Understanding Levy/Garnishment Release

When the IRS imposes a levy, it legally seizes your property to satisfy tax debts. This could mean garnishing your wages, taking money from your bank account, or seizing and selling your assets such as vehicles, real estate, and other personal property​¹​. However, you have the right to request a release of this levy if certain conditions are met:

• Paid Amount: If you’ve paid the amount you owe.
• Collection Period Ended: The period for collection ended before the levy was issued.
• Levy Release Aids Payment: Releasing the levy will help you pay your taxes.
• Installment Agreement: You enter into an Installment Agreement and the terms don’t allow for the levy to continue.
• Economic Hardship: The levy creates an economic hardship, preventing you from meeting basic living expenses.
• Property Value Exceeds Debt: The value of the property is more than the amount owed, and releasing the levy will not hinder the IRS’s ability to collect the amount owed​​.

Why Choose Tax Resolution Services of Hawaii for Levy/Garnishment Release?

Engaging a local Enrolled Agent from Tax Resolution Services of Hawaii for your Levy/Garnishment Release request comes with numerous benefits:

• Local Expertise: Our deep understanding of both federal and Hawaii-specific tax laws ensures a tailored strategy for your request.
• Professional Advocacy: With proficient negotiation skills, we advocate for a favorable release, ensuring a fair representation before the IRS.
• Stress Reduction: Alleviate the burden of IRS negotiations and paperwork. We handle the intricacies, allowing you to focus on rebuilding your financial stability.
• Educational Insight: We provide clear insights into the Levy/Garnishment Release process, empowering you to make well-informed decisions.