Q: Wage Garnishment or Bank Levy A: When the IRS or state has failed repeatedly to collect back taxes, they begin to seize assets. This process is called a "levy." When they attach wages, it's termed a "wage garnishment." They are legally allowed to seize bank accounts, demand payment from accounts receivable, take control of property for auction, and assume title on vehicles. Virtually anything of value can be seized to satisfy the outstanding debt. Levies and wage garnishment are the most crippling and humiliating of all collection tactics. They're designed to force taxpayers into willful compliance. Depending on the type and severity, we can begin to neotiate the process within 2-10 business days. Click here to negotiate your tax problems with the IRS.