Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

I recived a Levy from the IRS 668-A(ICS) they sent to my…

Customer Question
I recived a Levy...

I recived a Levy from the IRS 668-A(ICS) they sent to my bank witch had on moneys in it, but a third party vender had money owning to me and took it. How do i know if this is a one time Levy or on going?

Accountant's Assistant: Thanks. Can you give me any more details about your issue?

I owe the IRS for 941 taxes ($361,619.00) from 1999 to 2007

Submitted: 2 years ago.Category: Tax
Show More
Show Less
Ask Your Own Tax Question
Answered in 19 minutes by:
1/29/2016
Tax Professional: PDtax, Certified Public Accountant (CPA) replied 2 years ago
PDtax
PDtax, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 5,069
Experience: 35 years tax experience, including four years at a Big 4 firm.
Verified

Hi from Just Answer. I'm PDtax. I can assist.

I will ask for a small price increase to assist, as I need a bit more information to answer accurately.

Accept my Offer, and I will assist you shortly.

Ask Your Own Tax Question
Tax Professional: CGCPA, CPA replied 2 years ago
CGCPA
CGCPA, CPA
Category: Tax
Satisfied Customers: 3,820
Experience: over 40 years experience in tax matters
Verified

Each levy is, by itself, a one time hit. However, having found money the IRS will return with other levies in the future and, given the amount you purport is owed, that future will be soon and often.

Although a levy is a one time matter, a garnishment is not and this can also be employed by tax agencies. You should seriously seek professional assistance in either making a payment plan or offer in compromise. Speak with a CPA, attorney, or Enrolled Agent. Any of the three can represent you not only with the IRS but in Tax Court as well.

Ask Your Own Tax Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a tax professionalLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask CGCPA Your Own Question
CGCPA
CGCPA
CGCPA, CPA
Category: Tax
Satisfied Customers: 3,820
3,820 Satisfied Customers
Experience: over 40 years experience in tax matters

CGCPA is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Related Tax Questions
Can my tax return be re-done? I filed tax return for 2017,
Can my tax return be re-done?I filed tax return for 2017, and want it to be joint-file with my husband. but somehow it was done as I am single.… read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,283 satisfied customers
In preparation for MN income tax return, we noticed a
In preparation for MN income tax return, we noticed a discrepancy and would like to receive a transcript for the 2016 income tax return for MN. We have a POA on both spouses, thanks, … read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,283 satisfied customers
Maryland personal property tax return. Is medical billing
Maryland personal property tax return. Is medical billing software (not canned software) personal property?… read more
Alexander Efros
Alexander Efros
Masters of Business Administration (MBA)
42 satisfied customers
Amend 2016 tax return or 2017 return When filing the 2016
Amend 2016 tax return or 2017 return When filing the 2016 tax return (and previous years) I had to amortized points and fees from two refinanced mortgage loans from 2003 & 2004. Points were amortized … read more
PDtax
PDtax
Certified Public Accountant (CPA)
5,069 satisfied customers
It's not really a tax question. We've got tax return and
Hi Pearl, it's not really a tax question. We've got tax return and deposited it to the bank. Check was 11K+. this transaction didn't come to my account to help bank to trace it, I'd need to have payme… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
I sent in a connecticut residence tax return in March and
I sent in a connecticut residence tax return in March and haven't received anything yet … read more
Mark Anderson
Mark Anderson
Attorney
Doctoral Degree
10 satisfied customers
My name is **************. My Tax return was filed in very
My name is **************. My Tax return was filed in very Early March. I am expecting a Return of some $13,000. My Tax Guy says cheque was mailed on April 26th . Is that Correct ? I live in Collingwo… read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,283 satisfied customers
My tax return was sent eletronicly to our bank it was
my tax return was sent eletronicly to our bank it was checked for it to be deposited in the checking account but put the savings account number on it. the bank sent it back. when will the irs send us … read more
abci168
abci168
Principal
27 satisfied customers
Filed Tax 2014 return by April deadline this year. Return
Filed Tax 2014 return by April deadline this year. Return was sent certified. Received letter from IRS saying I did not file and assessing me large dollar amount. It was my understanding I could file … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
I just filed a client's tax return for 2014. Tax return
I just filed a client's tax return for 2014. Tax return filing was due 4/15/2015...filed 4/17/2018. - just met the 3 year filing window. If I need to amend, is there a new window of time to do this?… read more
abci168
abci168
Principal
27 satisfied customers
VA income tax return form 760, Line 16, “ Taxable Income -
VA income tax return form 760, Line 16 , “Virginia Taxable Income - Subtract Line 15 from Line 9” what are the two bubbles “DTD” and “LTD” ? Should I fill in one ?… read more
PDtax
PDtax
Certified Public Accountant (CPA)
5,069 satisfied customers
PDTax need assistance. On a 1041 there is a Decedent's
PDTax need assistance. On a 1041 there is a Decedent's Estate Created at time of death. First year of death 2016. A final 1040 return was filed for year of death 2016. There was a RVOC trust created i… read more
Dr Arthur Rubin
Dr Arthur Rubin
Doctoral Degree
24 satisfied customers
Tax Question: Doing amended returns, is it better to do form
Tax Question: Doing amended returns, is it better to do form 1045? How does that work? There's an NOL from 2017 that needs to be applied to 2015. What are the advantages and disadvantages.… read more
PDtax
PDtax
Certified Public Accountant (CPA)
5,069 satisfied customers
My MO income tax return was returned to me that I was not
My MO income tax return was returned to me that I was not getting any return I fax them my 1099 and a copy of the rent I paid in 2017 I am 68 years old could you check and see if that was received ant… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Tax If the IRS rejects a tax return, does this affect the
Tax If the IRS rejects a tax return, does this affect the statue of limitations? For example if a 2014 return was submitted before the deadline of the 3 year statute and the IRS rejects the return, ca… read more
Barbara
Barbara
Enrolled Agent, Paralegal
5,283 satisfied customers
When filing a final partnership tax return does it matter if
When filing a final partnership tax return does it matter if the ending equity balance of each individual partner is not zero? Basically they total 0 when combined but some partners are positive and o… read more
PDtax
PDtax
Certified Public Accountant (CPA)
5,069 satisfied customers
Sure. I'm filing a final tax return for an Scorp with a
Sure. I'm filing a final tax return for an Scorp with a negative SCH M-2 or AAA... There were no distributions taken out ever, The Scorp was not profitable. The Shareholders' have paid in capital with… read more
PDtax
PDtax
Certified Public Accountant (CPA)
5,069 satisfied customers
For PDtax only. I just googled new tax law changes. I am a
ForCustomeronly. I just googled new tax law changes. I am a real estate investor. Landlord for rentals and also flip some houses. One of the changes I read said "Carried Interest The final bill includ… read more
PDtax
PDtax
Certified Public Accountant (CPA)
5,069 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x