Code Section 6330
| Code Section | Effective Date | Name of Act | Name of Provision | 10yr Revenue Estimate ($millions) |
|---|---|---|---|---|
| 6330 | 9/27/2010 | The Small Business Jobs Act of 2010 | Application of continuous levy to employment tax liability of certain Federal contractors | 1,080 |
Application of continuous levy to employment tax liability of certain Federal contractors
Explanation of Provision
The provision allows the IRS to issue levies prior to a CDP hearing with respect to Federal tax liabilities of Federal contractors identified under the Federal Payment Levy Program. When a levy is issued prior to a CDP hearing under this proposal, the taxpayer has an opportunity for a CDP hearing within a reasonable time after the levy.
Back to Tax Tracker Codes Menu