Bank Levy / Wage Garnishment

If You are Facing IRS Bank Levies and/or Wage Garnishments We Can Help. Call Our Utah Tax Lawyers Today.

Bank Levies and Wage Garnishment

An IRS levy is the actual action taken by the IRS to collect taxes. For example, the IRS can issue a bank levy to obtain your cash in savings and checking accounts. The IRS can also garnish your wages or accounts receivable.

The person, company, or institution served with the levy must comply or face their own IRS problems. This person, company or institution is faced with additional paperwork in order to comply with the levy. This additional paperwork usually results in considerable strain on the relationship with the taxpayer being levied.

Levies should be avoided at all costs and are usually the result of poor or no communication with the IRS.

How a Bank Levy Works

When the IRS levies a bank account, the levy is only for the particular day the levy is received by the bank. The bank is required to remove whatever amount is available in your account that day (up to the amount of the IRS levy) and send it to the IRS within 21 days, unless notified otherwise by the IRS. This type of levy does not affect any future deposits made into your bank account, unless the IRS issues another bank account levy.

How a Wage Garnishment Works

An IRS wage garnishment is different. Wage garnishments are filed with your employer and remain in effect until the IRS notifies the employer that the wage garnishment has been released. Most wage garnishments take so much money from the taxpayer’s paycheck, the taxpayer can barely survive.

Do You Need Bank Levy / Wage Garnishment Legal Representation?

Our Bank Levy / Wage Garnishment lawyers are highly experienced and knowledgeable of Individual Taxes law in Utah and Federally. They have dealt with nearly every kind of tax situation imaginable, and they will be able to help you navigate the complex world of tax law as you try to deal with the IRS and other agencies.

best utah tax attorneys
After receiving an inheritance, I went to Michelle for tax planning help. She was able to quickly give me enough information to make decisions and move forward with a plan. She definitely knows her stuff. Her staff was very helpful as well.
James Cron
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Related Content

Our Local, State, and Federal Tax Lawyers

We are a full-service tax law firm with more than 30 years of experience helping individuals and businesses deal with all of their tax and bankruptcy issues. If you are dealing with the IRS or a State taxing authority, our tax attorneys can help you navigate the bureaucratic process, make sure that your rights as a taxpayer are protected and resolve your issues in the best manner possible.

We'll Help You Deal with the IRS

The IRS can be ruthless when it comes to dealing with those they believe have committed tax fraud or who owe them money. If you have come into conflict with the IRS, you’ll want our experienced Salt Lake tax law professionals on your side. Our tax attorneys will represent you and help your case reach the most favorable outcome.