Owe back taxes and received an IRS levy? Learn how IRS bank levies and wage garnishments work, what options may be available, and how to stop IRS collection actions.
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Owe back taxes and received an IRS levy? Learn how IRS bank levies and wage garnishments work, what options may be available, and how to stop IRS collection actions.
The U.S. Supreme Court has granted the IRS the authority to access bank records without notifying the taxpayer or their associates or joint holders. In Polselli v. IRS the Supreme Court’s unanimous decision affirmed the IRS’s power to secretly probe financial records. This ruling means that the IRS can investigate a taxpayer’s financial records, including … Continued