Being Pinched with a State or IRS Wage / Bank Levy

An IRS or State of California order to withhold or levy all sources of income is the last resort option for the taxing authority looking to get the taxpayer’s attention. The taxing authority will not stop at waged income. Personal bank accounts to pay for your mortgage or rent and everyday living expenses is just as much at risk.

Wage Garnishment / Wage Levy

A levy is a legal seizure of your property to satisfy a tax debt. Federal levies are different from liens. A lien is a claim used as security for the tax debt, while a levy actually takes the property to satisfy the tax debt.

If you do not pay your taxes (or make arrangements to settle your debt), the IRS may seize and sell any type of real or personal property that you own or have an interest in. For instance,

• IRS could seize and sell property that you hold (such as your car, boat, or house), or
• IRS could levy property that is yours but is held by someone else (such as your wages, retirement accounts, dividends, bank accounts, licenses, rental income, accounts receivables, the cash loan value of your life insurance, or commissions).

IRS usually levy only after these three requirements are met:

• IRS assessed the tax and sent you a Notice and Demand for Payment;
• You neglected or refused to pay the tax; and
• IRS sent you a Final Notice of Intent to Levy and Notice of Your Right to A Hearing (levy notice) at least 30 days before the levy. This notice can be delivered in person, be left at at your home or your usual place of business, or send it to your last known address by certified or registered mail, return receipt requested. Please note: if the IRS levies your state tax refund, you may receive a Notice of Levy on Your State Tax Refund, Notice of Your Right to Hearing after the levy.

The above is referenced via http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Levy

IRS reports tax revenue is up 13% for the fiscal year of 2013 compared to 2012.

Resolving a Levy is only the beginning

Now that the levy is stopped, additional variables must be addressed for long term success;

• Tax return compliance
• Corrected withhholdings
• Identified estimated tax payments
• Business Foundation Structure
• Lien termination and removal
• Tax liability accuracy

Acquiring real tax help with a levy can be a bit of a crap shoot for the general public to obtain. The tax resolution industry is flooded with many who say they will help, however fail to deliver true tax relief as promised. The taxpayer must conduct their due diligence to protect themselves from the unscrupulous . Simply type the name of company you are interested in and include the word, “complaints”, “rip off”, or “reviews”.

Example: “DWK Tax Group complaints“. None to be found because DWK cares about how they are perceived in the court of public opinion.

Better Business Bureau (BBB) will register any complaint regardless if the company is a member or not.

DWK Tax Group advises all…not all representation puts your needs first. Unfortunately, the tax resolution process is loaded with unseen twists and turns…the inexperienced or unsuspecting taxpayer would need to trust their representation unconditionally.

1) Speak to the individual that is accountable to the client.

2) Speak to person responsible for the case process and resolution.

3) Speak to the managing partner who cares about how the company representing you is perceived in the public court of opinion.

4) Speak to the individual whose interest are to advise of long term tangible solutions and tax account future collection prevention.

A 20 minute tax analysis of no cost is what you have to lose. If ready to make a conscious change to the approach to settling a tax problem, seek representation that you can trust. DWK Tax Group and its team of Tax Attorneys and Enrolled Agents will bring its no non sense, no excuses approach to the client seeking real rational tax relief.

DWK Tax Group offers an affordable flat fee structure, DWK Tax offers in house financing and most importantly swift results. Call us today, 1 – 8 6 6 – 2 2 6 – 6 1 0 2, weekdays, weekends, in the wee hours of the morning. DWK Tax will get back to you, folks looking to right a mistake deserve a fighting chance toward positive change.

Visit http://dwktaxgroup.com/ for additional informative information and articles.Thank you for your time in advance…

State Levy or IRS Tax Problem | DWK Tax Group

Taxpayers looking to acquire a Tax Attorney or Enrolled Agent tax problem settlement should not be a grind. An active IRS wage garnishment or IRS wage levy is a sure fire indication you’ve neglected the IRS tax problem for way too long.



Now, what to do about it?



Option 1: Stick your head in the sand option and hope the tax problem someday goes away. If reading this article, either the taxpayer has implemented this policy or the citizen is a victim of procrastination.



Option 2: Utilize the Internet, get informed about the “core” of the tax problem. Look to resolve the tax problem on your own. Your IRS or State refund is being off-set due to a liability that can’t be identified. Wait on hold for 2 hours and hope to get an IRS employee that exemplifies respect and courtesy since you had not filed for 7 years. Good luck with that.



Option 3: Retain representation, speak to a sales guy or girl. Keep your fingers crossed they do what they said they would do to resolve the back tax problem. 3 months pass by, still no resolution end game in place. You call the sales guy or sales girl, no longer with the company. Out $3000.00 with nowhere to turn and back at square 1. Don’t get your phone calls answered, emails go un-noticed and you are stuck back at square one. Choose wisely, research tax resolution companies by typing the company name and the words, “complaints”, “rip off”. The results are jaw dropping.



Option 4: Don’t panic if you receive a notice of intent to levy. Calmly dial 1 – 8 6 6 – 2 2 6 – 6 1 0 2, speak to actual tax professional who is interested in resolving the tax problem nightmare correctly the first time around. Do not get blindsided by additional fees on the back end. Obtain a clear and concise understanding of what is ahead, be sure to get the professional fees in writing. A written contract will protect you from unscrupulous behavior excuses for every reason to stop or suspend your account. Most importantly, do not fall victim to the fee system based on what you owe, but what work is required.



Collection action on behalf of any taxing authority is not to be taken lightly, penalties and interest are accruing. Tax returns are probably being prepared for you, these tax returns are called IRS “substitute filed returns” or state “forced filings”. Taxing authorities have come up with additional avenues to gain the taxpayers’ attention by suspending professional licenses and or, driver’s licenses.



Whatever it may be, whatever the reason for not engaging the tax problem, a balance of $10,000.00 or more will surely warrant a tax lien, a public notice to potential lenders. The tax lien is communicated via the county recorder’s office. At this point, your IRS tax problem has become public knowledge. Just when you need help with a new vehicle or a new refrigerator, guess what is the number one entry on your personal credit report? Balances due to the IRS. No one will trust your ability to pay back a loan when you snub the most powerful collection agency in the world.



Got bad credit now? DWK may provide a way out. Get yourself upright, if not for you do it for the kids.



For addition informative articles, go to DWK Tax Group better yet call us for a 20 minute conversation / tax analysis to truly understand what options you have. Dial 1 – 8 6 6 – 2 2 6 – 6 1 0 2 for a life changing event.



DWK Tax Group ensures 3 points need to be shared when a potential client inquiring to resolve the State or IRS tax problem upfront;



1) A reasonable expectation of relief,



2) A timeline to experience relief and



3) Case file flat fee costs. Affordable terms for financing, if necessary.



Thanks for your time in advance….

Unfiled Tax Returns |IRS or State Tax Resolution Hardship Specialist | PRLog

Unfiled Tax Returns |IRS or State Tax Resolution Hardship Specialist | PRLog

Pure Levy Tax Relief via an IRS Offer in Compromise

IRS Levy Tax Relief

Breaking down the barriers of tax problems!



No matter how bleak the IRS or State back tax problem may seem…a tax attorney / enrolled agent resolution waits. A tax levy indicates the tax issue has gone unengaged long enough. Tax relief help is not a myth.



SOI Tax Stats – Delinquent Collection Activities – IRS Data Book Table 16 indicates an uptick in “accepted” offer in compromise submissions for 2012 at 37.5% of submissions. In comparison, the acceptance rate for 2011 was 33.8%. An IRS offer in compromise is an agreement between a taxpayer and the Federal Government that settles a tax liability for payment of less than the full amount owed. Absent special circumstances, an offer will not be accepted if the IRS believes the liability can be paid in full as a lump sum or through a payment agreement.



As with all cases, DWK Tax Group’s team of state barred Tax Attorneys and IRS credentialed Enrolled Agents conducts a detailed tax analysis to determine a maximum level of tax relief upfront. The holy grail of tax relief help is the ability to settle for an amount less than currently owed via an “accepted” offer in compromise submission.



“In some strange way,” said DWK Tax Group’s managing partner and IRS enrolled agent Andrew Kai Hatchie Jr., “taxpayers experiencing an IRS or State levy somewhat forces the taxpayer to come forward, discuss the multiple business and or, individual facets of what got them into this mess in the first place. By addressing the need for tax relief help, your tax account may warrant economic hardship status based on the taxpayer’s current financial snapshot. DWK Tax will formulate a sustainable, competent and aggressive tax relief action plan based on the taxpayer’s financial information to execute.”



The tax man knows no boarders:



The Foreign Account Tax Compliance Act (FATCA), which became law in March of 2010. If you are a U.S. citizen or resident alien, the rules for filing income, estate, and gift tax returns and paying estimated tax are generally the same whether you are in the United States or abroad. Your worldwide income is subject to U.S. income tax, regardless of where you reside.



“Ultimate tax relief can be acquired via many different avenues,” says Hatchie, “DWK Tax Group offers someday IRS or State tax relief services geared to immediately contact the taxing authority in question. We’ll understand deadlines or missed deadlines, revenue officer assignment, conduct discovery, release levies and ask for additional time to regroup, if necessary. For us, transparent representation, expectation accountability and outstanding customer service is of the utmost priority.”



Regardless of the tax account balance owed, dial 1 – 8 6 6 – 2 2 6 – 6 1 0 2 for a tax account review initiated by one of our tax attorneys or enrolled agents. No middle man, no annoying salesman…just tax professionals here.



Get the help needed to thoroughly resolve the IRS or State tax problem correctly the first time around.

DWK Tax Group | Nationwide, Protect Your Paycheck From State/ IRS Levy | PRLog

DWK Tax Group | Nationwide, Protect Your Paycheck From State/ IRS Levy | PRLog

DWK Tax Group | Halt a IRS Wage Levy / Garnishment in 24 Hours | PRLog

DWK Tax Group | Halt a IRS Wage Levy / Garnishment in 24 Hours | PRLog

DWK Tax Group| Unengaged IRS and / or State Tax Liabilities Lead to Eventual License Suspensions | PRLog

DWK Tax Group| Unengaged IRS and / or State Tax Liabilities Lead to Eventual License Suspensions | PRLog