IRS collection actions are legal proceedings against you. - The IRS will want to know a lot of personal and financial information about you. - The first bill you get will be a notice CP 14. - If you do not respond adequately, the IRS will send gradually more hostile letters until they issue a notice of intent to levy. - You have several solutions to this problem, but each has positive and negative consequences depending on your circumstances. - Your options will change as time progresses and the rules may be applied differently. - The essential tools against the IRS are: 1. Lowering your bill with creative methods such as a penalty of avo requests. 2. Finding creative ways to pay the bill and gain future benefits. 3. Setting up an installment agreement. 4. Filing an offer and compromise. 5. Filing bankruptcy. - Each of these tactics has positive and negative consequences, and some tactics can negate or diminish the effectiveness of other tactics. - To determine the best method for you to fight the IRS, we need to devise an action plan based on your specific circumstances. - Please call our office for a confidential, tax-deductible attorney consultation.
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Irs 668-w(c)(do) Form: What You Should Know
Employees and independent contractors who receive wages from the taxpayer. The IRS uses the taxpayer's address or mailing address to begin the levy. The IRS requires an employee to file a completed and signed Form 668-W(c) if he wants to dispute the levy. An employee must also sign his or her name or initials. The IRS also asks for: — Payment of a fee (currently 75). This fee will be deducted from an employee's wage base before a levy is established, but the IRS does not levy until the fee is paid. — A signed affidavit attesting to your employees' wage base. (Employees who already reside in the United States can provide an “attorney's signature” attesting to their income. Please contact us for details on how to do this.) — A copy of the IRS Form 2106, Certification and Receipt for Wage and Salary Overpayments by Independent Contractors or the IRS Form 5406, Certification and Receipt for Wage and Tax Overpayments by Certain Nonimmigrant Workers (Form 4849 can be used); — A signed affidavit attesting to your employees' income. It is the law that employers must certify their income if a taxpayer wants the IRS to levy. Your employees have to pay you the fees you set for filing the affidavit. An employee may also use the law to obtain an extension of time to file the affidavit by paying you extra fees. The IRS must have completed all the steps by this time (e.g., paid the fees, completed the affidavit). The IRS will send you a letter with the details regarding the levy, but also asks you to attach this letter to the affidavit. This letter advises you that to avoid an IRS levy you must answer the IRS's questionnaire for Wage and Tax Overpayments and that by failing to respond you will be subject to IRS enforcement. The “Questions You Should Ask Yourself” and “Ask Questions You Can Answer” letters are required to be served upon taxpayers. These questions are used to determine whether the levy will apply. The questions are set by the IRS and the IRS will not answer questions directly. However, the questionnaire may be used for other purposes in other tax cases. The “Questions that Must be Answered” letter has the questions that employers must answer to avoid levying the employee wage levy: — Employees wage base or gross wages. — Amount of overpayments for wages paid during the preceding calendar year.
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