posted on Feb, 6 2008 @ 01:14 AM
Never trust a web site with matters of importance.
If you want to know, go to the (Internal Revenue) Code, the source.
Remember, if you base your actions on some else's mis-interpetation or mis-representation it is not Them who will be held responsible by the
Powers That Be, it's You!
I am not in the collections division of my agency, and as I have stated previously, I generally do not handle Personal Income Tax cases, although
I've "Been There, and Done That" in the past. To my knowledge, however, once an account has gone into collections as a result of an unpaid debt, a
levy, lien, or wage garnishment may be emplaced without any involvement of the court system, federal or otherwise.
Now let's make sure we understand some terms here:
A Lien is a action emplaced against real property attached by legal ownership. As an example, real estate is the most common form
of real prperty the IRS may impose a lien against. That does not mean the the IRS seizes the property; just that if/when you sell the
property, the procedes of the sale will be paid to the IRS, up to the amount owed or the amount of the lien, whichever is less.
A Garnishment is an encumberence of wages or other compensation imposed against an employee, usually representing a percentage of the
employees wages, for the payment of an established debt. Garnishments require the participation of the employer (who withholds the directed amount and
remits it to the garnishing agency) and are subject to various restrictions and limitations.
A Levy is usually an order served upon a financial institution, instructing it to restrict access to a specified account for a specified
amount. The account's owner may be denied access to the held account until/unless the amount specified by the levy instrament is either remitted to
the issueing agency, or recinded by that agancy.
And finally, WhiteWash, the term Voluntary, when employed in reference to our system of taxation, and is most often
mis-represented/mis-construed to somehow mean that we can choose whether or not to pay taxes, actually referes to How the tax is
imposed, not whether it is imposed.
Voluntary, in this sense simply means that the tax is imposed (calculated) and paid at a specified time, removed from the actual moment of the
taxable transaction: Your personal income tax is due on April 15th, not when you recieve each paycheck.
Do not confuse withholding for income taxes as payment of income taxes.
An Involuntary system of taxation would be analogous to a national Sales Tax system, wherein you would be paying the tax owed at the time of
the taxable transaction, as an integral part of the transaction.
It's a bit more complicated than that , but I hope you get the idea.