Dec 1, 2007

Tax Debt - IRS Levy - is the IRS a “Scrooge” at the holidays?

Surprisingly, unknown to most, the IRS traditionally, around the second or third week of December has a wage levy moratorium until about the first week of January- after the holidays are over.

However, if you have a wage levy currently in place, it will stay in effect until you pay the tax or resolve your problem. Professional consultation should be sought to resolve wage levies unless you plan just to pay the tax in full and handle the IRS yourself.

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