An IRS Wage Levy Release is not easy to obtain!  By the time the government actually starts to garnish your wages you have already been alerted to your delinquent tax status a few times! The IRS is very diligent in not only notifying you of delinquent taxes but also in using methods to collect those monies owed.

Ideally, you want to contact the IRS as soon as you realize that your tax debt will not be paid in full on time.  If you contact them immediately you can work out arrangements and they are much more willing to work with you because you are being proactive.  However, if you ignore the debt until such time as the IRS has decided to begin collection efforts, getting an IRS Wage Levy Release can be much more difficult.

Basically an IRS Wage Levy is when the IRS begins to literally take a portion of your paycheck on each and every payday.  They can continue to take this money until your delinquent tax debt is paid in full.  Be aware that penalties and interest are included in the total, so the amount you owe will be substantially higher than your original tax burden.

There are a few options available to you if you are seeking to get an IRS Wage Levy Release.  They include but are not limited to:

• Paying your total balance due to the IRS.  Once paid in full the levy will be released.
• Contacting the IRS and establishing a mutually agreed upon monthly payment arrangement.  NOTE: this is not as easy to accomplish once an IRS Wage Levy has been implemented!
• Offer in Compromise: This is a very difficult option to get approved by the IRS.  It requires that you prove that you are unable to pay the total amount owing, and will not be able to in the foreseeable future either!  This includes detailing each and every asset and proving that by selling everything you own, you still wouldn’t be able to pay the debt.  These offers are rarely approved and truly do require the assistance of a tax professional!

Getting an IRS Wage Levy Release is complicated and unless you are very well educated in current tax laws, should require the assistance of a qualified tax professional.  They will be able to assist you in exploring all possible options available to your specific circumstances.  They can also represent you to the IRS.  Many people find great solace in knowing that a professional is dealing with the IRS and their best interests are being considered.

Obviously it is much better to communicate with the IRS long before you are forced to deal with obtaining an IRS Wage Levy Release!  If you fail to contact the IRS as soon as you realize that you are going to be delinquent, at the very least make sure you contact them when you receive your very first notice!  The IRS does send Deficiency notices alerting you to the amount that you owe and that is considered delinquent.  You need to act swiftly and take the notice very seriously!