New Channel 8

New Channel 8

Relief federal taxes

There are about 1.2 million tax prepares in the US, so says the Cato Institute. That being said, why would you risk federal tax problems like a federal tax levy, or having to owe federal taxes, when you can go to someone to ensure that three months down the road, you will not need federal tax relief?
The IRS and state government take a hefty sum from our earnings and spending already. In several of the United State’s localities, and forty three of fifty states enforce an income tax on our earnings. And if you do not pay all of the taxes that you owe, the IRS gets cranky.
From the Internal Revenue Code, the IRS is given the ability to place a federal tax levy on anyone’s wages (known as a garnishment, where they demand the employer just automatically give the money to the IRS, instead of giving it to the employer to then be handed over), their property, proceeds from insurance, social security payments, and even that person’s own bank accounts.
Another type of federal tax levy is when the IRS places the levy upon actual possessions owned by the tax payer. This tragic event is known as seizure. Or they can even place the levy upon the assets found in the possession of a bank, a brokerage house, or any other third party.
As terrible as it is that the government takes so much from us in the form of taxes, it is more detrimental to be forced to pay the government in the form of a levy upon ones assets. This is a great source for more: federaltaxproblem.org

6 thoughts on “Did the Levees Break, and Now Your Wages are Levied?

  1. how can you not?! they should just leave us alone, trying to take even more of our money. they yank so much out my paycheck every week already

  2. how can you not?! they should just leave us alone, trying to take even more of our money. they yank so much out my paycheck every week already

  3. how can you not?! they should just leave us alone, trying to take even more of our money. they yank so much out my paycheck every week already

  4. how can you not?! they should just leave us alone, trying to take even more of our money. they yank so much out my paycheck every week already

  5. how can you not?! they should just leave us alone, trying to take even more of our money. they yank so much out my paycheck every week already

  6. how can you not?! they should just leave us alone, trying to take even more of our money. they yank so much out my paycheck every week already

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