IRS levies have a way of striking without warning. In a flash your bank accounts, wages, or assets vanish without a trace. You might think you are safe from an IRS tax levy if you’ve avoided an IRS notice so far. But truthfully, you can not escape the dangers of an IRS bank levy, IRS … Read more
If you do not file a request for a Collection Due Process Hearing within 30 days from the date of Letter 1058, the IRS can levy your bank account, wages and other assets such as retirement accounts, to collect back taxes. What is a Levy? A levy is effectively a seizure by the IRS of … Read more
If IRS collection notices are ignored, the IRS is forced to collect from taxpayers by force. They do this with their dreaded IRS levy. By law, the IRS has the right to levy bank accounts (IRS bank levy), garnish your paychecks (IRS wage levy), or even seize your assets. But you do not have to … Read more
Assess your problems. If you are in debt, figure out how much money you owe. Who do you owe it to? Is it the bank, a car dealership, or simply a friend that you lost a bet to? If it is just -100.00’s look for a job to work and as soon as you get … Read more
Take Steps to Financial Freedom Financial freedom has long been the goal of the vast majority of businesspeople. Everyone has heard of “climbing the corporate ladder,” and it’s known perfectly well that the purpose for climbing that ladder is the hope of finding success and making more and more money until one day, the climber … Read more