Tax Problem: Wage Garnishment

Wage garnishment is a judgment against you requiring your employer to legally withhold money from your wages for tax debt payment. This is an effective process used by the IRS to enforce taxpayer compliance. A garnishment can cost you 30% to 70% of your paycheck.

Before the IRS can attach a wage garnishment, the following criteria must be met:

  • The tax must be assessed and a notice sent to taxpayer
  • The taxpayer must refuse to acknowledge or pay the outstanding balance
  • The taxpayer must receive a “Final Notice of Intent to Levy and Notice of Your Right to a Hearing” - sent 30 days prior to the garnishment taking effect

Once the IRS completes these actions, you will be facing a wage garnishment. You do not have to actually receive the notice for it to be legal. The IRS is required only to send it via certified mail to your last known address. Many taxpayers may not be aware they are going to be garnished until it actually happens.

This is one of the IRS's most aggressive tax collection mechanisms and should not be taken lightly. The IRS would rather resolve taxes in a different manner but they will levy when they feel the have run out of other options. It is important to understand how garnishments work to ensure you take the appropriate actions to avoid them or stop the IRS from taking your wages.

Once you receive your wage garnishment information, it is imperative you contact Tax Relief Providers. You must be prepared to provide all your financial records and past tax information. If you do not have this information, we will get it for you. After reviewing your financial situation, Tax Relief Providers professional specialists will determine your eligibility for an alternative agreement with the IRS.

Most taxpayers are financially unable to avoid wage garnishments. You need Tax Relief Providers to negotiate with the IRS for alternative solutions, to protect you from escalating fines and penalties and, perhaps, loss of assets.

We can help. Learn about how our services work to help with your wage levy. Understand the benefits of using a tax professional specialist when dealing with a wage levy.

Call us today for a free consultation to talk with a tax specialist and get back on track to financial freedom. 888-877-1090!