Tax

Have a Tax Question? Ask a Tax Expert

Ask an Expert,
Get an Answer ASAP!

Tax

The last question was can the IRS take all my earnings once

Customer Question
I work in New York...
the last question was can the IRS take all my earnings once I work in New York. In other words can I find myself being unable to pay for my rent and expenses because the Irs decided to take money from my bank account ?
Finally I would be happy to know what other relief are there. Thank you in advance.
Submitted: 10 months ago.Category: Tax
Show More
Show Less
Ask Your Own Tax Question
Answered in 3 minutes by:
1/6/2017
Tax Professional: Mark Taylor, Certified Public Accountant (CPA) replied 10 months ago
Mark Taylor
Mark Taylor, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 2,325
Experience: Certified Public Accountant
Verified

Hi, my name is Mark. I will be happy to help you with your questions. IT is possible for the IRS to levy an individual's bank account. The IRS would send letters and notices prior to this action. You would have warning before this action is taken.

Ask Your Own Tax Question
Ask Wallstreet Esq. Your Own Question
Wallstreet Esq.
Wallstreet Esq.
Wallstreet Esq., Tax Attorney
Category: Tax
Satisfied Customers: 586
586 Satisfied Customers
Experience: 10 years experience

Wallstreet Esq. 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
On october 30th I mailed form dt individual to the IRS in
on october 30th I mailed form dt individual to the IRS in Connecticut Certified mail showed it had been delivered on Nov 2 I have heard nothing … read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Can I as an individual appeal a lock in letter or do I have
Can I as an individual appeal a lock in letter or do I have to have an attorney? … read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
A foreign individual is a member of a US LLC. Are there any
A foreign individual is a member of a US LLC. Are there any extra requirements for filing when it comes to the partnership return?… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,458 satisfied customers
Can individual file a 2nd 9465? The original 9465 had a
Can individual file a 2nd 9465? The original 9465 had a balance due of $3100.after I had attached a ck for $2000.. IRS came back and said EIC wasn't a good claim so now you owe $7800.00 +. So I need a… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
If an individual has 2 separate S Corp's and wanted to
If an individual has 2 separate S Corp's and wanted to transfer money from one to the other using the funds withdrawn from their joint line of credit, would it be more beneficial to write a check from… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Can individual take residential rental property losses on
Can individual take residential rental property losses on their tax returns … read more
abci168
abci168
Principal
27 satisfied customers
An individual will own a new solar panel installation in a
An individual will own a new solar panel installation in a single member LLC disregarded entity at a market price. He will take 30% ITC and MACRs depreciation. The capital structure will be 35% cash a… read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
What is the amount an individual earns to begin paying
What is the amount an individual earns to begin paying income tax. … read more
Chad CFP ®
Chad CFP ®
Certified Financial Planner(R), Pro
Master\u0027s Degree
723 satisfied customers
Adjusted individual tax return for 2014(Iowa),says no
Adjusted individual tax return for 2014(Iowa),says no response to letter of inquiry,disallowed health insurance. deduction.says my wife and I owe$600.00.she called # and was told to show proof of insu… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I won a house in joint tenancy with another individual. We
I won a house in joint tenancy with another individual. We are selling it. It has been my primary residence for the last 10 years. It has not been the other joint tenant's primary residence for the la… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,458 satisfied customers
When an individual needs to have his mail sent in care of
When an individual needs to have his mail sent in care of someone else. What address can he use for the IRS. In care of % or this symbol. … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,695 satisfied customers
I will pay for answer. If I, as an individual, pays another
If I, as an individual, pays another individual for a service, house keeper, private dance instructor, etc. do I need to report such to IRS? If so, on what form? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
13,695 satisfied customers
IRS - If an individual raises money through Go Fund Me and
IRS - If an individual raises money through Go Fund Me and has it contributed directly to the company that he is majority shareholder of, what are the tax implications? The amount exceeds $500,000.… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
A foreign individual working under OPT status for a hospital
A foreign individual working under OPT status for a hospital as an independent contractor. I understand the hospital does not withhold FICA and Medicare, but what about income tax? The individual is n… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
An individual hired a contractor to construct a private
an individual hired a contractor to construct a private residence. Before the construction was completed, the contractor became bankrupt and the individual lost about $60,000 for work that had been pa… read more
abci168
abci168
Principal
27 satisfied customers
Applying for IRS Individual Taxpayer Identification Number,
Applying for IRS Individual Taxpayer Identification Number, the website states that I need to attach a valid federal income tax return, unless qualified as an exception, and include your original proo… read more
Phillips Esq.
Phillips Esq.
Attorney
Juris Doctor
17,966 satisfied customers
How much would it cost me to get my irs individual master
How much would it cost me to get my irs individual master file … read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
Irs Taxes If an individual withdraws from a 401K for medical
Irs TaxesIf an individual withdraws from a 401K for medical emergency surgery, will they have to pay the 10% penalty tax? What about to pay for a new home?… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 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