In addition to wage garnishments, both the State and the IRS may levy other sources of income payable to you. Examples of other IRS levy sources include commissions, sub-contractor fees, and accounts receivable for self-employed individuals; bank and brokerage accounts (see IRS Bank Levies), life insurance or endowment contracts; and in certain situations, retirement benefit payments including Social Security Retirement benefits, Medicare payments and Veteran's Pension benefits.
If you need assistance with a levy notice or levy release, please contact us at (800) 619-8277 to schedule a free consultation.
< Back to IRS Levies