IRS Tax Attorney Atlanta
The Ansari Tax Law Firm is comprised of attorneys of counsel with strong accounting backgrounds, Masters in Tax Law, and a dedicated focus to structure our clients’ tax transactions.
Tax Audits
The firm handles matters from the receipt of an initial audit notice through litigation. We have the know-how to not only do a detailed review of your records with the eyes of a CPA but also to aggressively argue on your behalf as an attorney in front of the U.S. Tax Court, IRS, and Georgia Department of Revenue.
Our firm has successfully handled Tax Controversy Matters for clients ranging from small, one-owner businesses to global, publicly traded companies and every size in between. By choosing the Ansari Tax Law Firm to represent your company (or your client’s company) in audit, tax, or criminal disputes, you can rest assured that you have made the right choice.
IRS Wage Levies
Once the IRS sends you an “intent to levy” notice, they will contact your employer and begin to levy your wages.
At our law firm, we specialize in bringing our clients to a 100% compliance level with the IRS. That is the first step in getting rid of your wage levy. Once that problem is solved, we negotiate a payment plan on your behalf.
Asset Seizures and Wage Garnishments
When the IRS has tried to collect back taxes unsuccessfully, they will begin to seize assets. By not opening letters or returning phone calls, they will take the next step. This process is called a “levy.” When they attach wages, it’s called a wage garnishment.
Wage garnishment (officially called a Wage Levy) can be the most stressful and humiliating of all collection tactics. The IRS does this to force taxpayers into compliance. Almost nothing is worse than having your wages garnished by an IRS wage garnishment.
By contacting Michigan IRS tax relief attorney Ansari, we can work towards preventing or stopping wage garnishment.
When the IRS files a wage garnishment, the taxpayer’s employer must:
Wage garnishments remain in effect until the taxpayer’s IRS back taxes are paid in full or a formal release is negotiated with the IRS.
Factors that affect how much the IRS can withhold include:
Marital status
Number of dependents
Help Stopping Wage Garnishment by the IRS
Our office realizes that the loss of income can be destructive and devastating to individuals and families.
Immediately upon retention, we:
Start negotiations with the IRS for a release
In most cases, get wage garnishments stopped on our first contact with the IRS
If not, determine what is required to end the wage garnishment
In most instances, secure releases before our client’s next paycheck
Interest Rate on IRS Tax Debt
Is there an interest rate on IRS tax debt?
The answer: The interest rate is the federal short-term rate plus 3%. The federal short-term rate is determined every three months.
If you are on an IRS payment plan/installment agreement, then this issue most likely pertains to you.
At present:
Example:
If you owe the IRS $60,000.00, then you would pay an additional $5,345.00 in interest (assuming the interest rates in the paragraph above did not change).
Note:
In addition, a 5% interest penalty will accrue on your balance throughout the payment plan.
Frequently Asked Questions
What does an IRS tax attorney in Atlanta do?
An IRS tax attorney in Atlanta specializes in representing individuals and businesses during IRS audits, tax disputes, and collection actions. At the Ansari Tax Law Firm, attorneys combine legal expertise with accounting knowledge to structure tax transactions and defend clients before tax authorities.
How can an IRS tax attorney help with wage levies?
An IRS tax attorney helps stop wage levies by bringing the taxpayer into compliance with IRS requirements and negotiating a payment plan. The Ansari Firm often resolves wage garnishments promptly, sometimes even before the client’s next paycheck.
What is the difference between a tax levy and wage garnishment?
A tax levy is the IRS’s legal seizure of property to satisfy a tax debt, which may include bank accounts or assets. Wage garnishment (a type of levy) involves the IRS contacting an employer to deduct a portion of a taxpayer’s paycheck and send it directly to the IRS.
How much of my paycheck can the IRS legally take?
The IRS can garnish up to 100% of 1099 (independent contractor) income and typically up to 82% of W-2 wages. The amount withheld depends on factors such as marital status and number of dependents.
What is the interest rate on IRS tax debt?
The IRS interest rate on tax debt is the federal short-term rate plus 3%. For example, with a federal short-term rate of 0.41%, the total interest rate would be 3.41%. This rate may be compounded by additional penalties depending on the circumstances.
