Tax

Have a Tax Question? Ask a Tax Expert

Ask an Expert,
Get an Answer ASAP!

Tax

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

Customer Question
bank witch had on moneys...
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?
JA: Thanks. Can you give me any more details about your issue?
Customer: I owe the IRS for 941 taxes ($361,619.00) from 1999 to 2007
JA: OK got it. Last thing — Tax Professionals generally expect a deposit of about $32 to help with your type of question (you only pay if satisfied). Now I'm going to take you to a page to place a secure deposit with JustAnswer. Don't worry, this chat is saved. After that, we will finish helping you.
Submitted: 1 year 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 1 year ago
PDtax
PDtax, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 4,712
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 1 year 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
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

1,300 satisfied customers

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

Richard

Richard

Tax Attorney

4,310 satisfied customers

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

Robin D.

Robin D.

Senior Tax Advisor 4

13,695 satisfied customers

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

Megan C

Megan C

Certified Public Accountant (CPA)

8,651 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.

R. Klein, EA

R. Klein, EA

Enrolled Agent

1,839 satisfied customers

Over 20 Years experience

< Previous | Next >

Related Tax Questions
Tax return garnished for restitution, does that mean it goes
tax return garnished for restitution, does that mean it goes against my monthly payment so I reduced the garnished amount I pay each month? … read more
Fred Rook
Fred Rook
Corporate Controller
BSBA
32 satisfied customers
This is an IRS tax questions... I have a customer I'm
This is an IRS tax questions... I have a customer I'm working with on an IRS tax debt. The debt only exist because the W2 updates were not filed in a timely manner for a medicare correction to the 941… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,473 satisfied customers
IRS Experts Corporation changed name. 2016 tax return has
IRS ExpertsCorporation changed name. 2016 tax return has been filed with a new name. Taxpayer recently received notice which has old name. How do we change the name with IRS?… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,473 satisfied customers
When bank refinance do they verify tax returns with IRS?
When bank refinance do they verify tax returns with IRS? Because I did the refinance and bank didn't ask me for transcript signature, or Can they do it without my authorization ?… read more
Chad CFP ®
Chad CFP ®
Certified Financial Planner(R), Pro
Master\u0027s Degree
734 satisfied customers
Received notice from IRS. On my tax return missed to check
Received notice from IRS. On my tax return missed to check health care coverage for year 2014, 2015 and 2016, Do I have to file Form 1040 X for each year or can I do all three on one by checking these… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,695 satisfied customers
IRS 2015 Fed tax is claiming i needed to claim $6000.00 took
IRS 2015 Fed tax is claiming i needed to claim $6000.00 took from a Fidelity Roth IRA on 11/20/2015. i put $6500.00 cash into the same Roth IRA on 10/6/2015 should i have claimed the $6000.00? … read more
PDtax
PDtax
Certified Public Accountant (CPA)
4,712 satisfied customers
I have a letter from the IRS about my 2015 tax return which
I have a letter from the IRS about my 2015 tax return which i filed using your software. it indicates that i did not report a refund from my MIssouri state taxes of $1,815.Yet on the mini-worksheet fo… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,473 satisfied customers
Can a C-Corp file a "final" return with the IRS if there are
Can a C-Corp file a "final" return with the IRS if there are no longer any business operations, but the company bank accounts remain open?… read more
taxmanrog
taxmanrog
Master\u0027s Degree
698 satisfied customers
PDtax ONLY PART TWO 2. I want to become an independent
CustomerONLYPART TWO 2. I want to become an independent contractor for another company and they require that I have an EIN, so I need a separate one and CAN I get a new one or can I use the EIN I set … read more
PDtax
PDtax
Certified Public Accountant (CPA)
4,712 satisfied customers
1045 and an amended tax return. 2015 tax return had a $ 248K
1045 and an amended tax return.2015 tax return had a $ 248K NOL. I prepared the 2015 tax return and a 1045 to carryback the loss back two years. All of the loss was used up on the 1045.In preparing th… read more
PDtax
PDtax
Certified Public Accountant (CPA)
4,712 satisfied customers
I filed my IRS return in July instead of April (and paid the
I filed my IRS return in July instead of April (and paid the tax amount in full, that I owed). Then I got a letter with ‘failure-to-file for filing my return late' of 5% of the late paid taxes for 3 m… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Last information requested from PDtax and M.. This is a very
Last information requested from PDtax and M. Taylor. This is a very similar problem I had in 2015. I am overlooking an item. The revenue just keeps increasing and partnership taxpayers (2) have not wi… read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,220 satisfied customers
I have a cleint who i did a tax return for that the IRS
I have a cleint who i did a tax return for that the IRS rejected e-file as someone else took the dependent; The child in question lives with tax payer. The IRS direction on reject basically said check… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,695 satisfied customers
My 2016 tax return was denied electronially by the IRS. The
My 2016 tax return was denied electronially by the IRS. The social security number for the child I listed as a dependant had alredy been used by another party. I was instructed to send in a paper return and wait for notification. … read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Tax question. Does the IRS keep copies of the tax returns
Tax question. Does the IRS keep copies of the tax returns from 2014?. They are claiming I did not report my Soc Sec income then and they refused to accept the amended return my tax woman filed. Now I … read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
I filed my IRS taxes on 2/10/17 and expected a return of
I filed my IRS taxes on 2/10/17 and expected a return of $2204.00 which I have not yet received and can not find out why. … read more
Chad CFP ®
Chad CFP ®
Certified Financial Planner(R), Pro
Master\u0027s Degree
734 satisfied customers
Transcript on line? How? I need a an IRS TAX RETURN
I need a an IRS TAX RETURN TRANSCRIPT for my daughters college. … read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
I tried to file a electronic return to the IRS and was
I tried to file a electronic return to the IRS and was rejected for an erroneous error. I subsequently mailed my return. I had received notice from Taxact that a direct withdrawal of the balance due w… read more
PDtax
PDtax
Certified Public Accountant (CPA)
4,712 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