of your own life in the future.
How Can I Qualify for the Offer in Compromise?
Sadly qualifying for an offer in compromise deal is not the easiest thing, and several people that attempt to qualify we’ll not be tolerated, and actually give the IRS more info than they need to. This may sometimes even lead to the IRS upping your tax debt because of the brand new information that they were unknowingly given by you.
To best increase your probability of really qualifying for an OIC deal, you must speak to our Georgia before you do anything else, and law firm instantly. We are confident that we can also do so for you if your circumstances allows it, and negotiate offer in compromise arrangements on a daily basis for our clients.
What Do I Need to Get an OIC Agreement?
You’ll need to show significant emotional and financial hardship throughout that time you haven’t filed your back tax returns, for the majority of people to qualify for an OIC deal. This could be anything from a job layoffs, two at a medical emergency, and a lot more matters, based on your ability to make a sound wage, and how appreciably influenced your life.
With only 15 minutes on the phone, our Athens experts can let you know the exact likelihood you will have the capacity to qualify for this agreement, and end up saving a ton on the amount you owe in taxes.
What is the best way to negotiate an Offer in Compromise Agreement?
If you actually let to for you the very best way to negotiate this deal, and our Georgia lawyers and CPAs are ready to assist you.
Fees and Interest costs can add up fast, but our Athens company of experts can have them removed even quicker!
What is the IRS Penalty Abatement Program?
Odds are, that if you have built up a tax that is major at the IRS, they’ve added to your final debt, which can improve it substantially if not practically double it from what you truly owe on interest charges and additional fees.
But luckily enough, in an attempt to get you to reimburse you tax debts, the IRS will often agree to reduce or remove some of these fees and interest charges, which can significantly decrease the quantity you owe. Plan or this action is referred to as penalty abatement, and is something that our Athens tax law firm does for all of our customers.
How Can I Get my IRS Penalties and Interest Reduced?
Just like in negotiating with the Internal Revenue Service, when you can utilize the notion of non payment of your tax debt against them, then odds are that they will decrease the overall amount you owe, just attempting to get back whatever money they look good to their supervisors, and can.
Our Georgia tax pros are well versed in helping our customers get the best deals in terms of fee abatement, and do it on a daily basis. The very best way to qualify and receive the best bargain would be to let our team of specialists handle it for you. Rather than trying to handle a gigantic water line break by yourself, you would call a plumber who could get it fixed promptly, before more damage is finished. The same thing goes with taxes.
How Much Can I Save with IRS Penalty Abatement?
In having your penalties and interest reduce, the exact number you will save will depend a lot on your individual tax situation, and your fiscal situation in your life that is regular. However, for many people, we can choose a solid 20 to 40% off the top, before in the other programs are added in, only with reduced penalties and interest charges the quantity you owe has been slapped on by the IRS.
Give our Georgia team a call immediately to learn what to do next, and after a brief 15 minute phone conversation, you will know just where you stand, and how much you can save. The information from that consultation is free that you do whatever you like with, including go with a competitor, or do it yourself.
