Answer by Linda Westfall: An IRS Levy is not considered a garnishment. It does not fall under the new rules. There are IRS regulations that govern the handling of IRS levies.
Answer by John Burnett: IRS levies are not issued by a court or a state child support enforcement agency. That eliminates them from coverage under 31 CFR Part 212, the new Garnishment regulation.
First published on BankersOnline.com 5/16/11