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the next question is obviously how do I get rid of a wage Levy if youve been hit with a wage Levy you need to take action immediately the longer you wait the worse it gets Ive seen it happen where the IRS gets really aggressive and collecting unpaid taxes through levies and they issue a continuous wage levy on your paycheck and simultaneously issue a bank Levy emptying out your bank account you need to contact the IRS ASAP or hire a tax professional to do it for you the IRS is required to release a levy if it determines that you have already paid the amount that you owe the period for collections is already over so that is not collectible releasing the levy will help you pay your taxes you enter into an installment agreement and their terms of the agreement dont allow for a levy the levy creates an economic hardship meaning that the IRS has determined that the levy prevents you from meeting your basic needs like putting gas in the car and food on the table the value of the property
