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The Truth of the Matter is quite simple. An IRS Wage Levy is
used by IRS to get your attention when their other attempts at contact and
communication and collection have probably failed. And they certainly get your
attention.
Our policy is fairly simple ... Even if we know you will not become a paying
client, we'll give you as much time on the phone as you need. We'll answer all
your questions and even give you some good information. Just please try to keep
it under half an hour.
But be prepared... we'll ask you a lot of questions (the same
questions we ask everyone else) that will help us determine the facts that we need
to know about your precise situation.
99% of the time IRS will not be as
interested in what happened (The Past) as they are with your current situation
and your current monthly income and expenses (The Present) and how the problem
will be resolved (The Future). And there is more than one way your problem can
be resolved. In fact, there are quite a few.
Therefore, the old detailed stories about what took place years ago are almost
immaterial. You can tell us a little bit about The Past. But we prefer that you
stick to the Present. And together, we can deal with The Future.
We'll talk details and timing and numbers and dollars. We'll tell you what
we
think and what we can do and how long it will take. We'll tell you what we expect
of you and what info you must provide us. Oh.....and we'll also tell you how
much it will cost. We post our fees so you can see
them and get over the sticker shock. Shop around and see how many of our competitors post
their fees in detail like we do.
We know
this IRS Wage Levy business backwards and forwards. It's what we do and
we're good
at it.
Take away all the hype and the advertising on this site, and you will still find
what we think is the most informative Internet website regarding IRS Wage Levy
information.
IRS has some very specific requirements that must be met before they will issue
a Wage Levy Release (WLR). Unless and until these requirements are met, no WLR
will be issued. You can find a complete Checklist of all of those items in our
Downloadable IRS Levy Package.
Factors that determine the different items of information that must be provided
and how quickly we can get your WLR include:
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Unfiled tax returns
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Amount of tax owed
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Age of tax owed
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Current monthly income
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Current monthly expenses
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Bank accounts
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Pay stubs
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Verification (copies) of many expenses
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Your own commitment to provide this info ASAP
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We're not the only people who can get you a WLR. We have no special powers. We
do, however, have tremendous knowledge about this subject. And
knowledge is our (and
your) best asset and weapon. We use our knowledge of the WLR issue to your
best advantage in a manner similar to the way all IRS employees are trained to
use their knowledge of the WLR issue to their best advantage and not yours.
That's right. Surprise, surprise.
IRS uses their WLR rules and regulations to their best advantage. We
don't blame them for doing it this way and neither should you. Therefore, lack of knowledge
in this area puts you or anyone else at a distinct disadvantage. IRS knows that
most of the taxpayers who call them lack this knowledge and IRS will often use
this fact to further their advantage over people who call them. That's one of
the reasons we encourage you to educate yourself on this subject. That's also a
reason we prefer to be part of your education process in addition to serving as a
provider of a valuable professional service. We want you to know what's going on
and why it's going on. And we want you to get the best possible
outcome, too.
You can get your WLR on your own or you can find another professional to help
you. We would encourage you, however, not to use your standard income tax
preparer down the
street who is probably much better at preparing tax returns than he/she is at
dealing with the IRS in the IRS Wage Levy Release area.
In fact, we encourage you to visit other sites and educate yourself on
this subject. We're not high pressure and we won't tell you every two minutes
that you should send us some money RIGHT NOW or that we are the only ones who
can help you. Many callers tell us they got this treatment from JKH and Roni D
(who is now out of business) who advertise
heavily on cable television.
We are in a very niche business. Actually quite small. Tiny, in fact. To
begin with, very few people in this country ever experience IRS Wage Levies.
This fact limits the potential clients or customers who might do business with
us. Another limitation that separates us in the marketplace is that we prefer to
concentrate our work on IRS Wage Levy issues and not Offers in Compromise (OIC).
WLRs are faster (typically measured in days) whereas OICs take six to twelve
months. Or longer.
Partly because of this limited customer base, we really don't have a
tremendous amount of competition in this line of work. But we still have
competition. Most of our competitors are very good and very ethical. But we
personally would not recommend a few of them. Let us just say that they
advertise nationally on TV . Their sales staff are pushy and promise the moon
(i.e. "pennies on the dollar"). They also push to get your money. We have
received calls from no satisfied customers from either of these advertisers. We
also understand that their satisfied customers probably have no reason to call
us, though. But the stories are always the same. "I sent them my money and I got
absolutely nothing in return except requests for more money." So please be
careful. Call us if you want more details.
While it is quite possible to get one of those "Pennies on the Dollar" Offer
in Compromise settlements with IRS, such a negotiated agreement will take a lot
of preparation and a long time . And time is probably what you don't have. You
probably need to have your wage levy released immediately. So we recommend you
work first on the WLR and then , if possible, work on the OIC.
The main reason we say this is because if you submit an OIC while you have a
wage levy in effect, then IRS will continue to take the wage levy while they are
considering your Offer. So, you should now know that if your OIC takes six
months to a year from start to finish, then your levy will go on and on and on
for that six months to a year. Ant that levy is what you need released right
now.
That's some pretty good info about why you should get your Wage Levy Release
before you submit your Offer in Compromise.
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