Final answer:
The IRS uses Form 668-W, specifically C)Form 668-W(c)(DO), known as the 'Notice of Levy on Wages, Salary, and Other Income', a four-part form, to issue a federal tax levy to an employer.
Step-by-step explanation:
The IRS will send an employer a federal tax levy on the Form 668-W, specifically Form 668-W(c)(DO). This form is termed as the 'Notice of Levy on Wages, Salary, and Other Income', and it is a four-part form.
Employers receiving this form are required to withhold a specified portion of an employee's income to satisfy a tax debt that the employee owes to the IRS.
It is important for taxpayers and employers to understand the significance of the 1040 tax form as well. Changes to the tax code that the 1040 form is based upon can impact the economy and the well-being of individuals and businesses.
The completion and submission of accurate tax forms are critical for meeting financial responsibilities and for the government to execute its fiscal policy efficiently.