Navigate IRS Liens, Levies, and Garnishments Effectively
Steve Perry- IRS collection actions include liens, levies, and wage garnishments, each with distinct impacts on taxpayers' assets and income. - A lien is a legal claim on property to secure tax debt but does not mean immediate seizure; ignoring it can escalate collection efforts. - A levy enables the IRS to seize assets or garnish wages after multiple warnings, with taxpayers having 30 days to appeal. - Wage garnishments deduct part of wages directly, often causing financial hardship, and continue until the debt is settled or released. - Enrolled agents help protect taxpayer rights, negotiate relief options like installment agreements, currently not collectible status, or offers in compromise. - They can stop or pause aggressive collection actions, file appeals, and manage IRS communications to reduce stress and prevent costly errors. - Facing IRS collections is challenging, but professional representation from Books, Taxes & More provides effective strategies and support for financial recovery.