The Short Answer: Yes The IRS has the legal authority to garnish wages if you owe back taxes. This is called a wage levy, and it allows..
The Short Answer: Yes The IRS has the legal authority to garnish wages if you owe back taxes. This is called a wage levy, and it allows..
Few IRS actions create more panic than a bank levy. One day your account looks normal, the next it’s frozen. The IRS can direct your bank to..
IRS Seizure Authority Explained When taxpayers fall behind on their federal tax obligations, the IRS has powerful tools to collect. One of the most serious is the..
The Short Answer: Yes, But It’s Rare The IRS does have the authority to seize property — including homes and vehicles — when back taxes go unpaid. ..
The Short Answer: Yes, With Limits The IRS can levy Social Security benefits if you owe back taxes. However, the garnishment is capped at 15% of your..