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By Michael S. Anderson of Anderson Tax Law logo for Arizona tax attorney Michael S. Anderson P.C.
  • I owe the IRS and am worried about an IRS Levy, how do I prevent it?

    Internal Revenue Code Section 6331 authorizes an IRS Levy.  An IRS Levy is the taking of any property or right to property that belongs to you or any property that has a federal tax lien attached to it unless that property is exempt.  Certain minimal personal property items are exempt from levy and certain types…

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  • Can the IRS Revenue Officer visit my Home?

    The IRS Revenue Officer can visit your home or place of business and in fact, the IRS encourages the Revenue Officer to pay you a visit.  If you have serious tax debt or unfiled returns…you should expect it. Background There are two types of direct “collectors” that work for the IRS. A. ACS Employees Automated…

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  • IRS Levy – IRS Froze my Bank Account – When Can I Use it Again

    A common concern once the IRS Levies or “freezes” a bank account is whether it will remain in place as to all future deposits. In other words, can the frozen account still be used to make deposits and pay bills? The good news is that the IRS Bank Account Levy only freezes the money that…

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  • BANKRUPTCY AND THE IRS COLLECTION DUE PROCESS APPEAL – The relationship is important

    Bankruptcy and the IRS Collection Due Process Appeal – The relationship is important The Bankruptcy Code and the Tax Code cross paths on a regular basis. One example of this is when a taxpayer has filed a “Collection Due Process” Appeal with the IRS and used it to eventually negotiate a payment plan. While the…

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  • IRS LEVY A CONCERN? Four steps you should always take

    IRS LEVY A CONCERN? Four steps you should always take Stephen J. Dunn at Forbes has written a short article that caught my eye about “Dealing with IRS Collection Action“. His article provides some “big picture” and makes the following suggestions that I agree with: 1. Always Open Mail From the IRS Mr. Dunn makes the…

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  • IRS LEVY – Two reasons to file the IRS Collection Due Process Appeal late

    IRS LEVY? Two reasons to file the IRS Collection Due Process Appeal late The IRS is a debt collection machine. If there were an NFL Draft for debt collection outfits, the IRS would be the first player drafted every year. Part of the reason why the IRS is so good at its job is because…

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  • BANKRUPTCY WILL STOP THE IRS LEVY

    BANKRUPTCY WILL STOP THE IRS LEVY The IRS likes to garnish paychecks and levy bank accounts and other property. This is the primary way that it pushes people into payment plans that haven’t already negotiated one or filed an offer in compromise. There are several ways to stop a levy or other collection action by…

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  • IRS LEVY: 13 Situations When the IRS Can’t or Won’t Levy your Assets or Garnish your Paycheck

    IRS tax debt will result in an IRS levy unless one of following situations exist. 1. WHEN AN IRS INSTALLMENT AGREEMENT IS IN PLACE If an IRS payment plan has been arranged or you have been able to convince the IRS to place you on non -collectible status and you are following through with the…

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  • IRS LEVY – Will The IRS Levy My Social Security Check?

    IRS Levy – Will the IRS Levy My Social Security Check? Yes. The “FPLP” or the Federal Payment Levy Program allows for Social Security Benefits paid under Title II of the Social Security Act to be “levied” by the IRS to pay a tax debt. The levy amount is limited to 15% of the total…

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  • Will bankruptcy stop IRS levy activity?

    Yes. Filing for Bankruptcy will stop the IRS levy. That’s an easy one. The bankruptcy code trumps the tax code…every time it is tried. Why? The filing of the bankruptcy case creates an “automatic stay” This automatic stay applies to ALL creditors, and this includes the IRS. The law literally places a hold on activity…

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