When a person or a business has an unresolved tax debt, the IRS will not hesitate to take action. Many are surprised how quickly a tax controversy can escalate into IRS collections that include potential wage garnishment, bank levy, or asset levy.
Get Relief From IRS Collections
At Wiggam Law, our team of experienced tax attorneys are dedicated to protecting our clients’ interests and receiving tax relief as quickly and efficiently as possible.
If you are delinquent on your taxes, the IRS can garnish a portion of your wages. The IRS only has to issue a single levy to be able to seize your salary, commission, or other types of income such as dividends or payments on promissory notes. Even worse, the IRS can keep taking money from your paycheck every week until the back taxes and penalties are paid.
A levy on your bank account is one of the most common IRS tactics for seeking delinquent funds. If you’re late on your taxes, an IRS bank levy will seize all of the funds in your bank account up to the amount of back taxes, penalties and interest you owe.
Asset Levy & Seizure
The IRS can also levy and seize assets as compensation for unpaid federal tax debt. This can include houses, vehicles, jewelry, artwork, and other valuable personal property. It can be extremely difficult to get your property back once it has been claimed by federal or state taxing authorities.
Schedule a Consultation With Our Attorneys in Atlanta, GA
If you are dealing with IRS debt collections and are at risk of wage garnishment, bank levy, or asset seizure, it is best to act quickly and hire an experienced tax attorney as soon as possible.
Our team will develop a proactive solution, with the goal of stopping the wage garnishment or levy or having it released as soon as possible. We are dedicated to protecting your interests and want to help keep your money where it belongs – with you.
Contact Wiggam Law to talk with an experienced tax lawyer.