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Can the IRS Take Money Out of My Bank Account? - Vimarsana News

Can the IRS Take Money Out of My Bank Account?

When someone owes back taxes, the Internal Revenue Service has a few tools at its disposal to compel this person to pay. Wage garnishments are one option; bank account levies are another. Can the IRS take money out of your bank account? Yes, and it's perfectly legal to do so. Bank account levies are avoidable, […] The post Can the IRS Take Money Out of Your Bank Account? appeared first on SmartReads by SmartAsset.

Source: yahoo.com