If you have received a “Notice of Wage Garnishment,” or your wages have been garnished, help is one phone call away. Our team of licensed Enrolled Agents, CPAs, and Tax Attorneys here at Tax Network USA have multiple effective strategies to prevent, remove, and even release all types of wage garnishments from IRS and State Taxing Authorities.
If you owe money to the IRS or State, they will resort to any means possible to receive payment from you. One collection method is through a wage garnishment. This is a legal procedure in which a person’s earnings are required by the IRS or order to be withheld by an employer for the payment of the unpaid back taxes.
In one phone call,you can get all your wage garnishment questions answered by a licensed tax professional:
Don’t make any major decisions until you get every tax wage garnishment question answered during your Free No Obligation Consultation.
IRS wage levy or Wage Garnishment is when the Internal Revenue Service legally takes money directly from your paycheck to satisfy taxes owed. The IRS contacts your employer and demands a percentage to be paid them for your unpaid taxes.
If you are currently being garnished or you have received a letter of intent, it’s best to have a tax lawyer or enrolled agent help you exercise your rights.
No. You have the right to due process. In other words, The IRS will not start garnishing your wages without giving you notice and an opportunity to make payment arrangements.
But, unlike most other creditors, it does not have to first use you and get a judgment in order to start the garnishment process.
It can take from 11 to 25 weeks from the time you get the first IRS notice asking for payment to when the IRS issues a wage levy. But, if you have an IRS revenue officer assigned to your case, that timeline can speed up significantly.
Yes. You have the legal right to appeal a Wage Garnishment, but you must act quickly as the IRS can start seizing your assets within 30 days of sending the notice. In most cases, it is recommended to have a licensed tax professional on your side when presenting and filing appeals.
Generally, the IRS will take 25 to 50% of your disposable income until the taxes are paid. Disposable income is the amount left after legally required deductions such as taxes and Social Security (FICA).
In most circumstances, the IRS can continue to withhold money from your earnings until the entire debt is satisfied. If you owe a significant debt, it may take you years to pay off your default. Not to mention the high interest rates and penalties for garnishments.
