So your paycheck was just cut by 75%! Wage levies are intended to create hardship! The portion of wages exempt from levy is insufficient to provide for the necessary living expenses of an individual or family. How do I make this go away?
IRC 6331 is the authority for the IRS levy and distrait action. A levy is used to reach assets of a delinquent taxpayer that are in the hands of a third party like your employer or bank. A notice of levy on salary or wages is a continuous levy from the date it is made until it is released. per IRS 6343
Release of levy:
A wage release can be obtained by negotiating some equitable solution such
as an offer in compromise, installment program, short term payment or cash
settlement. A bank levy is released by negotiating with the IRS during the
21-day waiting period before the bank is required to remit funds.
Income Tax Planning Preparation | Filing of Past Due Tax Returns | Innocent Spouse Relief | Installment Agreement | Non-Collectable Status Negotiations | Offers in Compromise | Release of Federal Tax Lien | Review Transcript Requests | Discharging Old Taxes in Bankruptcy