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...

The IRS Announces: Enforcement Resumes 2024

The IRS has put collections on hold over the past few years.  Due to a combination of a budget that’s been slashed over the past 10 years as well as the challenges of COVID, the IRS had ceased taking aggressive actions against most taxpayers since 2020.  But...