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It was my belief that my Social Security benefits were exempt from garnishment from a New York Sales Tax levy. Here is the response I got from my bank in Florida:

06/13/2011

7:28:53 PM

Customer Care

RE: Customer Service

Dear Mr.

Thank you for contacting us in regards to your Levy.

We received the following response from our Levy Department Manager:

The federal law that protects federal benefit payments (31 CFR 212) went into effect on May 1, 2011. This law only protects funds from a garnishment order (levy) that is court ordered. New York State Department of Taxation and Finance does not issue a court ordered garnishment, but rather an administration ordered garnishment, hence the new rules do not apply.

Mr. would need to discuss this matter with New York State and prove to them that the funds are in fact exempt.

We apologize for this inconvenience.

You can contact the N.Y. Department of Taxation to discuss the Levy at 1-800-872-7400. Please refer to the following:

LEVY #E-011505218-L003-9

So don't presume that your funds are safe, at least not from TD Bank in Florida.

-- ans --

So your actually think "your funds" are safe - meaning just payable to you - even though you criminally decided to just not pay over sales taxes (that is money you collected from customers as funds entrusted to you to be delivered to the state - to pay things like the benefits your collecting).....because well - I guess...only because your an idiot who acts as a criminal thief and wants others to protect you?

Good case there

Please - pay the money you stole back.

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Q: Can THE STATE OF VIRGINIA GARNISH A SOCIAL SECURITY TO PAY BACK SALES TAXES?
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How much sales tax on jewelry in Virginia?

There is 5% sales tax on jewelry in Virginia.


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The simple answer is no. This was taken directly from the Social Security Website..."After you retire, you may receive ­payments for work you did before you started getting Social Security benefits. Usually, those payments will not affect your Social Security benefit if they are for work done before you retired. This fact sheet describes some of the more common types of special payments, helps you to decide if you received any and tells you what steps to take if you did.What qualifies as special payments...If you worked for wages, income received after retirement counts as a special payment if the last thing you did to earn the payment was completed before you stopped working. Some special payments to employees include bonuses, accumulated vacation or sick pay, severance pay, back pay, standby pay, sales commissions and retirement payments or deferred compensation reported on a W-2 form for one year, but earned in a previous year. These amounts may be shown on your W-2 in the box labeled "Nonqualified Plan."


What percentage of your income do you lose to taxes?

We own a small business and between federal, self employment, state, and local user taxes-40% That is only for the income taxation. Then we also have personal property taxes, sales tax, license fees, fees for inspections etc. There is also social security tax that is twice what you see on your check. The other half is supposedly a contribution by your employer.


Is sales commission an expense or cost of sales?

Sales commission is a Cost of sales. But the salary of a sales agent is an expense.


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