Levy & Wage Garnishments:

If Internal Revenue Service or State tax debts are not attended to for any length of time, the taxing authorities will have the power to take matters into their own hands. Typically, this will come in the form of:

• Bank Levies
• Wage Garnishments
• Levies against Accounts Receivable (typically for the Self Employed)
• Garnishments against Social Security or Retirment Payments
• Application of State and Federal Tax Refunds to the debts
• Levy of Federal or State payments due to the taxpayers
• Seizure of physical assets

If you have been subject to, or are currently in the process of being levied, garnished, or seized, it is not too late to take action and correct the problem.

First, it is always easier to prevent the Internal Revenue Service and State taxing authorities from taking aggressive collection actions before any damage is done. If you have received notices or verbal threats indicating that the taxing authorities are ready to proceed with this type of action, it is in your best interest to be proactive, and prevent this from happening.

Unfortunately, it isn’t always possible to see enforced collection activity before it happens, and it may not always be realistic to meet the demands or timelines laid out for you by a collections agent. When a levy or garnishment is received, immediate action must be taken, and Aspen Accounting & Financial Services has the largest selection of available tools to help correct your tax problems and prevent future levies from occurring.

As a full-service accounting firm, we provide all of the leverage needed to reduce or eliminate existing wage garnishments and release levies on bank accounts and business accounts receivable. Other tax resolution firms often lack the accounting expertise to help you through a levy, as they may not have return preparers or accounting staff to help file all your back tax returns and set the stage for a levy release. Accounting firms, on the other hand, may not have the negotiating expertise to have levies removed promptly. By combining both aspects into one solution, we can expedite the release of your monies, and have them returned to you more quickly, and with less hassle.

We’ve dealt with every type of Revenue Officer and collection agent, and our experience assures that we can pacify even the most intimidating government officials. We know how to escalate your case to IRS management or even to appeals if necessary to ensure your belongings are protected. Don’t let your business or personal finances be crippled by levies and garnishments. It’s never too late to "Turn Over a New Leaf" when dealing with your tax situation. Don’t let a levy or garnishment turn into asset seizures and padlocks: contact Aspen Accounting & Financial Services today to resolve this matter, and turn over a new leaf.