Levies and Garnishments
If the Department of Revenue serves a Notice of Levy upon your financial institution, the financial institution may be required to remit the funds in your account to the Department of Revenue. This may last up to 60 days.
The items seized by the IRS and the Department of Revenue can be sold to pay down your tax debt. Not all of your possessions are subject to levy by the IRS and the Department of Revenue.
The taxpayer owed several hundred thousand dollars to the IRS and the IRS issued a wage levy to the taxpayer’s employer. Accordingly, a significant amount of the taxpayer’s weekly paycheck was sent directly to the IRS leaving her with very little to support herself. She felt overwhelmed by the situation and the wage levy remained in effect for numerous years. Attorney Gregory Dzialo obtained the release of the wage levy, helped her reduce the balance due and negotiated an installment agreement with the IRS. Now the taxpayer is able to retain a more sizeable portion of her paychecks.