Topic: People First Initiative – liens and levies People First Initiative: IRS suspends certain collection actions On March 25, 2020, the IRS announced The People First Initiative to provide compliance relief to taxpayers experiencing COVID-19 related hardships. Part of that relief includes suspending most of its enforced collection actions. · The IRS will suspend the…

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If you, or someone you know, do not file tax returns because they make less than the filing threshold, they collect social security, and have dependents, they need to act by 4/22 to get their maximum economic impact payment now. If they do not, they will have to wait until after they file a 2020…

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Federal Tax Levy Collection Actions in Detail (Part IV) More examples of property the IRS can seize (“levy”) · Your federal payments. As an alternative to the levy procedure used for other payments such as dividends and promissory notes, certain federal payments may be systemically seized through the Federal Payment Levy Program in order to…

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Federal Tax Levy Collection Actions in Detail (Part III) Examples of property the IRS can seize (“levy”) · Wages, salary, or commission held by someone else. If the IRS seizes your rights to wages, salary, commissions, or similar payments that are held by someone else, they will serve a levy once, not each time you’re…

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