Any info on a wage levy?

i just recieved notice of a wage levy from the IRS and they told me I had to file 2005 in order to set up a payment plan, any ideas if they are steering me in the right direction? What are the options?

Answer:
You may not need a tax attorney, who will charge you an arm and a leg. I know many Enrolled Agents (NOT the same as an IRS agent necessarily) who work with this issue, and it will cost less.
My advice is to get thee to a reputable tax prep firm. Even if you have a simple tax return, getting it filed promptly and correctly is a BIG DEAL now. You may not owe as much as the IRS thinks you do. They do not know of your deductions, basis for stock, and other things that could reduce your tax.
Also, communication is key. Call the IRS (be prepared to wait a while) at the number provided on your letter. Let them know you're working with someone and that you are acting responsibly at this point. You've already let it go pretty far if you have a wage levy, but sometimes it can be stopped (or reduced) if you're showing good faith.
It is also possible to offer the IRS an "offer in compromise" - you offer what you can pay, and haggle it out from there.
Make sure that if you call to make an appointment with someone that you explain your situation so that the firm can ensure you get an appointment with the appropriate professional. You'll need someone with experience in this area.
A wage levy is a big deal.

My advice: Get an experienced Tax Attorney and have him/her help you work out a settlement plan.

The IRS does NOT have your best interests at heart - they want their money. A good Tax Attorney will almost certainly get you a better repayment plan than you'd get otherwise.
Find a tax attorney ASAP.

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