In a BLR webinar presentation entitled ‘Payroll: How to Legally Handle Tax Levies and Garnishments’, Attorneys Clint Robison and Amy Jensen provide the following information about timing issues and statutes of limitations regarding tax levies:
For a Limited Time receive a
FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with
customized information for your industry, location, and job.
Get Your Report Now!
- For tax levies after November 5, 1990, tax must be collected or levied within 10 years of the date of assessment
- For tax levies before November 5, 1990, IRS cannot collect or levy a tax 6 years after the date of assessment
- Statute of limitations can be extended by agreement between taxpayer and IRS
Clint Robison is a highly regarded employment attorney providing counseling and litigation services to public and private companies. He is a partner in the Los Angeles office of Hinshaw & Culbertson, one of the largest and oldest law firms in the country. Clint Robinson can be reached at crobison@hinshawlaw.com.
Amy Jensen is a senior employment attorney in the firm's Los Angeles office. She provides counseling and litigation services to a variety of companies, including restaurants, retail, manufacturing, and financial companies. Amy Jensen can be reached at ajensen@hinshawlaw.com.