Irs Levy Case Studies

rnishmentsand unfiled tax returns. The IRS had filed SFR returns
Glen H. (Philadelphia, PA)for him. ITS was able to negotiate an Installment
His Social Security payments were being garnished.Agreement for Joseph with his Revenue Officer and
Instant Tax Solutions (ITS) was able to have theget his levy leased before his next paycheck. ITS later
garnishment released by qualifying his IRS account tofiled original returns for 2 of the tax years, reducing his
be placed in a Currently Non-Collectible status.tax liability by approximately $90,000.
Subsequently, ITS submitted an Offer in CompromiseBank Account Levies
for Glen and settled his $40,700 tax debt for $1,000.Bryan H. (Wichita, KS)
Robert R. (Lynn, MA)His father's checking and savings accounts were
As a 1099 subcontractor, 1099 invoices due him hadlevied for $4,000 due to Bryan's outstanding tax liability.
been frozen. ITS was able to prove to the IRS that hisITS was able to prove that Bryan was an authorized
monthly expenses exceeded his monthly income. Thesigner only on these accounts and the funds did not
levy was released enabling him to pay his current livingbelong to him. As a result, the IRS released the bank
expenses. Robert is currently pursuing an Offer inlevy. ITS then submitted a request for Offer in
Compromise with ITS representation.Compromise that is pending IRS acceptance.
Barbara D. (Virginia Beach, VA)Robert S. (Pleasantville, NY)
Barbara is a government employee. Her governmentThe IRS levied his checking account for $8,600. ITS
wages were being garnished for 15% of her paycheckwas able to obtain a partial release of $4,000 to
through the Federal Payment Levy Program. ITSenable him to pay his immediate living expenses. ITS
negotiated with the IRS to set up an Installmentthen set up an Installment Agreement for Robert with
Agreement for her and release the garnishment. Itthe IRS to pay off the remaining tax liability.
took several weeks of wading through governmentMarissa L. (Las Vegas, NV)
red tape before the garnishment was lifted.Her bank accounts were levied for $4,100. ITS
John S. (Abbottstown, PA)obtained a release of the levy by submitting a promise
John is a subcontractor for a large home improvementfrom Barbara to pay the account off in 60 days. She
chain, installing carpet. Previous to retaining ITSwas unable to meet the 60-day deadline. ITS was able
services, John had his 1099 invoices garnishedto prevent another levy by negotiating with the IRS to
repetitively. ITS was able to work with his payrollset up an Installment Agreement that was affordable
department educating them that a 1099 garnishment isfor her.
a one-time levy against the current unpaid invoice only.Dave N. (Burbank, CA)
As a result, future 1099 invoices were not affected.Two of his personal bank accounts were levied for
ITS then assisted John by setting up an Installment$4,200. ITS was able to get a full release by proving
Agreement and removing $7,300 in penalties from hisDave needed the money to meet his payroll
tax liability.obligations. ITS then set up an Installment agreement
Joseph H. (Longview, WA)for Dave.
Joseph owed over $100,000 due to a failed business