How to Get the IRS to Release Your Bank Levy & Wage Garnishment For Back Taxes Owed

Tori D. from San Diego wrote me a case where it is garnished at work, and it’s only made them a few hundred dollars a month to live on.

http://www.irsrelief.pannipa.com/2009/11/02/how-to-get-the-irs-to-release-your-bank-levy-wage-garnishment-for-back-taxes-owed/

OUCH! This is one of the worst things that can happen if you owe the IRS back taxes. Many of the taxpayers, I usually create a false sense of security when it comes to the IRS, because they “think hey, I own nothing, so they have not hit anything. I’m sure.” This is an illusion.

You see,while the IRS certainly does not have the power to take your car or house, they do not like to do it. It’s too much work. The investment is a nightmare of paperwork for the agents, they have to go through with the seizure, and then the auction, and then nobody pays full market value for all in one IRS auction, so they end up with much less money. Often it is not worth it for the agent.

But you do not need to auction off cash. And cash usually comesbank accounts and receive their reward. That is where some people make a mistake. If you have a job, or even for a subcontractor, the IRS (and usually) will take your money. And yes, they will do it, even if it leaves nothing to live off of.

So, if this happens, how can the tax collected?

SOLUTION: First, you must ensure that all of your tax returns (Forms 1040) filed with the IRS. The IRS can not set aside by law, if a levyare the missing returns. It’s okay if you owe for the missing year. You do not have to pay them. . . receive only brought them.

First, it depends whether you owe more or less than $ 25,000. If less, until a Streamlined Installment Agreement set.

If you owe more than $ 25,000, then it becomes much more complicated. They must go through the full disclosure of finances and to prove to the IRS (1) that the levy is creating an undue financial burden, and (2) that you can afford either to paynothing now, or you can pay a reduced monthly amount.

http://www.irsrelief.pannipa.com/2009/11/02/how-to-get-the-irs-to-release-your-bank-levy-wage-garnishment-for-back-taxes-owed/

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Tough People Are Like Taxes – They Aren’t Going to Yield to Anything

There sure has been a lot of political discussion about taxes in the United States ever since President Barack Obama was elected, and indeed there is a good reason for it too. You see, when a president has high approval ratings, a lot of power and his political party controls both houses, they can push through just about anything, so when the president has stated that he wants universal health care, or rather health insurance for everybody, anyone that knows anything about public policy, taxation and government knows those are code words for increased taxes.

Now the president has promised that we will not raise taxes, well, maybe a little bit he said, so everyone can have health care insurance. But that’s not how things work in the real world. With the government and its programs they spend 45% of all the money they spend in administration of those programs. So therefore, it automatically costs 45% more than they had bargained for, or that their strategic plan reveals on the onset.

Additionally, if everyone has health care insurance, then everyone is going to use more medical services more. In fact, one research study shows that people will use medical services five times as much if they have full coverage. This means we are going to have a supply and demand problem with healthcare services in America and there will be shortages, there is already a shortage of nurses and now there will be a shortage of doctors, hospitals, elder care facilities, and just about everything that has to do with the medical industry.

Now, this is an incredible gift to the medical industry, the hospitals, the HMOs, pharmaceutical industry, and anyone else involved in healthcare, or anyone that makes medical equipment. But with all these gifts going to the medical industry, that also means higher taxes for all of us. How high you ask?

The sky is the limit and the government has the power to take as much as they need to administer the laws and promises they’ve made. Thomas Jefferson once had an interesting quote and I want you to memorize this; “Any Government Big Enough to Give You Everything You Want, Is Also Big Enough to Take Everything That You Have.”

Now, I’m not sure how much credibility you put in Thomas Jefferson, but he was a studier of governments in history and if we don’t listen to his words of wisdom we are doomed to repeat the history and failures of socialism, and quite frankly that’s just a shame for such a proud and noble nation as the United States of America. Please consider all this.

Lance Winslow is a retired franchisor – Lance Winslow’s Bio. Lance Winslow is formerly the CEO of WashGuys family of franchises for instance one of Lance Winslow’s favorite companies on the team; http://www.windowwashguys.com/links.shtml.

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If You Need Money to Fight a War Then Lower Taxes and You’ll Have It

Many government leaders believe that if you have to fight a war you are going to have to raise taxes and print money to do it. However, this is the wrong approach. If you lower taxes and you get the economy screaming along there will actually be greater economies of scale and more left over to build your war machine and pay for it. One can only ask why anyone who is an economist or a free-market thinker wouldn’t see this.

Perhaps, the Socialist Democrats wish to raise taxes and destroy the economy, so there are no economies of scale left, thus, nothing left over for the war machine, and therefore no war can be fought. Unfortunately, no war can be won either, and that means if your enemy attacks you at a time when you are in a state of economic decay you will not be able to fight them and win. Thus, all you have done is surrendered your civilization to a hostile force because you destroyed your own economy.

Indeed, was in it Sun Tzu, who talked about letting the enemy destroy himself from within, and avoiding those wars that you cannot win, and fighting the battles that you can? Is the United States of America setting itself up for a major military defeat that would be unheard of? One, which will put us in economic slavery, and find us being invaded by another force. Currently, we are not defending against such a challenge in the future and we are doing everything in the present to prevent ourselves from having the resources to strengthen our defense. This is a mistake.

Obviously, the wiser thing to do is to lower taxes and reduce regulation on small businesses, regain full employment and have the economies of scale to strengthen our military to fight both future wars and defend ourselves. Please consider this.

Lance Winslow – Lance Winslow’s Bio Lance Winslow is also Founder of the Car Wash Guys, a cool little Franchise Company; http://www.carwashguys.com/history/founder.html

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