The IRS can and will seize, levy or garnish your Social Security Retirement benefit. . If your monthly benefit is more than $750, the Internal Revenue Service may garnish 15% of your monthly benefit for taxes that are at least six months in arrears. (This doesn’t apply to certain Social Security Disability benefits and perhaps [...]
Tag Archives: cannot afford to pay
I Really Cannot Afford To Pay the IRS Right Now.
Most of the cases we work, this is the response of the clients. Believe it or not, the IRS knows and understands this. The IRS has provided a category for taxpayers that fall into this situation. These are called hardship status cases. With the economy getting worse and worse, the noncollectable cases will skyrocket. Always [...]

