Title: IRS Form 668W: The Wage Levy That Can Leave You Penniless

Steve Perry

Published on: 14/07/2025

Receiving IRS Form 668W is a financial emergency. This notice authorizes the IRS to garnish wages directly from your paycheck — and they will continue to do so until your tax debt is fully paid. Unlike a one-time bank levy, this is ongoing and can drain your income, leaving only a minimal exempt amount. Most people discover this when their pay suddenly disappears, and essential expenses like rent, food, and childcare become unmanageable. Steve Perry, EA, a licensed Enrolled Agent based in Atlanta, specializes in stopping wage levies and restoring financial stability. With years of experience, he acts quickly to communicate with the IRS, negotiate relief, and create customized resolution plans. Time is critical — ignoring the levy will only deepen the damage. Contact Steve today to protect your income and regain control. Call (678) 717-9818, email [email protected], or message him on LinkedIn.

Tax education articles and IRS representation advice for individuals and small businesses

Understanding IRS Form 668-A and How Steve Perry, EA Can Help Protect Your Assets

Steve Perry

Published on: 11/07/2025

IRS Form 668-A, known as the Notice of Levy, allows the IRS to seize a taxpayer’s wages or bank accounts due to unpaid tax debt. This action is serious, signaling that previous warnings have been ignored and enforcement has begun. A levy can cause significant financial disruption, especially if funds are frozen or wages are garnished. Immediate action is crucial to minimize damage or pursue a release. Steve Perry, EA at Books Taxes and More, is a licensed Enrolled Agent who helps clients resolve such situations. He reviews each case, contacts the IRS directly, and negotiates relief strategies like installment agreements, Offers in Compromise, or hardship status. Steve ensures clients understand their rights and options, providing expert representation to protect assets and resolve debts effectively. If you've received Form 668-A, don’t delay. Contact Steve Perry for a confidential consultation and regain financial control. Fast, informed action can make a significant difference in the outcome.

Tax education articles and IRS representation advice for individuals and small businesses

What the One Big Beautiful Bill Means for Business Taxes and How Steve Perry, EA Can Help

Steve Perry

Published on: 09/07/2025

The One Big Beautiful Bill signed by President Trump in July 2025 introduces important tax changes for businesses of all sizes. It increases the deduction for pass-through business income from 20 percent to 23 percent through 2028, offering significant savings for sole proprietors, partnerships, and S corporations. The bill also restores full expensing for research and development costs, allowing businesses to deduct those expenses immediately rather than over time. A new bonus depreciation rule enables faster write-offs for equipment and production property. International business rules have also been adjusted to simplify reporting and reduce tax burdens for companies operating globally. These changes offer new opportunities but also add complexity to tax compliance. Steve Perry, EA at Books Taxes and More helps business owners understand and apply the new rules to their advantage. With expert tax planning and representation, Steve ensures businesses remain compliant while maximizing their tax savings. Contact him today for personalized guidance.

Tax education articles and IRS representation advice for individuals and small businesses

Navigating IRS Offer in Compromise for Tax Relief

Steve Perry

Published on: 08/07/2025

- The IRS Offer in Compromise (OIC) allows taxpayers overwhelmed by tax debt to settle for less than owed based on their financial hardship. - Acceptance depends on the IRS’s evaluation of income, expenses, assets, and reasonable collection potential. - Not all taxpayers qualify; professional assessment by experts like Enrolled Agent (EA) Steve Perry prevents wasted applications and delays. - Preparing an OIC requires precise completion of Form 656 and Form 433-A(OIC) with accurate financial disclosure to avoid rejection or delay. - Experienced representation helps negotiate with the IRS, respond to counteroffers, and handle appeals if necessary. - Common taxpayer errors include miscalculating payment ability, improper asset accounting, and failing tax compliance; professional guidance addresses these issues. - Steve Perry, EA from Books, Taxes & More provides expertise in navigating the complex OIC process, improving chances of a successful tax debt settlement.

Tax education articles and IRS representation advice for individuals and small businesses