Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Tax Levies and other Tax Relief topics.
If you are a wage-earner (are an employee of someone) you may be affected by a wage levy. Another term for wage levy is wage garnishment.
This is the second most popular way for the IRS to levy your assets. They simply target your wages.
If you are self-employed and receive income from l099 various sources, the IRS can also levy notices to those businesses or individuals.
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Jennifer Mathes, Ph.D. |