What if the irs is taking part of his wages


Problem:

A taxpayer comes to the office and states that the IRS is taking part of his wages to pay past due taxes. That is, IRS has levied his wages. He states he now does not have money for rent or food for his family. You advise him that he may qualify for a hardship release and that he will need to submit a financial statement. He states he doesn't have all of the needed financial information with him. What would you do in this situation? A. Release the levy because of the hardship without the financial statement. B. Tell the taxpayer financial information is necessary and he will need to return with the information. C. Tell the taxpayer that the financial information is necessary and make an appointment for the taxpayer to return later in the week. D. Tell the taxpayer that he can estimate expenses and income for the financial statement and provide documentation at a later date. E. Advise the taxpayer that he can gather the required financial information at home and mail it back to your office.

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Accounting Basics: What if the irs is taking part of his wages
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