Can the IRS Levy Your Social Security Benefits? What Every Retiree Should Know

Can the IRS Levy Your Social Security Benefits? What Every Retiree Should Know

One of the questions I hear most often is: “I thought Social Security was protected. Can the IRS really take it?” The answer surprises many people. Yes, the IRS can levy a portion of your Social Security benefits to collect unpaid federal taxes. But that...
IRS Penalties Explained: Why Your Tax Debt Keeps Growing

IRS Penalties Explained: Why Your Tax Debt Keeps Growing

If you owe the IRS and your balance seems to be increasing every month, you’re not alone—and more importantly, it’s usually not a mistake. Many taxpayers are shocked to discover that even if they haven’t filed a new return or received a recent notice, their IRS...

The IRS Garnished My Wages? Here’s What To Do!

When a taxpayer owes income taxes to the government, one of the major tools at the disposal of the IRS are levies. Levies and seizures include taking the assets of the taxpayers. Typically, these are bank funds but could include investments, retirement funds, vehicles...